Emirmemedovski | E+ | Getty Images Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage rate is just over 20%, according to Bankrate. For … Read more
[ad_1] (Bloomberg) — Amazon.com Inc. mounted a “lengthy and pervasive anti-union campaign” at a warehouse in western Canada and hired an excessive number of workers to dilute support for a union, according to a Canadian labor board. The British Columbia Labour Relations Board found that Amazon Canada Fulfillment Services ULC violated provincial labor laws by … Read more
About 2,000 asset managers and investment advisors are here at the Exchange ETF conference in Las Vegas. A small ETF crowd arrived Saturday night to see Dead & Co. at the Sphere, who put on an amazing light show on top of an amazing music show. (What did you expect from the Dead?) Musical entertainment … Read more
[ad_1] Chennai, Jul 12 (PTI) Public sector Indian Overseas Bank must have a Vision for 2047 aligning with India’s growth aspirations, M Nagaraju, Secretary, Department of Financial Services, Union Ministry of Finance, said. He urged the city-headquartered bank to continue serving the evolving needs of its customers with ‘innovation and integrity.’ Launching some of the … Read more
The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Company: Tripadvisor (TRIP) Business: Tripadvisor is an online travel company. It leverages its brands, technology, and capabilities to connect its global audience with partners through content, travel guidance and two-sided marketplaces for experiences, accommodations, restaurants and other … Read more
[ad_1] (Bloomberg) — Credit rating downgrades are becoming more frequent, the latest sign that companies are starting to perform worse and raising fresh questions about whether corporate debt valuations should be as high as they are. In the second quarter, around $94 billion of high-grade US debt was downgraded, compared with just $78 billion of … Read more
Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building, which he called a “palace” where costs are running amok. In a potential escalation of President Donald Trump’s feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether … Read more
[ad_1] (Bloomberg) — An Italian court accepted some of UniCredit SpA’s requests to annul conditions imposed on its bid for Banco BPM SpA, handing a partial victory to Chief Executive Officer Andrea Orcel in his plan to create the country’s largest lender. The Administrative Court of Lazio lifted two conditions imposed by Prime Minister Giorgia … Read more
Check out the companies making the biggest moves midday: Penn Entertainment — The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, … Read more
[ad_1] Mumbai, Jul 12 (PTI) Over 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 to protest against the state government’s “draconian taxation”, said the Indian Hotel and Restaurant Association (AHAR) on Saturday. The bandh is to oppose the state government’s tax hikes, including rise in VAT (value added tax) on … Read more
