Tag: MasterCard Inc

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Financial industry will embrace crypto if regulators allow it

Financial industry will embrace crypto if regulators allow it

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.The h [...]
Friday's big stock stories: What’s likely to move the market in the next trading session

Friday's big stock stories: What’s likely to move the market in the next trading session

Stocks rose Thursday, bolstered by positive economic data, and the S&P 500 nabbed another record close. Here's what CNBC is watching going into Fr [...]
DOJ accuses Visa of monopoly that impacts price of ‘nearly everything’

DOJ accuses Visa of monopoly that impacts price of ‘nearly everything’

Justin Sullivan | etty ImagesThe U.S. Justice Department on Tuesday sued Visa, the world's biggest payments network, saying it propped up an illegal m [...]
What’s likely to move the market

What’s likely to move the market

Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | Getty Im [...]
Thursday's big stock stories: What’s likely to move the market in the next trading session

Thursday's big stock stories: What’s likely to move the market in the next trading session

The S&P 500 and the Nasdaq Composite booked back-to-back losses on Wednesday. Here's what CNBC TV is watching going into Thursday. www.cnbc.com [...]
Food delivery fees are rising, and everyone’s feeling the pinch

Food delivery fees are rising, and everyone’s feeling the pinch

A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty ImagesFood from the restaurant of [...]
What we know about the consumer so far

What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty ImagesThe state of the consumer in 2024 is a [...]
Jamie Dimon on Capital One Discover deal: ‘Let them compete’

Jamie Dimon on Capital One Discover deal: ‘Let them compete’

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, [...]
Why Capital One is buying Discover in the biggest merger yet of 2024

Why Capital One is buying Discover in the biggest merger yet of 2024

Capital One CEO and Chairman, Richard Fairbank.Marvin Joseph| The Washington Post | Getty ImagesCapital One's recently announced $35.3 billion acquisi [...]
Companies losing pricing power after years of unbridled spending

Companies losing pricing power after years of unbridled spending

Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021.Nina Westervelt | Bloomberg | Getty ImagesA [...]
This key element of ESG investing could drive real change at companies and boost returns

This key element of ESG investing could drive real change at companies and boost returns

A pedestrian passes a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers b [...]
Credit card fee fight pits payment companies against retailers

Credit card fee fight pits payment companies against retailers

Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S.Daniel Acker | Bloomberg | Getty ImagesA bipartisa [...]
Inflation peaked but will remain above pre-Covid levels: Mastercard

Inflation peaked but will remain above pre-Covid levels: Mastercard

Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Af [...]
Tech can’t find a bottom; industrial, consumer stocks bounce

Tech can’t find a bottom; industrial, consumer stocks bounce

Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sal [...]
Travel has edge over shopping this holiday season amid inflation

Travel has edge over shopping this holiday season amid inflation

Retailers have a new threat this holiday season: wanderlust.Americans are returning to the skies, filling hotels, swarming theme parks — and they're s [...]
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