Top Fed Official Says Continued High Inflation Would Be Problematic for Central Bank: WSJ

Reuters

UPDATE 2-PayPal profit beats estimates, U.S. Venmo users can pay on Amazon from next year

PayPal Holdings Inc beat Wall Street estimates for quarterly profit and said U.S. users of its peer-to-peer payment service Venmo would be able to pay on Amamzon.com starting next year. The San Jose, California-based digital payments company’s net income rose to $1.09 billion, or 92 cents per share, in the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a year earlier. On an adjusted basis, PayPal earned $1.11 per share, above analysts’ average estimate of $1.07, according to IBES data from Refinitiv.

Source: https://finance.yahoo.com/m/cef97049-259f-3353-b9ad-8a3a6b0e470c/top-fed-official-says.html