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Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at “reducing layers, increasing ownership, and removing bureaucracy,” while continuing to…
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up,…
This article was written byFollowDaniel is an avid and active professional investor. He runs Crude…
New York City tops the list of U.S. cities where the cost of living is rising fastest, followed by three cities in California, according to a new analysis of inflation…
Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the…
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers voted…
This article was written byFollowJussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He…
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Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans’ record-high consumer debt. During the first nine months of 2024, lenders wrote off more than $46 billion in seriously…
Capital One’s technical outage which had been impacting the processing of some deposits, payments and transfers – has dragged on…
A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to…
The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation…
Cosmos ChiuCIBC Capital Markets, Research Division Great. Thanks, everyone, for joining us at the 29th Annual CIBC Western Institutional Investor…
Nearly half of Americans aged 50 and older with credit card debt are…
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With summer vacations just around the corner, millions of Americans are getting ready…
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A Florida man filed a lawsuit against Outback Steakhouse alleging that he…
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A new report from the New York Federal Reserve found that while…
