Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing …
With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds …
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name …
The stock market has been on a tear over the past month as Wall Street celebrated signs of progress in U.S. tariff negotiations and easing trade tensions with China. Since our last Monthly Meeting on April 16 through Tuesday’s close, the S & P 500 jumped 12.6%, while the tech-heavy …
Credit and debit card issuer Capital One sees a path to make its blockbuster acquisition of Discover Financial even sweeter than investors currently expect it to be. It requires going abroad. At the heart of Capital One’s announced $35 billion all-stock deal for Discover, set to close next month, is …
When you’re looking for your next credit card, you may want to wait until you can take advantage of a valuable welcome bonus. Not every rewards credit card offers a welcome bonus (or a limited-time increased bonus), but for the ones that do, you can earn hundreds of dollars in …
President Donald Trump’s pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day rally last Wednesday. But, the next two sessions were divided — setting the stage for what could be more volatility this week as investors try to keep up with an …
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. If you’re loyal to a hotel chain, such as Marriott, Hilton, Hyatt or IHG, it’s worth considering a co-branded hotel credit card. These cards can grant you instant elite status, credit to help you earn the next …
Every tax season, scammers ramp up efforts to steal taxpayers’ identities, data or refunds. These con artists take advantage of people’s anxiety and confusion about filing their tax returns. In 2024, the IRS received nearly 300,000 reports of identity theft, which the agency estimates led to $5.5 billion in tax …
Chase has expanded its lounge network to eight locations with the opening of a new Chase Sapphire Lounge by The Club at Philadelphia International Airport (PHL). This expansive lounge features everything you need to relax, including a game room, beer garden, private rest pods, showers and curated food and beverages. …