The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a year.
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
The retailer said it would be selling its Pride merchandise in a select number of stores and that apparel from the collection this year will be for adults only.
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.
Stocks making the biggest moves midday: Novavax, Taiwan Semiconductor, Sweetgreen and more
These are the stocks posting the largest moves in midday trading.
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
Consumers are acting vastly different depending on income level.
Sweetgreen shares soar 35% after company beats revenue expectations
Shares of the salad chain surged 35% Friday after the company beat Wall Street’s forecast for first-quarter results.
Consumer sentiment tumbles as inflation fears surge, closely watched survey shows
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.
Stocks making the biggest moves premarket: Yelp, Sweetgreen, Novavax, Akamai Technologies and more
These are the stocks posting the largest moves in premarket trading.
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.
An art market full of cracks is about to face a $1 billion test
While the spring sales typically have more than a dozen works offered for more than $30 million each, this year there are just a few.