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Thursday, January 9, 2025

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American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal

An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen parked at LaGuardia...

Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing

Pictured here is an Apple flagship store in Beijing, China, on the day of the iPhone 16 launch on Sept. 20, 2024.Bloomberg |...

Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in...

What buying Commerzbank would mean for UniCredit — and the banking sector

The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023.Kirill Kudryavtsev | Afp | Getty ImagesUniCredit's move...

Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors

Binance CEO Richard Teng speaks in Singapore on Sept. 17, 2024, at an event hosted by the local foreign correspondents association.Bloomberg | Bloomberg...

The Fed forecasts lowering rates by another half point before the year is out

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest...

Point72’s Steve Cohen is stepping back from trading his own book

Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium...

Coca-Cola and Bacardi testing canned rum and cokes

Coca-Cola and Bacardi canned beverage.Courtesy: Coca-ColaCoca-Cola just ordered another round in the booming canned cocktail market. It's going with another classic, launching a...

Lawmakers are ‘demeaning their role’ by trying to influence the Fed, House finance chair says

U.S. Rep. Patrick McHenry, R-N.C., speaks to members of the media outside the office of U.S. House Speaker Kevin McCarthy, R-Calif., at the...

Planning to delay retirement may not rescue you from poor savings

Alistair Berg | Digitalvision | Getty ImagesPlanning to work longer is a popular escape hatch for Americans who feel they've saved too little...

Here’s what ‘No Spend September’ is and how to know if you should participate

Solstock | E+ | Getty ImagesVictoria Szafarski currently has $10,000 in credit card debt. The New Yorker's outstanding balance peaked at $25,000 last year,...

Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes

For years, Amazon has set the bar for package delivery. When Prime launched in 2005, two-day shipping was unheard of. By 2019, one-day...

Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. It's a great...

This is the ‘billion-dollar blind spot’ of 401(k)-to-IRA rollovers, Vanguard finds

Sergio Mendoza Hochmann | Moment | Getty ImagesMany investors unknowingly make a costly mistake when rolling their money from a 401(k) plan to...

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