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US exchanges post best weekly performance of 2024

ISTANBUL: Major stock exchanges in the US closed Friday with gains, posting their best weekly performance so far this year.

The Dow Jones increased 96 points, or 0.24%, to finish the session at 40,659. The blue-chip index rose 2.9% this week.

The S …

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Mastercard planning to lower global workforce by 3%

ISTANBUL: Mastercard is planning to lower its global workforce by 3%, according to media reports Friday.

The US-based multinational payment card services company had around 33,400 employees worldwide by the end of 2023, according to its latest annual…

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