MasterCard Shares Surge on 12% Profit Gain
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
In the first-quarter Duke/CFO Business Outlook Survey, global CFOs caution President Trump about trade policy.
U.S. Economic Growth Slows to 0.7% in Q1
The sluggish GDP report "marks a rough start to the [Trump] administration's high hopes of achieving 3 percent or better growth."
Gearing Up for a Manufacturing Revival
Technology, political will, and a focus on the customer could lead to a rebirth of manufacturing in the United States.
The Gains and Losses of Mercantilism
The administration's trade policies could reap economic gains but sacrifice ethical opportunities.
Former EY Auditor Charged With Insider Trading
Nima Hedayati allegedly made illicit profits for himself and his mother after learning of a client's offer to acquire KLA-Tencor.
Producer Prices Post 2.2% Year-on-Year Gain
Last month's increase in the PPI was the largest since 2012, providing further evidence that inflationary pressures are building in the U.S. economy.
Jobs Report Boosts Case for Interest Rate Hike
“Raising rates [this] week is as close to a certainty as you ever get in this business," an investment strategist says.
The CFOs Who Wouldn’t Be King
Only one in five finance chiefs see themselves moving into the top job. Are they having a crisis of confidence—or being realistic?
GOP Voters Fuel Rise in Consumer Sentiment
The gain "represents the result of an unprecedented partisan divergence, with Democrats expecting recession and Republicans expecting robust growth."