Mastercard Inc
United Airlines is paring back rewards for travelers who don’t have its credit card in MileagePlus overhaul
No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an […]
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The ‘boomcession’: Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock […]
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Figma partners with Anthropic to turn AI-generated code into editable designs
Figma Inc. signage during the company’s initial public offering at the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma is partnering with Anthropic and launching a feature called “Code to Canvas” that converts code generated in artificial intelligence tools like Claude Code into fully editable designs inside […]
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Visa’s Olympics monopoly highlights Europe’s payment headache
Milano Cortina 2026 Winter Olympics – Previews – Cortina d’Ampezzo, Italy – January 26, 2026 General view of the Olympic rings covered in snow ahead of the Milano Cortina 2026 Winter Olympics. Claudia Greco | Reuters Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been […]
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Under the hood of the AI economy with Databricks CEO Ali Ghodsi
Databricks just raised $7 billion in equity and debt at a $134 billion valuation. If your eyes glazed over, I don’t blame you. This is the company’s umpteenth mega-round, and at some point, another private company raising another pile of money stops being news. But here’s why this one matters. As Databricks inches closer to […]
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Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
Key Points Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, American Express and Capitol One fell in response. It’s unclear how the cap would be enforced, and bank industry insiders say it would […]
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Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names […]
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Goldman Sachs says these stocks are too attractive to ignore in 2026
Goldman Sachs named a group of six stocks that it believes are best positioned this year. The Wall Street investment bank said companies such as Coinbase are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include Mastercard, Visa, MongoDB , Dick’s Sporting Goods and Madison Square Garden Entertainment. Madison Square […]
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Payment giants are preparing for a world where AI agents book flights and shop for you
Major payment and tech companies are racing to build the infrastructure for what they see as the next evolution of global commerce: artificial intelligence agents that can perform searches, compare prices, and make purchases on behalf of consumers. The trend is referred to as “agentic commerce,” and reflects consumers’ growing reliance on chatbots for everyday […]
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