Square began in 2010 after the invention of a small credit card reader that plugged into iPhones. Nearly 10 years later, the company has grown into a $26 billion fintech behemoth with a diverse line of checkout hardware products. The company also provides a wide range of software products for sellers that helps simplify everything
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Stephen Moore Andrew Harrer | Bloomberg | Getty Images President Donald Trump is an “exaggerator” who knew his policies wouldn’t generate the 5% growth he had promised while campaigning, according to Stephen Moore, who served as a campaign advisor for Trump and was a prospective Fed nominee. In an interview with The Intercept columnist Mehdi
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Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a Town Hall at Keene State College on September 25, 2019 in Keene, New Hampshire. Scott Eisen | Getty Images Presidential candidate Sen. Elizabeth Warren introduced on Wednesday an environmental justice plan to defend low-income and minority communities against pollution, contamination and extreme weather events that
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Getty Images Investors, business owners and consumers should be heeding the message that the inverted yield curve is sending, according to the researcher who pioneered the economic forecasting model. Duke University professor Campbell Harvey said people shouldn’t wait for the economic downturn he anticipates before taking preventive measures. “This is the time where you need
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Chinese President Xi Jinping delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 7, 2019. Maxim Shemetov | Reuters Chinese Ministry of Commerce said Tuesday it “strongly urges” the U.S. to stay clear from the country’s domestic issue, after the White House blacklisted a slew of Chinese companies
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Richard Allison, CEO of Domino’s Pizza, speaks at CNBC’s Evolve conference in Chicago on Sept. 24, 2019. Jeff Schear | CNBC Domino’s Pizza on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations. Shares of the company fell nearly 4% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting,
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An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images An ongoing spat between the NBA and China could end up hurting Nike, which has ties to both the basketball organization and the region. Greater China,
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An American Airlines Boeing 737-800 plane takes off from Los Angeles International airport. Mike Blake | Reuters Check out the companies making headlines after the bell: Shares of American Airlines dipped 1.65% during extended trading after authorities in Miami forcibly removed a man on a flight to Newark, New Jersey earlier Monday. The man reportedly
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China’s largest online shopping sites owned by giants Alibaba and JD.com appear to have removed items related to the Houston Rockets after the NBA team’s general manager tweeted support for the Hong Kong anti-government protestors which drew strong criticism in the world’s second-largest economy. Searches in Chinese for “Houston Rockets” and “Rockets” on Alibaba-owned Taobao
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Google CEO Sundar Pichai testifies before U.S. House of Representatives Judiciary Committee during a hearing “Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices” on Capitol Hill in Washington D.C., the United States, on Dec. 11, 2018. Liu Jie | Xinhua News Agency | Getty Images FANG became FANG out of
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[embedded content] [This stream is scheduled to begin Friday at 2 p.m. ET] Federal Reserve Chairman Jerome Powell is set to speak Friday at a “Fed Listens” event organized by the central bank in Washington. The event is part of a monetary policy communication review by the Fed. Powell’s remarks will come after the release
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