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Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Hello
United-states
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Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Hello
United-states
Business-today
Stock-markets
Steve-lai
Consumer-confidence
S-p-500-have-hit
Reading
Michelle-fleury
Records
Highs
Points

Transcripts For BBCNEWS Business Today 20240925

The Usjustice Department sued americas largest card network, accusing the company of illegally monopolising the Debit Card Market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in Al Darling nvidias stock price. That was after the company said its ceo, jensen huang, was done Selling Stock in the Chip Maker for now. And Chinas Wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that Rate Cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the Usjustice Department has filed a lawsuit against visa. It says the worlds largest Payments Processor illegally stifled competition to maintain a monopoly over the american Debit Card Market, through means like paying off potential competitors. Visa says the claims

Wallet-industry
Steve-lai
Consumer-confidence
S-p-500-have-hit
United-states
Michelle-fleury
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Reading
Latest
Dowjones-industrial-average

PayPal to trim global workforce by 9%

The move encompasses direct reductions and elimination of open roles, with affected employees to receive notifications this week.

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Paypal
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Meta
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