Visa Warns It Will Be Challenged ‘for a Number of Quarters’

(Bloomberg) — Visa Inc. Chief Executive Officer Al Kelly warned the firm will be challenged “for a number of quarters” even as declines in spending on its network began to moderate in April.

As the U.S. government began sending out stimulus payments to millions of consumers this month, Visa saw an increase in spending on home improvement, automotive and some areas of health care. Still, spending on the firm’s cards in the U.S. has dropped 19% in April compared with the same period a year earlier, according to Chief Financial Officer Vasant Prabhu.

To offset the slowdown in spending on its cards, Visa said expenses in the second half of the year would be flat compared with the same period a year ago. The company, which has vowed it won’t make any virus-related layoffs this year, said costs rose 4% to $1.93 billion in the first three months of the

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If Chore Equity Is The Goal, Then We Can’t Micromanage Our Spouse (AKA Stop Micromanaging Your Spouse Already)

Let me just start by saying that there is a right and a less-right way to do the laundry. As long as the clothes are clean, there can’t really be a “wrong” way, right? But there is most definitely a less-right way, and it all comes down to folding.

I fold the laundry the right way. My husband folds laundry the less-right way. But you know what? Whenever he does the laundry, I am learning to zip it about the less-right way because you know what’s worse than laundry that is folded the less-right way? Laundry that you have to do yourself.

The other week, my husband returned from his weekly grocery shopping (or bi-monthly, now that we’re in quarantine and the grocery store feels like it’s teeming with germs) and I may have greeted him with some sighs and more than a few “recommendations” about how

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13 Industries Hiring More Now Than Ever Before

The Labor Department announced that the week ending April 11 saw an astonishing 5.25 million new jobless claims. In just four weeks, virtually all of the job creation since the Great Recession has been wiped out, and there have been 22 million new unemployment claims over the last month. That means the coronavirus pandemic has already more than doubled the job losses of the financial crisis.

While some people are capable of working from home, or have the savings that will allow them to wait out the worst of the crisis, many don’t have the financial resources to go without a paycheck. Others don’t have any reason to think they’ll be working again in the near future.

However, while many industries have been dealt a crushing blow, a handful of lucky ones are actually experiencing an explosion in demand. These businesses are working hard to hire thousands of new people

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Your Horoscope This Week

All is not as it seems on Sunday, as superficial Venus forms a square against dreamy Neptune. It can be tempting to throw a pity party as these planets clash. Instead, focus on how you can lift yourself and others up during this transit. We’re called to become more adaptable on Monday, when the Sun creates a conjunction with messenger Mercury. It’s easier for us to communicate our thoughts to others, and to understand the bigger picture. Nurture your intuition and allow yourself to pay closer attention to your artistic inclinations on Thursday, when intellectual Mercury forms a sextile with psychic Neptune. This transit gives us a beautiful opportunity to connect with our inner selves and express our creative sides. Our optimistic spirit swells on Thursday at 6:45 a.m. EST, when the Moon waxes full in determined Scorpio. This transit is complemented by Mercury’s sextile with Neptune, helping

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