Mastercard Profit Surges As Travel Spending Back To Pre-pandemic Levels
(Reuters) -Mastercard Inc beat quarterly profit expectations on Thursday as domestic spending through its cards rose and cross-border volumes grew…
January 2022
Fed Recap – What happened to the markets?
Markets were having their best day of 2022. Then Jerome Powell happened. What did the Fed Chair say that had…
US weekly jobless claims fall for the first time in a month
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week following three straight increases amid a surge in cases…
US economy grew 5.7% in 2021 in rebound from 2020 recession
WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with…
DBS To Announce Purchase Of Citi’s Taiwan Consumer Business -sources
TAIPEI (Reuters) -Singapore’s DBS Group will announce on Friday it is to buy Citigroup’s consumer finance business in Taiwan, two…
Report: 5,000-plus deaths under Ethiopia’s Tigray blockade
NAIROBI, Kenya (AP) — Nearly 1,500 people died of malnutrition in just part of Ethiopia’s blockaded Tigray region over a…
U.S. Lawmakers Ask Treasury To Clarify Digital Assets -Punchbowl News
WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers has asked the Treasury Department for “clarity to the digital asset…
Southwest, profitable again in Q4, expects slow 2022 start
DALLAS (AP) — Southwest Airlines posted a narrow $68 million profit for the fourth quarter, aided by full flights during…
McDonald’s ends 2021 strong, but rising costs ding profit
McDonald’s ended 2021 on a high note with U.S. customers spending more and fewer restaurant closures in Europe from coronavirus…
Blackstone Reports Record Fourth-quarter Earnings
By Chibuike Oguh (Reuters) – Blackstone Inc said on Thursday its fourth-quarter distributable earnings rose by 55% to a record…