According to the DOJ’s complaint, 60% of debit transactions in the United States run on Visa’s debit network, allowing it to charge over $7 billion in fees each year for processing those transactions.
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, from 105.6 in August. It was the biggest month-to-month decline since August of 2021.
Companies exploring the option of letting employees work four days a week hope to reduce job burnout and retain talent seeking a better work-life balance, according to the chief executive of an organization that promotes the idea.
The initial agreement runs through the 2031 season and ensures the 25 chartered cars a starting spot in all IndyCar races except the Indianapolis 500.
The budget motel chain—which operates 10 hotels in the Indianapolis area—is being sold by New York-based investment firm Blackstone, which purchased the chain in 2012.
Indiana Fever star Caitlin Clark missed 10 of her first 11 shots after getting poked in the eye in the team’s 93-69 loss to the host Connecticut Sun on Sunday.
While lower rates give home shoppers more purchasing power, a mortgage around 6% is still not low enough for many Americans struggling to afford a home.
All the iPhone 16 models, with starting prices ranging from $800 to $1,200, are equipped to handle the new technology, which the company is marketing as “Apple Intelligence.”
The Indiana Fever rested their starters for most of their final regular-season game Thursday night in Washington, D.C., allowing the host Mystics to pull out a 92-91 victory before a crowd of 20,711, the largest in WNBA regular-season history.
Weekly filings for unemployment benefits, considered largely representative of layoffs, had risen moderately since May before this week’s decline.
The International Brotherhood of Teamsters declined said neither candidate has sufficient support from the 1.3 million-member union.
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.
At issue is how fast the Fed wants to lower interest rates to a point where they’re no longer acting as a brake on the economy—nor as an accelerant. Where that so-called “neutral” level falls isn’t clear.
The Detroit automaker said Wednesday that it is opening up access to more than 17,800 Tesla Superchargers for its customers, with the use of a GM approved NACS DC adapter.
It’s the third expansion franchise the league will add over the next two years, with Golden State and Toronto getting the other two.
In Tuesday’s bankruptcy petition, Tupperware reported more than $1.2 billion in total debts and $679.5 million in total assets. Shares for the company have fallen 75% this year and closed Tuesday at about 50 cents apiece.
Jackson said her father, Jim Irsay, made her feel welcome to work in the family business, instilling in her and her sisters a belief they belonged in a male-dominated industry that is seeing more growth for women.
The Federal Trade Commission argues the deal would eliminate competition and lead to higher food prices for already struggling customers.
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate.
Before a panel of three judges at a federal appeals court, attorneys for the two sides—and content creators—were pressed on their best arguments for and against the law that forces the two companies to break ties by mid-January or lose one of their biggest markets in the world.
