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The Latest Breaking News from Visa

Credit Cards 'Pause' Efforts To Track Gun Purchases After Pushback

It’s a win for self-defense rights in ongoing campaigns to conscript businesses for political causes.

Reason

Visa, Mastercard pause work on code aimed at tracking gun purchases

Visa Inc. and Mastercard Inc. have decided to pause implementing a plan that activists had hoped would track firearm sales and help curb gun violence.

Tribune News Service

Visa pauses decision to track purchases at gun shops

Visa is pausing their decision to start categorizing purchases at gun shops, a significant win for conservative groups and Second Amendment advocates who felt that tracking gun shop purchases would inadvertently discriminate against legal firearms purchases

The Independent UK

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Pacific visa won't rob nations of skills: minister

A green card-style lottery won't drain Pacific nations of their skilled workers, the Albanese government says as criticism mounts.

AAP

Scots family ordered to leave Australia after visa sponsor goes bust told they can stay

Mark Green, his wife Kelly and their daughter Rebecca, moved from Prestwick, Ayrshire, to Oz in 2012.

Daily Record

1 High-Quality Stock to Buy Now for the Long Term

Payments technology giant Visa (V) reported better-than-expected revenue and earnings in the first quarter of fiscal 2023. Furthermore, analysts are bullish about the company’s long-term prospects, driven by the growing use of digital payments and a surge in e-commerce worldwide. Hence, investors could consider buying and holding this high-quality stock…

StockNews.com

He put $40,000 on credit cards to make his first film. Now 'Hollywood Shuffle' is a classic

LOS ANGELES — Robert Townsend has never stopped moving. For a recent Zoom interview, he is on his phone from his (parked) car so he can go for one of his regular walks around a local L.A. lake once he's finished.

Los Angeles Times

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If You Can Only Buy 1 Stock in 2023, This Should Be It

Payments major Visa (V) beat Wall Street revenue and earnings estimates in the first quarter. The company stands to benefit from the growing adoption of digital transactions globally. Therefore, it could be wise to buy the stock now. Keep reading….

StockNews.com

Portal Labs raises $5.3 million seed round

Raj Parakh is now cofounder and CEO of Portal Labs.

Fortune

Giorgos Giakoumakis in post Celtic frustration as red tape rules him OUT of Atlanta debut in MLS opener

Giakoumakis is being made to wait for his MLS debut due to issues with his Visa.

Daily Record

Ajay Banga’s World Bank appointment shows that financial CEOs aren’t toxic anymore

The nomination of the former Mastercard CEO shows how Wall Street has lost its status as America’s biggest corporate villain.

Fortune

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

1 Stock to Buy Now Before It Surges

Payments technology major Visa (V) reported stable growth in payments volume and processed transactions in the first quarter. As the global economy moves toward a cashless future, V is expected to benefit significantly. Therefore, buying the stock could be wise before it surges. Read more….

StockNews.com

3 Stocks to Keep in Your Portfolio for the Next 25 Years

Still-elevated inflation and a robust job market will likely keep the Federal Reserve officials on track to raise interest rates in the upcoming months. Amid ongoing market uncertainties, investors could consider adding fundamentally sound stocks, Visa (V), Cigna Corp. (CI), and Molina Healthcare (MOH), to their portfolios for long-term returns.…

StockNews.com

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3 Large-Cap Stocks to Buy for the Perfect Portfolio in 2023

While the easing inflation and strong labor market have been boosting consumer confidence, uncertainties remain. Moreover, the Fed’s interest rate hikes might continue longer than many think. Therefore, fundamentally sound large-cap stocks, Visa (V), Eli Lilly (LLY), and Merck & Co (MRK), could be ideal buys to navigate the economic…

StockNews.com

2 Stocks to Buy as Inflation Fears Fade

Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong…

Fortune

Fintech Moov just raised $45 million in a ‘very difficult’ environment. Here’s how

Moov Financial spent three months raising its latest round that saw Visa investing for the first time.

Chronicle Live

Martin Lewis' MSE explains how Flybe passengers can claim refund for cancelled flights

Passengers who had travel booked with the flight provider are being urged not to go to their departing airport unless they have an alternative means of transport booked.

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Investors Business Daily

Dow Jones Reverses After Inflation Data; Intel Plunges 10% On Earnings

The Dow Jones Industrial Average reversed higher Friday after key inflation data. Intel stock plunged over 10% on an earnings miss.

Al Jazeera

Nigeria launches domestic card scheme to boost cashless economy

The move is part of the central bank’s moves to reduce cash flow within the borders of Africa’s biggest economy.

The Street

Visa Follows Mastercard With Earnings Beat Amid Travel Spending Boom

"A continued recovery of cross-border travel," helped Visa post better-than-expected first quarter earnings.

The Street

Stocks Edge Lower, Intel, Chevron, Visa, Bed Bath & Beyond In Focus - Five Things To Know

Stocks futures slip lower with earnings, inflation in focus; Intel tumbles after surprise Q4 loss, grim chip sector outlook; Chevron earnings up next after $75 billion buyback reveal; Visa shares higher after solid Q4 powered by travel spend and Bed Bath & Beyond nears bankruptcy as JPMorgan calls in loan.

Investors Business Daily

Dow Jones Futures: Market Rally Faces Big Test With Inflation Data Due; Intel Plunges

Tesla led Thursday's rally, but gains were broad-based ahead of a key inflation report. Intel plunged on weak earnings and guidance.

AFP

Markets rise on better-than-expected US growth

New York (AFP) - Stock markets rose Thursday as US data showed the world's biggest economy finished the year on a stronger note than anticipated.

Investors Business Daily

Dow Jones Reverses Lower After GDP, Jobless Claims; Tesla Surges On Earnings, Musk Comments

The Dow Jones reversed lower after GDP and first-time jobless claims. Tesla stock surged on earnings and CEO Elon Musk's upbeat comments.

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