Category: Economy

British gambling firm William Hill said it has agreed to be bought by American casino giant Caesars Entertainment for roughly $3.7 billion. The two gaming companies made the acquisition official … Read More

Key Takeaways Analysts estimate adjusted EPS of $0.95 vs. $0.56 in Q4 2019. Gross margin is expected to rise YOY. COVID-19 pandemic seen spurring revenue increase due to soaring demand … Read More

The CEO of Neiman Marcus is being blasted for flaunting his wealth in the midst of a bankruptcy that led to job losses and pay cuts for rank-and-file workers, The … Read More

A Wall Street bank just put a price tag on racism in America, and it’s a steep one. New York-based megabank Citigroup found that the US economy has lost out … Read More

Key Takeaways ICIJ releases report detailing two years of money laundering by global banks JPMorgan, Deutsche Bank and others flagged in report Bank shares sink as the fallout begins A … Read More

Post-coronavirus travel will be back ‘sooner than people think’: Travel Association CEO U.S. Travel Association President and CEO Roger Dow on what the coronavirus-hit travel industry is doing to recover. … Read More

Kayleigh McEnany rips Pelosi over stimulus stalemate White House Press Secretary Kayleigh McEnany on President Trump’s town hall in Philadelphia, the state of coronavirus stimulus negotiations and relations in the … Read More

Insurance companies could pay up to $2 billion in claims stemming from riots sparked by the police killing of George Floyd — making them the most expensive in US history, … Read More

Kudlow: Unemployment assistance would be ‘smart’ to help economy National Economic Council Director Larry Kudlow discusses the possibility of additional stimulus, Joe Biden’s plans to raise taxes and how the … Read More

Thousands of Post Office and AA credit cardholders are becoming customers of a little-known Norwegian fintech firm, Jaja Finance, after it bought Bank of Ireland’s credit card business. Following a … Read More