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The Latest Breaking News from Mastercard

Stock Market Today: Stocks Swing Lower as Oil Prices Retreat

A bad-news-is-good-news jobs report sent the main indexes higher at the open, but they didn't stay there for long.

Kiplinger

Chase Bank could replace Goldman Sachs as Apple Card partner, says report

Apple is likely to partner up with Chase Bank for the Apple Card after ending its partnership with Goldman Sachs.

iMore

How much credit card debt does the average American hold in 2023?

Credit card debt statistics show that overall debt is rapidly increasing in the United States, rising by more than $45 billion in 2023.

Fortune

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Mastercard Is Still Worth 35% More Based on Its Massive Free Cash Flow

Mastercard has made over $7 billion in free cash flow so far this year, representing 38% of revenue. Using analysts' 2024 sales forecasts MA stock could be worth 35% more based on its FCF.

Barchart

Mastercard Gets Go-Ahead to Get Into China’s Trillion-Dollar Bank Card Clearing Business

The approval makes a Chinese joint venture of the U.S. credit card processing giant the second foreign-funded company to be granted such a clearing license in the country

Caixin Global

Wonks, waiters and waffle: welcome to the tech-crazy world of modern cricket

The Cricket Matters conference in Mumbai was a disorientating insight into those who decide how sport is sliced and streamed

The Guardian - UK

Fifth Third 1.67% Cash/Back Card: One of the simplest cash back credit cards with an above-average return

Not only does the Fifth Third 1.67% Cash/Back Card earn easy-to-use cash back at an abnormally high rate, but its redemption options are equally straightforward.

Fortune

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Are Ohio's Legalization Efforts in Trouble? This Week in Cannabis Investing

Ohio became the 24th state to legalize recreational weed, but GOP lawmakers are already pushing back.

Kiplinger

Fifth Third 1% Cash/Back Card: The absolute best 0% intro APR offered by a rewards credit card

The ability to avoid interest for a whopping 21 months on both purchases and balance transfers is extremely rare—and virtually unheard of for a rewards credit card.

Fortune

Mastercard's Free Cash Flow Excites Investors as it Finance Huge Buybacks

Mastercard reported excellent results for Q3 along with massive adjusted free cash flow. This is financing its splurge on stock buybacks that will help push MA stock even higher.

Barchart

Instacard Mastercard review: Lucrative rewards that go beyond groceries

New cardholders also get a free year of Instacart+ and a $100 statement credit.

Fortune

Earnings, Geopolitics and Other Key Items to Watch This Week

Last week was a wild ride, to say the least. Tesla (TSLA) reported earnings and the market did not like what it had to say, as it proceeded to sell off and close the week down over 15%.

Barchart

NatWest initiative could save hassle for some shoppers at online checkouts

Customers with a NatWest, Royal Bank of Scotland or Ulster Bank Mastercard have been registered for the Click to Pay service.

The Independent UK

Employers can't tell if some benefits actually improve the bottom-line

As employee benefits costs rise, employers struggle to gauge if they're delivering a return on investment.

Fortune

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Barchart

This Warren Buffett Stock Is a Deep Value Buy After Its Latest Slide

American Express stock is getting too cheap following its overblown pullback off 52-week highs.

The Hindu

Cricket world cup ticketing trouble

Cricket fans scramble for tickets to India-Pakistan match at Ahmedabad's Narendra Modi Stadium, world's largest cricket stadium. Despite booking hotels and taxis, fans unable to book tickets online. BCCI's centralized ticketing system and corporate boxes leave limited tickets for fans. Venkatesh Prasad urges BCCI to streamline ticketing process. BookMyShow statement…

WEKU

Why many business owners would love it if you stopped using your credit card

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

Fortune

Barbara Corcoran doesn't aspire to be good at everything, in fact it's the opposite

Barbara Corcoran told a Bank of America and Mastercard event why she isn't scared to fail and doesn't want to be good at everything.

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news in one place.

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Fortune

Want a simple way to earn cash back every day? The Citi Double Cash Card is tough to beat.

The Citi Double Cash Card is tough to beat, with no annual fee and 2% cash back on every purchase.

Roll Call

Combo appropriations package hits the skids in Senate - Roll Call

Senators have reservations about trying to tack two more spending bills onto the House-passed Military Construction-VA bill.

The Guardian - UK

New NatWest boss worked for oil firm under investigation in ‘world’s biggest financial scandal’

Exclusive: Rick Haythornthwaite was paid £200,000 a year by Saudi company, PetroSaudi, involved in 1MDB scandal

Evening Standard

Rugby World Cup will inspire more people take up sport, says new report

The Rugby World Cup is set to fuel a big rise in people taking up the sport, according to a new report.

The Guardian - UK

NatWest plays it safe with new chairman Rick Haythornthwaite

Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco

Fortune

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

Is Redneck Bank a joke? Don't let the funny name fool you.

Don’t be fooled. This bank’s competitive rates are no joke.

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