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McDonald’s CEO Warns Consumer Sentiment Is Declining

McDonald’s CEO Warns Consumer Sentiment Is Declining
McDonald’s CEO Warns Consumer Sentiment Is Declining
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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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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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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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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Dun & Bradstreet Partners With Anthropic to Automate Business Onboarding
Dun & Bradstreet Partners With Anthropic to Automate Business Onboarding
May 07, 2026  |  artificial intelligence

Dun & Bradstreet will collaborate with AI startup Anthropic to embed its proprietary commercial risk data directly into the Claude AI platform, according to a...

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Credit Karma Opens Doors to 17 Million Credit Invisible Americans
Credit Karma Opens Doors to 17 Million Credit Invisible Americans
May 07, 2026  |  Financial Inclusion

Credit Karma has begun allowing individuals who don’t have a credit score to open an account and use the resources it offers to build a...

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OpenAI Venture in Talks to Buy AI Services Firms
OpenAI Venture in Talks to Buy AI Services Firms
May 07, 2026  |  artificial intelligence

OpenAI may be moving from selling artificial intelligence tools to buying the people who can make them work inside large companies. Get the Full Story...

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Snap and Perplexity Cancel AI Integration Plans
Snap and Perplexity Cancel AI Integration Plans
May 06, 2026  |  Social Commerce

Snap and Perplexity said Wednesday (May 6) that they amicably ended a partnership that would have integrated Perplexity’s artificial intelligence-powered answer engine into Snap’s Snapchat...

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