Source: Goldman Sachs Holding Discussions with American Express to Transfer Apple Card (Note: Suggestions may vary, but here’s one way to rephrase the title while retaining the main information.)

Source: Goldman Sachs Holding Discussions with American Express to Transfer Apple Card

(Note: Suggestions may vary, but here’s one way to rephrase the title while retaining the main information.)

Goldman Sachs is currently engaged in discussions to transfer its Apple credit card and high-yield savings account products to American Express, according to a source familiar with the matter. Both Goldman Sachs and Apple declined to comment on the talks. This move comes as part of Goldman Sachs’ broader retreat from its consumer banking initiatives, …

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Prices rose only 0.3% in May, as indicated by Key Fed measure

Prices rose only 0.3% in May, as indicated by Key Fed measure

Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released on Friday. The personal consumption expenditures price index, a closely watched number by the Federal Reserve, increased 0.3% for the month when excluding food and energy. This figure aligns with the Dow Jones estimate. The core PCE …

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Strike at Boeing supplier Spirit Aerosystems ends, labor deal reached

Strike at Boeing supplier Spirit Aerosystems ends, labor deal reached

An unpainted Boeing 737 MAX airplane is seen parked in storage at King County International Airport-Boeing Field in Seattle, Washington, in a captivating aerial view. (Image Credit: Lindsey Wasson | Reuters) Workers at Boeing aircraft parts supplier Spirit Aerosystems have recently ratified a new labor agreement. The approval of this deal paves the way for …

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OXY, WFC, MU, JOBY: Notable Midday Movement in Stocks

OXY, WFC, MU, JOBY: Notable Midday Movement in Stocks

An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Ken James | Bloomberg | Getty Images Discover the latest developments in the stock market. Freyr — Morgan Stanley upgraded battery maker Freyr to overweight from equal weight, causing a surge of 18% in the stock. …

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JOBY, MU, WFC, FREY, and other top ticker symbols in focus

JOBY, MU, WFC, FREY, and other top ticker symbols in focus

A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images Discover the premarket movers: Joby Aviation — Joby’s shares surged 17% in premarket trading. The aviation company …

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