VIDEO: Fed Upholds 21-Cent Cap On Debit Transaction Fees
A federal appeals court ruled in favor of a Federal Reserve rule placing a 21-cent cap on swipe fees for debit card transactions.
A federal appeals court ruled in favor of a Federal Reserve rule placing a 21-cent cap on swipe fees for debit card transactions.
Gold miners have been a dull investment for years, but with gold prices rising and miner recalibrating their strategies, mining stocks are looking up. Heard on the Street’s Liam Denning joins MoneyBeat.
Tiffany reported strong sales in a weak retail environment, but its outlook lacked the sparkle that investors were looking for. Fred Katayama reports.
Asia’s top economies will keep investors on edge in the week ahead with an early reading of manufacturing activity in China and a report card on Abenomics from Japan. Sareena Dayaram reports.
Investors have cheered previously troubled Li & Fung’s plans to spin off its global brands business. Breakingviews’ Peter Thal Larsen looks at the strategy’s potential.
March 20 (Bloomberg) –- Stutland Volatility Group Options Trader Joe Tigay discusses volatility and big moves in the market with Julie Hyman on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Summary: Stocks rebound as economic data improve without help from housing; 29 of 30 U.S. banks pass Fed’s annual stress exam; Nike easily races past estimates; Investors continue love affair with mobile messaging start ups like Tango. Conway G. Gittens reports.
With 2014 deemed a ‘make or break’ year for Deutsche, Germany’s largest banks says it’s on track to meet targets despite a slow start. And Credit Agricole pledges a 50% dividend payout ratiio as it aims for a huge increase in net profits. David Pollard reports.
The latest UK budget ushers in pension reforms which will potentially free up billions of pounds for investment. Joanna Partridge looks at what impact it will have on the pensions industry – and where the cash might go.
Merrill Lynch’s Peter Rohr explains how he uses ETFs to efficiently AND EFFECTIVELY MANAGE an asset allocation plan.
March 20 (Bloomberg) — Scarlet Fu reports on today’s top news headlines on Bloomberg Television’s “Bloomberg Surveillance.” (Source: Bloomberg)
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