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In the wake of Capital One announcing plans to purchase Discover earlier this week, opposing views have already emerged over whether the deal — if it goes through — will be good or bad for consumers. One camp argues that the acquisition would benefit consumers because it combines two major…

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Corporate Participants Etienne Marcus – Vice President, Finance and Investor Relations David Overton – Chairman and Chief Executive Officer Matt Clark – Executive Vice President and Chief Financial Officer Conference Call Participants Brian Harbour…

‘They need proof’: Black voter explains why he supports RFK Jr. Independent presidential candidate Robert F. Kennedy Jr. is drawing attention after aiming to win over Black voters from Democrats in the White House run for the presidency. CNN’s Eva McKend has the report. Read the full article here

Treasury yields finished little changed on Monday as traders looked ahead to the January consumer-price-index report, due out Tuesday. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y fell 1.9 basis points to 4.467%, from 4.486% on Friday. Yields move in the opposite direction to prices. The yield on the…

“Arm is getting the credit it deserves for the current, and future, state of the computing market.” In one of the biggest stories in tech this week, Arm Holdings ARM, +1.33%, a company that only recently returned to being a public company last September, saw a huge spike in its…

Layoff fears are taking hold of workers across America, with many worried about whether they’re next. One expert says layoffs may be less widespread than they appear to be, but workers are still grappling with uncertainty. Employee confidence has taken a nosedive. The share of workers reporting a positive six-month business…

The rapid economic growth rate seen in the last three months of 2023 reinforces the Federal Reserve’s cautious approach to easing monetary policy, some economists say. There will not be “willy-nilly rate cuts,” said Chris Low, chief economist at FHN Financial, in a note to clients Thursday. “The Fed will…

© Reuters. In the recent earnings call, KDDI (OTC:) Corporation (ticker: KDDIY (OTC:)) shared an update on its financial performance for the third quarter of the fiscal year ending March 2024. The company reported a year-on-year increase in operating revenues by 2.0%, totaling 40,265.5 billion yen, and a slight rise…

By Bernadette Christina and Dewi Kurniawati JAKARTA (Reuters) – Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon. Three weeks on, he…