Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise.
Visa (V -2.3%) is one of the top five shareholders in payments firm Square (SQ -3.1%), according to a 13G filing posted this evening.
Wall Street rallied on Friday, led by a rebound in beaten-down financial and energy stocks after five straight days of a grueling selloff on fears over the health of the global economy and the banking sector.
Europe is still trying to crawl back to where it was in 2008. That was the subtext of the economic data for the eurozone published on Friday.
To hear JPMorgan Chase JPM +6.61% tell it, the U.S. economy looks pretty good and the bloodbath in the oil market over the last year-plus isn't causing any undue pressure on its balance sheet.