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Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for...
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- Business
Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Chinese tea chain Chagee files for U.S. initial public offering
Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
- Investing
Trump’s Auto Tariffs Ignite Global Trade Tensions and Market Uncertainty
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Business
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment....
Business
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount...
Business
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The...
Business
Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments...
Business
As consumers continue to struggle with persistently high inflation, Target is unveiling a low-price, in-house brand it’s calling dealworthy. Target’s dealworthy products will start...
Business
Self-driving Cruise vehicle accused of nearly hitting kids in two separate close calls one day apart
Cruise, the driverless car company owned by General Motors, is back in the spotlight after another close call with a pedestrian. The California Department...
Business
Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming...
Business
Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to...
Business
Young adults’ wealth is growing, but they’re still living and spending in the here and now. Many feel they don’t have a choice. The...
Business
Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming...
Business
Federal financial regulators are exploring allegations by two whistleblowers that Cash App, the popular mobile payment platform, and entities providing transaction services to its...
Business
A 2018 Cadillac ATS-V Sedan once leased by President Joe Biden has gone up for auction. The car was built as a “one-of-one specification”...
Business
Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish...
