Federal Reserve Chair Jerome Powell warns that Trump's tariffs create uncertainty for the U.S. economy, influencing the Fed's decision on interest rates. Despite calls for faster cuts, Powell emphasizes caution amid inflation concerns.
Walmart's fintech startup OnePay is launching two new credit cards in partnership with Synchrony, aiming to improve customer experience and expand financial services for millions. Explore this strategic shift in retail banking!
Trump Media is raising $2.5 billion through stock sales and convertible notes to integrate Bitcoin into its financial strategy. CEO Devin Nunes calls it a leap toward financial freedom as the company explores crypto investments amidst growing scrutiny.
In a landmark deal, Capital One has successfully acquired Discover Financial Services for $35.5 billion. CEO Richard D. Fairbank states this merger will redefine banking for millions. What does this mean for customers?
Donald Trump's post-presidency financial ventures have skyrocketed, revealing new ways for allies to funnel money into his empire through media, cryptocurrency, and decentralized finance platforms.
In a major banking move, the Federal Reserve has approved Capital One's merger with Discover. This comes alongside a $100 million fine for Discover's past interchange fee overcharges and a commitment to customer repayments.
In a dramatic turn of events, President Trump's social media post urging followers to buy stocks coincided with a market surge following his tariff pause announcement. Democrats accuse him of market manipulation, igniting a fierce debate on ethics and insider trading.
Explore how Bloomberg is revolutionizing the way decision makers access vital business and financial information through a dynamic network of insights and connections!
DoorDash has partnered with Klarna to offer payment plans for food deliveries, allowing customers to pay in installments. While some celebrate the flexibility, financial experts warn of potential pitfalls.
In an exciting new partnership, DoorDash will soon allow users to pay for fast food in installments thanks to Klarna's Buy Now, Pay Later service. This move aims to attract cash-strapped consumers and could revolutionize how we pay for everyday meals.
