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Schulman Having Bumpy Landing After Taking PayPal to New Heights
Business

Schulman Having Bumpy Landing After Taking PayPal to New Heights

With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.

Amazon's Palm-Payment Effort Is a Sneak Attack on Apple and Google
Business

Amazon's Palm-Payment Effort Is a Sneak Attack on Apple and Google

It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty programs to tickets, age verification

Apple, Amazon, Starbucks to Report in Packed Earnings Week
Business

Apple, Amazon, Starbucks to Report in Packed Earnings Week

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest

They Had Great Credit Scores. Then They Retired
Finances

They Had Great Credit Scores. Then They Retired

The three-digit numbers still matter long after you stop working. Source link

Banks’ Newest Fed Headache: Nonstop Instant Payments
Business

Banks’ Newest Fed Headache: Nonstop Instant Payments

The Federal Reserve expects to launch a new system this month aiming to make payments in the U.S. banking system available immediately, around the clock.

Banks’ Newest Fed Headache: Nonstop Instant Payments
Finances

Banks’ Newest Fed Headache: Nonstop Instant Payments

The Federal Reserve expects to launch a new system this month aiming to make payments in the U.S. banking system available immediately, around the clock.

​​Climate Change and Poverty Pose Challenge to World Bank
Business

​​Climate Change and Poverty Pose Challenge to World Bank

The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund