The feds may crack down on credit-card rewards programs. Here's what that means for your points and miles. – Yahoo Finance
Federal authorities are scrutinizing credit card rewards and related frequent flyer programs, arguing that the system is complex and misleading to customers. – MarketWatch Photo Illustration/iStockphoto Federal regulators are taking a closer look at the points and miles consumers earn on credit cards, and this scrutiny could help cardholders get more bang for their buck. […]
Stock markets, China tariffs, Novavax and Sanofi: 3 Things – Yahoo Finance
The major stock indexes (^DJI, ^IXIC, ^GSPC) are looking to end the first full trading week of May on a high, as are several European indexes. DAX Performance Index (^GDAXI), and CAC 40 (^FCHI). President Biden is reportedly scheduled to release an update on Trump-era trade tariffs on China. Novavax (NVAX) stock has soared more […]
Yen's Fragility Raises Specter of a New Currency War in Asia – Yahoo Finance
(Bloomberg) — As the yen hits new lows, some investors are anticipating a scenario almost unthinkable in a region busy supporting currency declines: a series of competitive moves that could trigger a new Asian currency war. We are pondering the scenario of a weaker yen. Most Read Articles on Bloomberg The alleged intervention to drag […]
Arm shares fall as soft forecast takes shine off AI optimism – Yahoo Finance
(Reuters) – Arm Holdings shares fell on Thursday. That’s because annual revenue forecasts that were softer than chip designers had expected dampened some of the enthusiasm for the stock after its AI-powered surge in recent months. After falling as much as 8.5%, the stock pared some of its losses to trade 1.5% lower at $104.50 […]
Dollar fades after claims data, pound recovers from BoE-led low – Yahoo Finance
Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell against most currencies on Monday as economic data showed signs of softening in the U.S. labor market, while the Bank of England opened the door to interest rate cuts. This caused the pound to rebound from its previous lows. The number of new applications […]
BBVA Makes $12 Billion Hostile Bid for Sabadell After Snub – Yahoo Finance
(Bloomberg) – Banco Bilbao Vizcaya Argentaria has made an 11.5 billion euro ($12.4 billion) bid for Banque Sabadell directly to shareholders, but the Spanish government is concerned about job cuts and a decline in competitiveness. It was an unusually hostile move, with the government announcing its opposition. Most Read Articles on Bloomberg According to BBVA’s […]
Dollar gains ground; subdued yen prompts Japan warning – Yahoo Finance
Written by Amanda Cooper LONDON (Reuters) – The dollar edged higher on Wednesday, recouping some of the losses from a fresh bet by the U.S. Federal Reserve to cut interest rates this year, while the yen fell for a third straight day, pushing investment The family continues to be wary of the risk of intervention […]
‘Outrageous’: Harmeet Dhillon Says Judge Merchan ‘Prevented’ Campaign Finance Experts From Testifying For Trump
Republican Party official and lawyer Harmeet Dhillon stated Thursday that presiding Judge Juan Merchan “prevented” campaign finance experts from testifying for former President Donald Trump in his New York case. Dhillon appeared on “The Megyn Kelly Show” to discuss Trump’s ongoing case in New York where Manhattan District Attorney Alvin Bragg charged the former president […]
Disney stock plunges on weaker TV business – Yahoo Finance
STORY: Walt Disney shares fell as much as 10% in morning trading Tuesday after the entertainment giant reported quarterly results that overwhelmed Wall Street. The company posted a surprise profit in the entertainment division of its streaming business, while its traditional TV business slumped and box office revenue slumped. The company’s streaming services Disney+ and […]
The role of campaign finance in our ‘rigged’ political system
8 years after Donald Trump escalated against the powers that be complaining about “.rigged system” and promise “Please drain the swamp.” Super PAC And the representatives of the government will be Ted Cruz They are exploiting loopholes and testing the limits of campaign finance laws. Trump is running again, but this time he’s not focused […]