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Finance & Markets

Western Union gets New York nod for Intermax acquisition; still face California hurdles

Western Union has committed to maintain its store locations in New York State and cap fee increases for three years in order to head off opposition to its acquisition of rival Intermax.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Fiscal discipline achieved – can growth be next?

The last fiscal year’s bottom-line numbers are promising. The consolidated deficit was reduced to 2.6 percent of GDP, the lowest since FY04. It is a long way from FY22 and FY23, when the deficit averaged 7.9 percent of GDP and the country was on the verge of default.

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