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Rising Cost of Living Hurts U.S. Consumer Confidence

U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big-ticket items.

Biden and Powell Meet As Inflation Dogs the Global Economy

President Biden met with Jerome H. Powell as part of an effort to both sell Americans on a brightening view of the economy and reassure consumers that leaders in Washington are hard at work to slow rapidly rising prices.

Millions Risk Losing US Healthcare When COVID Emergency Declaration Expires

An estimated 5.3 million to 14.2 million could lose Medicaid coverage when the public health emergency ends in July.

USAA Loses Round in Mitek Mobile-Banking Patent Fight

USAA previously won over $300 million from Mitek customer Wells Fargo.

Apple Says It Will Raise Pay for Corporate and Retail Employees in Tight Labor Market

Apple will increase the starting wage for its retail employees in the U.S. to $22 an hour.

Canada’s Telecom Oligopoly Is a Hungry Beast That Will Never Be Sated

Two of Canada’s behemoth telecoms are planning a merger.

Slumping Technology Stocks Pull Wall Street Lower

Smaller company stocks also fell. The Russell 2000 dropped 27.94 points, or 1.6%, to 1,764.83.

Spirit Airlines Rejects Revised JetBlue Offer, Clearing Way for Frontier Merger

Frontier Airlines has not publicly commented on the latest developments.

NYSE President Talks Volatility, SEC, IPOs This Year from Davos

Current market represents ‘uncertainty’ from consumers, Lynn Martin says from World Economic Forum.

SiriusXM Buys Conan O’Brien’s Podcast and Media Company

SiriusXM has been trying to become a bigger player in podcasting amid stiff competition from the likes of Spotify.

NorCal Counties Have Millions of Dollars in Unclaimed Money

Casparis said the smallest amount up for grabs is 9 cents, and the largest amount is over $17,500.

Goldman Names Colin Mathews Australia Head of Leveraged Finance

He previously worked for Barclays Plc and UBS Group AG, according to his LinkedIn profile.