May 7 : Jack Dorsey-led Block on Thursday reported a jump in first-quarter profit, lifted by resilient consumer spending.Adjusted profit was $513 million, or 85 cents per share, in the three months ended March 31, compared with $355 million, or 56 cents per share, a year earlier.Shares of the Oakland,

May 6 : Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spending in the first three months of the year lifted demand for the financial technology firm's digital banking products.Consumer spending remained resilient in the first quarter as individuals and businesses maintained

(Corrects paragraph 8 to say purchase volume, including outbound instant transfer, increased 15 per cent year-over-year to $40 billion, not 12 per cent to $39 billion)By Pritam Biswas and Arasu Kannagi BasilMay 6 : Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spendi

(Corrects paragraph 8 to say purchase volume, including outbound instant transfer, increased 15 per cent year-over-year to $40 billion, not 12 per cent to $39 billion)By Pritam Biswas and Arasu Kannagi BasilMay 6 : Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spendi