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U.S. markets news

Macy's Black Friday Sales Hurt by Credit Card Processing Problem
Macy's was hit by a massive slow down of its credit card and gift card processing on Black Friday, a setback that could hamper its sales significantly, and possibly lose the department store chain massive amounts of money at the start of the holiday ...
Macy's customers report delays with credit card transactions  Los Angeles Times
Macy's CEO Sees Strong Start to Holidays, Helped by Coat Sales  Bloomberg
Sacramento Bee  
Rival appointments set up showdown to lead agency
President Trump on Friday announced that he is appointing Office of Management and Budget Director Mick Mulvaney · John (Mick) Michael MulvaneyCordray's legacy of consumer protection worth defending Mulvaney: Pass-through entities need to be ...
Trump names Mulvaney as acting CFPB chief as Richard Cordray departs  Los Angeles Times
Trump Names His Budget Chief As Interim Head Of Consumer Protection Agency  NPR
Jeff Bezos Is Now Worth $100 Billion Thanks to Black Friday
Amazon's Jeff Bezos is now worth $100 billion, further securing his title of the world's richest man. According to Bloomberg, he's the first to reach the $100 billion milestone since Bill Gates did in 1999.
Jeff Bezos's Net Worth Just Broke $100 Billion  Bloomberg
Jeff Bezos is now worth more than $100 billion, fueled by surging Amazon shares  Washington Post
Black Friday 2017: Seeking New TVs to Watch, and Sneakers to Resell
The unofficial start of the holiday shopping season was this week, when many national retailers opened their doors and offered major sales.
With Expectations Low, Retailers Declare Victory on Black Friday  Bloomberg
Retailers have high hopes for holiday sales despite threat of online shopping  CBS News
New ProShares ETF makes money when retail stocks get hit
ProShares launched the Decline of the Retail Store ETF (EMTY), which rises when the 56 stocks in the index it tracks decline. Nearly 40 of the companies in the index are down for the year and 25 are down at least 20 percent.
Weekly Edge: A Holiday Review  Seeking Alpha
Even in the Amazon era, Black Friday shows stores are alive  The Republic
Telecom Stock Roundup: FCC Plans to Scrap Net Neutrality, DOJ Sues AT&T-Time ...
There were a couple of notable developments in the telecom space last week. Recently, Ajit Pai, the Commissioner of Federal Communications Commission (FCC), revealed a draft plan for a complete roll back of Net Neutrality.
The dangers of ending net neutrality  Washington Post
Protest the Death of Net Neutrality: Shop on Black Friday, but Not Cyber Monday
McDonald's Pokes Fun at Itself After Twitter Fail: 'Nothing Comes Before Coffee'
McDonald's left Twitter followers confused after posting what appeared to be an incomplete draft of a Black Friday tweet, but they made up for the blunder with an epic comeback.
Did McDonald's stage their Black Friday Twitter slip-up or are they just ...  Sacramento Bee
Wendy's slams McDonald's for its bizarre late-night Black Friday tweet  Business Insider
CBS blackout ends for 4 million Dish Network customers following Thanksgiving ...
CBS Corp. and Dish Network resolved their contentious carriage fee dispute by agreeing to a new distribution deal, restoring CBS station signals to millions of Dish customers across the country who went without CBS football on Thanksgiving.
CBS and Dish Reach Carriage Agreement  Deadline
CBS, Dish end blackout for customers after reaching fee deal  Chicago Tribune
'Happily gentrifying since 2014': Denver coffee shop sign sparks fury
Five Points ink! store jokes about transformation of area home to artists and people of color, leading to social media outrage and anger on the sidewalk.
Denver Coffee Shop's 'Gentrifying' Sign Sparks Fury, Prompts ...  International Business Times
Denver coffee shop tagged 'white coffee' after sign controversy  Colorado Springs Gazette
The Tesla Semi will start at $150000 and a longer-range version will sell for ...
The electric-car company is also selling a "founder series" version for $200,000 - the cost of which is due in full, up front.
Tesla: Truck Implications  Seeking Alpha
Tesla Semi Preorders Price From $150000, Founder Series Rings In At $200000  Hot Hardware