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
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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Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
May 19, 2020  |  Loans

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will testify remotely before the Senate on Tuesday (May 19) regarding the disbursement of coronavirus...

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Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
May 19, 2020  |  Commentary

The pandemic has forced many aspects of everyday life — for consumers, yes, but businesses too — to pause. Get the Full Story Complete the...

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Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
May 18, 2020  |  Disbursements

The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather...

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Amazon Eyes JCPenney Buy
Amazon Eyes JCPenney Buy
May 18, 2020  |  Retail

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney, Fox Business reported Monday (May 19), citing Women’s Wear Daily (WWD). Get the...

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PayPal Brings In ‘Silver Tech’ Segment Amid Pandemic
PayPal Brings In ‘Silver Tech’ Segment Amid Pandemic
May 18, 2020  |  Digital Payments

As individuals throughout the country stay in their residences to avoid spreading the virus and cash is viewed as a germ risk, PayPal is bringing in...

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Safety First As LA Fitness, Other Gyms Plan Reopenings
Safety First As LA Fitness, Other Gyms Plan Reopenings
May 18, 2020  |  Retail

Georgia is the first state rolling out the gym mat to LA Fitness and other exercise facilities that were forced to close in March amid...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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