Yahoo Finance's Zack Guzman and Kristin Myers discuss world leader's call for supervision for the global tech industry with Brian Brenberg, The King's College executive vice president & chair of the program in business and finance; and Alex Moazed, Applico CEO.
Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant. “I think (with these features) we’re getting past the point where consumers may never need to manually enter an account number ever again,” said Mark Nelsen, Visa’s global head of consumer payments, in an interview.
Formerly disgraced FTX CEO and Co-Founder Sam Bankman-Fried was convicted in November of wire fraud, money laundering and conspiracy, and sentenced to 25 years in prison. His high-profile trial marked a significant chapter in the unraveling of FTX, which collapsed under suspicious financial practices, leading to intense scrutiny and legal action. For the first time since his incarceration, Bankman-Fried described his daily life in a detailed interview with journalist William D. Cohan of Puck. Do
A stellar company is set to join an exclusive club of top-tier businesses that have somewhat recently conducted a forward-stock split.
A projected increase to Medicare Part B premiums could eat into the raise considerably, says Mary Johnson, a Social Security and Medicare policy analyst.
Despite tumbling by more than 40%, these time-tested income stocks -- sporting an average yield of 7.57% -- are ripe for the picking by opportunistic investors.
Since the vast majority of retirees won’t live to 95, some experts say people might be spending far too cautiously and not fully enjoying their retirement. “There isn’t just one number; the key is providing better guidance,” says David Blanchett, head of retirement research for PGIM DC Solutions and author of a recent paper on “guided spending rates.” Much of the new research aims to go beyond a legendary guideline in retirement advice: the 4% rule.
Passive income investors looking to generate dividend income have two excellent choices here.
This company benefits from big trends in AI and digital advertising, but its core business is still a big growth story.
(Bloomberg) -- The US Bureau of Labor Statistics inadvertently published Consumer Price Index data 30 minutes early on Wednesday, raising fresh questions about how the agency releases some of the world’s most sensitive economic information.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relie
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said on Thursday. Though the labor market remains healthy, it is steadily rebalancing in the wake of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to cool demand in the overall economy.