China’s PMI rises to a 13-month high. (Reuters)
BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters)
New York state pension funds vote against five Walmart (NYSE: WMT) directors. (Reuters)
Microsoft (NASDAQ: MSFT) takes a position in the Barnes & Noble (NYSE: BKS) e-reader operation. (Reuters)
Two top Federal Reserve officials say there will be no more easing by the central bank. (Reuters)
A shareholder sues Google (NASDAQ: GOOG) to stop a stock split that would favor management control. (Reuters)
Bank of America (NYSE: BAC) will cut a large number of investment and commercial bankers. (WSJ)
Sales of cars in Japan jumps in April. (WSJ)
Economies of scale, still enjoyed because of Nokia’s (NYSE: NOK) size, may help turn around the company. (WSJ)
Home ownership falls to a 15-year low. (WSJ)
A large number of management departures hurts the ability of Freddie Mac and Fannie Mae to recover. (WSJ)
St. Jude Medical (NYSE: STJ) continues to wrestle with problems with one of its heart devices. (WSJ)
Coca-Cola (NYSE: KO) may buy Monster Beverage (NASDAQ: MNST), an energy drink company. (WSJ)
General Electric (NYSE: GE) sales in Australia rivals its Chinese revenue. (WSJ)
Caterpillar (NYSE: CAT) may face a large strike. (WSJ)
Delta Air (NYSE: DAL) finally decides to buy a northwest refiner. (WSJ)
Banks sharply increase loans to companies with junk-bond ratings. (WSJ)
The S&P 500 posts its first monthly loss since November. (NYT)
Germany continues to insist that austerity is the best means to improve the finances of troubled EU nations. (FT)
Groupon (NASDAQ: GRPN) will add two financial experts to its board. (FT)
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.