Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Tag: Mastercard Inc.
Tesla stock wipes out three day bounce, hits lowest price in more than 2 years
It has taken just one day for Tesla Inc.’s stock to erase the entire bounce it enjoyed over the last three days trading sessions of 2022, as disappointing deliveries data Read more
Block earnings: What to expect from Square parent company
Investors have already heard from Visa Inc. V, -2.70%, Mastercard Inc., and American Express Co. AXP, -3.08%, which all signaled healthy consumer-spending trends. Soon it will be Block Inc.’s SQ, Read more
Mastercard earnings rise as company calls out strong spending ‘across the board’
Mastercard Inc. became the latest payment-technology company to highlight strong spending as it topped expectations with its latest earnings numbers. “We’re seeing the consumer across the board show really good Read more
Visa, Mastercard facing FTC probe over debit-card competition on online payments
The Federal Trade Commission is investigating whether Visa Inc. and Mastercard Inc.’s security tokens restrict debit-card routing competition on online payments, according to people familiar with the matter. The FTC Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
Bill targeting Visa and Mastercard is ‘still alive,’ but latest path ‘feels like a desperation move’
A bill that lawmakers say will create more competition in the credit-card business and pressure industry fees “is still unlikely to pass in any form, but it’s still alive,” according Read more
Visa stock snaps record losing streak, but economic concerns linger
Shares of Visa Inc. and Mastercard Inc. gained Wednesday, snapping losing streaks that lasted roughly two weeks amid building macroeconomic concerns. Visa’s V, +0.74% stock had fallen for 11 straight Read more
Wayfair to lay off 5% of employees, stock falls
Online furniture retailer Wayfair Inc. plans to lay off about 870 employees as it looks to cut back its expenses. The planned job cuts represent roughly 5% of Wayfair’s W, Read more
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