British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure that was lower than the 5.4% they said they expected in March, Reuters reported Monday (May 1), citing a survey...
Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on Form F-1 — a filing that is required for the registration of certain securities by foreign issuers — to the...
A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. In a statement issued Monday (May 1), House Financial Services Committee Chairman Patrick McHenry said he appreciated the “quick work” of the Federal Deposit Insurance Corporation (FDIC) in selling off...
With a bit of government help and snapping up First Republic Bank, JPMorgan Chase continues to build out its network, crafting an ecosystem that now has a greater number of wealthier depositors in the mix. Monday, the Federal Deposit Insurance Corp. took over First Republic...
BigCommerce has added new functionalities to its B2B eCommerce platform for suppliers, manufacturers, distributors and wholesalers. The latest release of the company’s B2B Edition introduces multi-storefront compatibility, a modernized buyer portal and headless support, BigCommerce said in a Monday (May 1) press release. “With B2B...
The U.K.’s new anti-fraud strategy reportedly places less burden on tech companies. As the Financial Times reported Monday (May 1), the British government is set to unveil the strategy as early as Wednesday (May 3), with the goal of coordinating lawmakers, police and private companies. However, the...
Adidas will increase its focus on sports in the U.S. to propel its stateside business. “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, president of the company’s North America operations, said in an interview with...
More often than not, pet parents are willing to take extensive measures to guarantee their pets are given optimal care and attention, which entails providing them with the necessary essentials to flourish. This is shared sentiment among big pet players like Chewy, Petco, Mars, and...
Chase and Amazon have introduced new rewards and cash back opportunities for Amazon Visa cardholders. The credit cards debuted Monday (May 1) with new names — “Prime Visa” and “Amazon Visa” — along with updated designs. “Prime Visa and Amazon Visa cardmembers can now earn 5% back and 3% back,...
