An employee demonstrates the Wirecard AG online payment smartphone application on Thursday, June 13, 2019 at the company’s exhibition stand at the Noah Technol Conference G Conference in Berlin, Germany. Christian Boxy | Bloomberg by Getty Images The UK unit of the notorious German payment company Wirecard, Wirecard Card Solutions, …
Read More »Mastercard achieves a cryptocurrency card deal with British startup Wirex
Mastercard credit cards Roberto Machado Noa / LightRocket via Getty Images Mastercard has expanded its cryptocurrency program to make it easier for companies in the space to issue their own payment cards. The company has signed an agreement with Wirex that makes the London-based startup the first “native” cryptocurrency platform …
Read More »The Fed is buying some of the biggest companies’ bonds, raising questions as to why
A woman passes by the United States Federal Reserve Building in Washington DC on May 21, 2020. Ting Shen | Xinhua News Agency | fake pictures As the Federal Reserve deepens its purchases of corporate debt, it faces more questions about the consequences of its unprecedented market interventions. Disclosures released …
Read More »Dow futures jump after nearly 400 loss points overnight
BY THE NUMBERS Dow futures pointed to a gain of more than 350 points in Tuesday’s opening after White House trade adviser Peter Navarro clarified that the trade deal between the United States and China has not ended. Navarro, a Chinese hawk, claimed his comment on Fox News on Monday …
Read More »Starbucks, Salesforce.com, Intuit, Peloton and more
Take a look at some of the most important engines on the previous market: IHS Markit (INFO): The provider of financial information and analysis reported quarterly earnings of 69 cents a share, 2 cents a share above estimates. Revenue was slightly below expectations as organic revenue fell 7%. The company …
Read More »