In a strategic move to expand its presence in Latin America, Western Union Co (NYSE: WU) has announced the acquisition of Intermex (NASDAQ: IMXI) for approximately $500 million.
The move comes at a time when U.S. President Donald Trump’s stringent immigration policies have hurt the growth of remittance transactions in North America.
The digital asset landscape is undergoing a profound transformation, with stablecoins emerging as a pivotal force bridging the chasm between traditional finance and the burgeoning world of cryptocurrencies. These digital assets, designed to maintain a stable value by pegging to fiat currencies or commodities, are not merely a niche product
Analysts and investors are closely watching earnings from AbbVie, Uber, and Western Union to gain insights on market trends. AbbVie expected to see breakout on July 31.
