American Express

Banking

Visa, Mastercard Agree to Massive Settlement That Limits Swipe Fees

Photo by Energepic via Pexels

The agreement with US-based merchants is expected to reduce the credit card titans’ take by a combined $30 billion through 2030.

2 min read

Photo by Can Pac Swire via CC BY-SA 2.0

Banking

Capital One Plans Purchase of Discover to Build Credit Card Colossus

The mega bank intends to buy the fourth-leading credit card network in the US.

1 min read
(Photo Credit: Serba Sembilan/Unsplash)

Finance

Berkshire Hathaway Has Built a Massive Mountain of Cash

Berkshire Hathaway’s third-quarter earnings report on Saturday revealed how Warren Buffett weathered the past three months.

2 min read
Patent Drop

Visa’s AI spending temptress

8 min read

Banking

Major US Banks Develop Digital Wallet to Compete with PayPal and Apple Pay

(Photo Credit: Stephen Philips/Unsplash)

2 min read

Image Credit: iStock, Massimo Giachetti

Finance

Big Banks May Use Payment Service Zelle to Take on Mastercard and Visa

1 min read
Image Credit: usa.visa.com

Finance

Americans Paid Down Their Credit Cards, Lenders Are Starting to Freak

1 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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