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Paul Atkins, chairman of the U.S. Securities and Exchange Commission, on Thursday announced the launch of "Project Crypto," a bold and sweeping policy initiative aimed at bringing U.S. financial ...
Mastercard executives said spending should hold up through the rest of the year and that they expect to hit the high-end of their revenue guidance, though management will remain vigilant for signs of ...
President Donald Trump's "liberation day" tariffs - part 2 - are slated to become effective on Aug. 1. Meanwhile, Trump is getting trade deals from Europe, Japan and the U.K., marked by promises of ...
Chief Financial Officer Sachin Mehra said Mastercard is seeing a "strong consumer," which he attributed to factors such as low unemployment, high wages and the wealth effect. Spending has been healthy ...
Our rating acknowledges the long-term threat of material value destruction arising from Antero's environmental, social, and governance exposures. For Antero, the most significant ESG issue is ...
To illustrate, Wesco's $4.7 billion acquisition of close peer Anixter International in June 2020 caused the firm's net debt/EBITDA ratio to swell close to 6 times. However, Wesco's elevated free cash ...
We see International Paper's shareholder distributions as appropriate. Despite some sizable acquisitions in the past, the company has consistently returned cash to shareholders through a rising ...
The Treasury secretary's remarks Thursday signal possible relief for Canada's aluminum sector, which--along with steel makers--faces a 50% tariff on products entering the U.S. Canada is the U.S.'s ...
If you're retired, or you're living on passive income from bonds and the like, you have every reason to be grateful to Federal Reserve Chair Jerome Powell. He has fought bitterly for three years to ...
The big focus, then, is on the unemployment rate. "You know, the main number you have to look at now is the unemployment rate," Fed Chair Jerome Powell said Wednesday, after the central bank left a ...
The Fed's preferred inflation gauge, the personal consumption expenditures price index, is due on Thursday. The data indicate a stable labor market with low layoff activity. National statistics agency ...
OpenAI is joining forces with two European companies to set up a data center in Norway, the ChatGPT maker's first project of this kind on the continent as it seeks to expand artificial-intelligence ...
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