In this article GSBD AXP AAPL GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC’s Leslie Picker. Goldman Sachs and Apple declined to comment. CNBC has also reached out to American Express. The talks
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT — Let’s set a scene: A pickup driver and their spouse, the truck in reverse, attempting to align the hitch ball on the pickup with a coupler on the trailer. “A little left. No, your left. No,
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images By striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans’ budgets. It also created the latest challenge for retailers already
In this article BURL BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Burlington and a Bed Bath and Beyond store Getty Images Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part
Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023. Saul Loeb | AFP | Getty Images All 23 of the U.S. banks included in the Federal Reserve’s annual
In this article META EBAY AMZN Follow your favorite stocksCREATE FREE ACCOUNT Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images The Inform Act, a new law that aims to curb organized retail theft and the sale of counterfeit and harmful products on
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly’s experimental drug helped patients lose up to 24% of their weight after almost a year, the highest reduction seen in the obesity treatment space to
Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty Images Companies and industries have ups and downs. The legacy media industry is in a valley. The first half of 2023 has been a colossal disappointment
Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in
Oddity Il Makiage Coutesy: Oddity Beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public Friday as the once-frozen IPO market warms up. The Israel-based company plans to trade on the Nasdaq using the ticker ODD. The company didn’t immediately disclose how the offering would be priced
In this article ABI-BE TGT Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Gene Kim Attacks against businesses for their inclusion of the LGBTQ+ community have forced companies to try to strike a balance between expressing values or risking backlash — and even violence — from a small but vocal part of their customer bases.
PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images Key lawmakers on Wednesday invited the officials behind the proposed deal between the PGA Tour and Saudi-backed rival LIV Golf to testify at a Senate