Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from...
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Editor's Pick
Plummeting stock, boycotts and flagging sales: What’s fueling turmoil for Tesla?
Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla. Shares in...
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Art created autonomously by AI can’t be copyrighted, federal appeals court rules
A federal appeals court ruled that art created autonomously by artificial intelligence cannot be copyrighted, saying that at least initial human authorship...
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Darden Restaurants sales disappoint as Olive Garden, LongHorn Steakhouse miss expectations
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. Shares of the company were...
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How new professional sports leagues like SailGP are putting women at the fore
As women’s sports surge in popularity, professional leagues are increasingly touting the value of female athletes. New professional leagues like...
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Weekly mortgage demand drops to three-month low as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact...
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Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot...
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Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
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