The USA has sued Walmart and the CNI Xiangmi Lake Fintech Index company for allegedly opening illegal accounts for delivery drivers.

On December 24th, Gelonghui reported that the USA Consumer Financial Protection Bureau (CFPB) announced on Monday that Walmart and its fintech partner Branch Messenger are suspected of opening expensive bank accounts for delivery drivers without their consent, resulting in losses of over 10 million dollars in fees. The lawsuit states that Walmart has informed drivers in its Spark Driver program that they will be fired unless they are paid through designated branch accounts.

Gelonghui Finance10:48

Guo Jiayao: Trading in Hong Kong stocks is quiet before the long holiday. Meituan (03690.HK) has reached a cooperation with Walmart China.

U.S. STOCKS ROSE AGAIN ON MONDAY (23RD), THE LATEST U.S. CONSUMER CONFIDENCE INDEX FELL SHORT OF EXPECTATIONS, AND THE MARKETS REBOUNDED WELL, WITH ALL THREE INDICES RECORDING MODEST GAINS, ACCORDING TO GUO KAIYAO, DIRECTOR OF BUSINESS DEVELOPMENT AT THE HONG KONG FAMILY OFFICE. The dollar continued to be strong, with the US 10-year debt rising to 4.58pc, gold prices were under pressure and oil prices were little changed. Hong Kong stocks are broadly stable, with markets expected to open modestly higher early. Mainland equities slipped yesterday, with the Shanghai Composite Index falling 0.5 per cent, while stocks on both markets rose. Hong Kong stocks performed well, the major markets moved higher, nearing the 2,000-point mark, and the market rose slightly

AASTOCKS09:48

Equities Close Higher as Investors Weigh Macro Data

MT Newswires05:51

Walmart Options Spot-On: On December 23rd, 197.57K Contracts Were Traded, With 2 Million Open Interest

On December 23rd ET, $Walmart(WMT.US)$ had active options trading, with a total trading volume of 197.57K options for the day, of which put options accounted for 39.75% of the total transactions,

Futu News05:30

Sector Update: Consumer Stocks Mixed in Late Afternoon Trading

MT Newswires04:54

Sector Update: Consumer

MT Newswires04:28