Payments Industry
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Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
May 17 is your last chance to claim your 2020 tax refund — the median payment is $932, IRS says
There is no late filing penalty if you're owed a tax refund. Roughly 940,000 taxpayers could surrender their 2020 refund payment if they don't file by May 17.CNBC - Business -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Nuclear industry brings back ‘silver tsunami’ of retirees
Older workers in demand as western companies prepare for biggest wave of new projects in decadesFinancial Times - World -
Goldman Sachs, Microsoft Power Dow Industrials to 40000
A broad rally across sectors leads the blue-chip stock index to new highs.The Wall Street Journal - World - Microsoft -
Cuba laments collapse of iconic sugar industry
For centuries, sugar was the mainstay of Cuba's economy. Now the industry is in rapid decline.BBC News - Top stories -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
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The furniture industry’s recovery relies on customers getting used to paying more
Here’s what the furniture industry is counting on to power its upswing.MarketWatch - Business -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China