Editor’s Picks

Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery

Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery
Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery
May 19, 2020  |  Economy

Jamie Dimon, CEO of JPMorgan Chase, said in a memo that the coronavirus pandemic has revealed weaknesses that require a bipartisan approach to correction. The...

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What Walmart’s Earnings Are Teaching The World About The New American Consumer
What Walmart’s Earnings Are Teaching The World About The New American Consumer
May 19, 2020  |  Earnings

When the going gets tough, the tough go to Walmart. That’s one of the main takeaways to come out of Walmart’s first-quarter earnings release Tuesday (May...

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More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
May 19, 2020  |  Loans

It’s no secret that the federal Paycheck Protection Program (PPP) has had a rocky few weeks since initially launching in early April. Get the Full...

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Brex Notches $150M To Advance Expense Management Tools
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020  |  Investments

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in...

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Walmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart Crushes Earnings; eCommerce Soars 74 Pct
May 19, 2020  |  Retail

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up...

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Kohl’s Sales Plunge 43.5 Pct Amid Pandemic
Kohl’s Sales Plunge 43.5 Pct Amid Pandemic
May 19, 2020  |  Retail

As it took fast and aggressive steps to respond to the pandemic, steps that resulted in positive operating cash flow, Kohl’s reported a first quarter...

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PayPal Debuts QR Codes To Help SMBs Go Contactless
PayPal Debuts QR Codes To Help SMBs Go Contactless
May 19, 2020  |  Payment Methods

Although the country is starting to reopen following mandatory shutdowns amid the coronavirus pandemic, social distancing is still a must for face-to-face interactions. To help...

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Demand For New Homes Climbs After Historic Drop
Demand For New Homes Climbs After Historic Drop
May 19, 2020  |  Real Estate

Homebuilder sentiment may be coming out of its worst slump ever, as new data showed confidence improving this month, with one caveat: the Northeast is...

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