finance – Page 8 – One America News Network

Report: Capital One To Acquire Discover Financial Services

Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid

Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Generative AI’s wild 2023

ChatGPT was well on its way to becoming a household name even before 2023 kicked off.

NEW YORK - OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 in New York City. Despite a government debt buyout plan, the Dow continued to fall today, closing more than 500 points down. (Photo by Mario Tama/Getty Images)

U.S. Economist Predicts That 2024 Will Prompt ‘Biggest Crash Of Our Lifetime’

American economist Harry Dent made an unfortunate prediction about the markets in the new year, claiming that 2024 will bring forth the “biggest crash of our lifetime.”