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Walmart-backed fintech OnePay is adding wireless plans to its everything app

Walmart-backed fintech OnePay is adding wireless plans to its everything app

Business News

Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Courtesy of OnePay OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has learned. OnePay […]

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Holiday spending, especially by Gen Z, is expected to drop this year, survey says

Holiday spending, especially by Gen Z, is expected to drop this year, survey says

Business News

Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.  Allen J. Schaben | Los Angeles Times | Getty Images Holiday shoppers expect to trim the tree and their spending this upcoming season, according to a survey by consulting firm PwC. Across generations, consumers said

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Airplane leasing world shrinks with .4 billion takeover of Air Lease

Airplane leasing world shrinks with $7.4 billion takeover of Air Lease

Business News

An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Lease, founded by industry mogul Steven Udvar-Házy, agreed to sell itself in deal that would take it private to a group of investors for $7.4 billion,

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Crypto.com and Underdog partner to offer sports prediction markets

Crypto.com and Underdog partner to offer sports prediction markets

Business News

Fantasy and sports gaming operator Underdog is partnering with Crypto.com to offer sports prediction markets in 16 states, mostly focused on where legal sports betting has not been adopted, the companies told CNBC on Tuesday. “Prediction markets are one of the most exciting developments we’ve seen in a long time, ” Underdog founder and CEO

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Manhattan office leasing on track to hit highest volume since 2019

Manhattan office leasing on track to hit highest volume since 2019

Business News

Alexander Spatari | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions,

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McDonald’s to expand value menu with discounted combo meals

McDonald’s to expand value menu with discounted combo meals

Business News

McDonald’s Meal Deal photographed in Washington, D.C., on Aug. 26, 2024. Scott Suchman | The Washington Post | Getty Images McDonald’s on Tuesday announced that it is expanding its value offerings in a bid to reach price-conscious diners. Starting Monday, the fast-food giant is bringing back its Extra Value Meals, which were last promoted before

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Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales

Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales

Finance News

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Hong Kong-listed shares of Alibaba Group Holdings surged as much as 18.84% Monday, thanks to its better-than-expected bottom line in the June quarter, fueled by accelerated sales at its cloud-computing unit and a continued revival

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Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

Business News

The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump.  For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now,

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