Month: June 2025
Venmo adds debit card perks, checkout options in push to catch rival Cash App
Venmo, long known for helping friends split dinner bills and birthday gifts, is jumping into the heart of consumer commerce. The PayPal-owned platform on Wednesday rolled out several updates designed to move beyond peer-to-peer transfers, transforming Venmo into a more robust fintech tool for everyday spending. The changes include upgraded rewards for Venmo Debit Mastercard […]
Read More
Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more
Check out the companies making headlines in premarket trading. Dollar Tree — The budget retailer slid about 4% after saying earnings per share could decline by as much as 50% in the current quarter, partly due to cost pressures from tariffs. Analysts polled by FactSet expected per-share earnings to fall just 2%. Thor Industries — […]
Read More
Private equity bosses turn bullish on Europe
U.K., abstract of glass and steel built office towers in the London financial district. Shomos Uddin | Moment | Getty Images BERLIN – At the world’s largest gathering of private equity professionals, the buzz around opportunity in Europe is undeniable, in a sharp reversal of sentiment from this time last year. That shift comes amid […]
Read More
Investor appetite for the safe haven Swiss franc is causing problems for its central bank
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images U.S. President Donald Trump’s trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market volatility has been the […]
Read More
The euro zone is ready for a new member: Bulgaria
A worker counts Bulgarian Lev banknotes at a store in Sofia, Bulgaria, on Friday, March 29, 2024. Oliver Bunic/Bloomberg via Getty Images Bulgaria on Wednesday secured the green light to join the euro zone, meaning the bloc could soon grow from 20 to 21 members. The European Commission and European Central Bank both assessed that […]
Read More
Government collapse plunges Netherlands in turmoil ahead of key NATO summit
TOPSHOT – Dutch radical right party PVV leader Geert Wilders (C) addresses the media as he arrives for the weekly coalition talks in the Lower House in The Hague, on June 3, 2025. (Photo by Robin van Lonkhuijsen / ANP / AFP) / Netherlands OUT (Photo by ROBIN VAN LONKHUIJSEN/ANP/AFP via Getty Images) Robin Van […]
Read More
Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
The Apple store on 5th Avenue is seen in New York on April 8, 2025. Timothy A. Clary | Afp | Getty Images Forecasts for Apple and Samsung shipment growth this year were sharply slashed by Counterpoint Research on Wednesday amid uncertainty over U.S. tariff policy. The research outfit said it had revised down its […]
Read More
Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says
Steph Curry’s Gentleman’s Cut bourbon. Courtesy: Gentleman’s Cut Steph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world. Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and […]
Read More
Nissan CEO says short-term focus is to fix the company
Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois. Scott Olson | Getty Images Nissan CEO Ivan Espinosa on Wednesday said the short-term focus is to fix the struggling Japanese automaker, as it seeks to get back on a solid footing. “I think in the short term, the […]
Read More
Trump’s 50% steel tariffs hit the world but UK spared full blow
An employee stands at a blast furnace in North Rhine-Westphalia, Duisburg, Germany. Picture Alliance | Picture Alliance | Getty Images U.S. tariffs entered the spotlight once again in Europe on Wednesday as U.S. President Donald Trump’s 50% levy on steel and aluminum imports to the U.S. came into effect. Announced last week and signed by […]
Read More