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38 articles, grouped into stories

Visa Mastercard Antitrust Suit Targets Card Giants Over Billions in Merchant FeesA San Diego pizza restaurant has taken aim at two of the world’s biggest payment networks, accusing Visa and Mastercard of continuing to squeeze merchants with excessive “swipe fees” despite billions of dollars already paid to resolve earlier antitrust litigation. The Pizza Standard filed a proposed class action Thursday in federal court in New York,…
More Amazon Prime customers may qualify for FTC settlement refundsAfter doling out more than $845 million to former Amazon Prime customers, Amazon is expanding the qualifications needed for refunds stemming from its settlement with the Federal Trade Commission. Three days into a trial last year, Amazon and the regulatory agency reached a settlement in which the e-commerce giant agreed to pay $2.5 billion to settle…
US futures climb ahead of Fed interest rate call and the latest retail sales numbersU.S. futures are rising as investors await the Federal Reserve’s decision on interest rates, with high expectations of a hike. The potential hike will be the first in three years as inflation remains elevated in the United States and above the Fed’s target. Futures for the S&P 500 gained 0.2% on Wednesday, while those for the Dow Jones Industrial Average…
Tylenol Maker and Pharmacy Chains Ask Appeals Court to Reconsider Autism and ADHD Lawsuit RulingBy Samuel López | USA Herald Tylenol maker Kenvue and some of America’s largest pharmacy and retail chains are asking a federal appeals court to reconsider a decision that breathed new life into roughly 550 lawsuits alleging prenatal exposure to acetaminophen contributed to autism spectrum disorder or attention-deficit/hyperactivity disorder in children.…
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…