U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
Corpay, Inc. to acquire AvidXchange for $2.2 billion in cash, reflecting a 22% increase over recent stock price and a 16% premium over 90-day average trading price.
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
Mastercard and Corpay expand partnership to offer improved cross-border payment solutions, with Mastercard investing $300 million in Corpay's business.
CFPB announces measures to protect consumers from deceptive credit card practices, including new research and a comparison tool. Companies may face penalties for misleading users and failing to deliver promised rewards.
The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market.
