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: V
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
Visa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan McInerney, the company’s current president and a veteran of the Read more
Dow rises around 300 points as investors shake off weak tech earnings, assess pace of Fed rate hikes
U.S. stocks were mostly higher Wednesday as investors shook off disappointing results from tech behemoths Microsoft and Alphabet, while the Bank of Canada delivered a smaller-than-expected rate hike. How are Read more
Visa beats on earnings and boosts dividend by 20%
Visa Inc. topped earnings expectations for its latest quarter Tuesday as the payments giant continued to call out strong consumer spending trends. Payments volume at Visa V, +1.92% grew 10% 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
Delta kicked off airline earnings season with a bang. What does it mean for other carriers?
Delta Air Lines kicked off the airline sector’s earnings reporting season this week amid concerns about the impact of fuel prices and hiring challenges on the industry. Nonetheless, Delta Air 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