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McDonald’s CEO: Consumer Caution Drives Demand for Value

McDonald’s CEO: Consumer Caution Drives Demand for Value
McDonald’s CEO: Consumer Caution Drives Demand for Value
May 07, 2026  |  Earnings

McDonald’s executives warned Thursday (May 7) that consumers are becoming more cautious with their spending as economic uncertainty continues to weigh on household budgets, prompting...

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Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
May 07, 2026  |  Credit Cards

If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe...

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Citi Rebuilds Cards Around Affluent Customers and AI
Citi Rebuilds Cards Around Affluent Customers and AI
May 07, 2026  |  Banking

Citi’s Thursday (May 7)  Investor Day presentation sketched out a bank betting on a technology-driven growth strategy, with executives demonstrating that artificial intelligence (AI) is...

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Amazon Bets Logistics Is the New Cloud
Amazon Bets Logistics Is the New Cloud
May 07, 2026  |  Amazon

Amazon is turning another internal capability into a commercial product. This time, the asset is logistics. Get the Full Story Complete the form to unlock...

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Household Inflation Anxiety Edges Higher in NY Fed Poll
Household Inflation Anxiety Edges Higher in NY Fed Poll
May 07, 2026  |  Economy

Consumers are more pessimistic and more uncertain about the rate of inflation over the next year than they were a month ago, according to data...

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Big Pharma Runs Its Checkout Counter Through GoodRx 
Big Pharma Runs Its Checkout Counter Through GoodRx 
May 07, 2026  |  Earnings

Out-of-pocket drug costs are rising for millions of Americans. Coverage gaps are widening. GoodRx is turning both trends into a business. Get the Full Story...

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Kalshi Reaches $22 Billion Valuation Amid Increasing Institutional Demand
Kalshi Reaches $22 Billion Valuation Amid Increasing Institutional Demand
May 07, 2026  |  Fintech Investments

Kalshi completed a $1 billion Series F funding round that values the prediction market platform at $22 billion, according to a Thursday (May 7) company...

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Apple’s Next iOS Turns iPhone Into an AI Marketplace 
Apple’s Next iOS Turns iPhone Into an AI Marketplace 
May 07, 2026  |  Apple

For two decades, the smartphone was the device people carried to access the internet. Now it’s becoming the device they carry to access artificial intelligence....

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Tax Refunds Squeeze OppFi Loan Volume
Tax Refunds Squeeze OppFi Loan Volume
May 07, 2026  |  Earnings

OppFi saw its total net originations decrease 7% in the first quarter as the company tightened credit and as larger tax refunds reduced its customers’...

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