What Recession? Some Economists See Chances of a Growth Rebound.
The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.Read More
Robinhood Needs More Arrows to Fire
The online broker is shrinking its share count and slashing core expenses, but finding new revenue sources is still critical.Read More
The Battle for America’s Smokers Is Heating Up
U.S. cigarette volumes fell sharply last year as smokers cut back to save cash. Tobacco giants Altria and BAT also have a new rival on their turf.Read More
Trafigura Hit by Suspected Nickel Fraud, Says It Could Lose $577 Million
The giant commodities trader said it was the victim of “systematic fraud,” in the latest upset to the global nickel market. Read More
Unilever’s New Chief Faces Tough Balancing Act
Margins remain under pressure at the consumer giant despite price increases.Read More
The End of Abbvie’s $200 Billion Monopoly Won’t Sink the Stock
The drugmaker is offering steep discounts on its immune-disease therapy Humira to protect market share this year.Read More
Judge Questions Sam Bankman-Fried’s Access to Messaging Apps
Prosecutors and defense lawyers had agreed to limit the FTX founder’s digital communications, but the judge in the case questioned whether the restrictions went far enough.Read More
The Layoff Conundrum
Headlines about layoffs at large companies don’t match overall employment data.Read More
Affirm’s Big Problem Is Buying Now, Not Paying Later
The company has had solid credit performance, but it is paying up for funding and faces a tougher outlook for volume growth.Read More
Behind the Idea: Brite Payments
The global payments market has undergone a huge transformation in recent years with payment options continuing to evolve to meet consumer and regional demand. Demand for account-to-account payments gathered pace through 2022. Unlike cards, which require a substantial infrastructure to support them, A2A payments only need internet access and a bank account. One of the […]
