The transaction sets a new record for the Chicago area, eclipsing the $31.25 million sale in August of retired investment banker Muneer Satters lakefront mansion.
October witnessed a remarkable 19.6% rise in credit card expenditures in India, thanks to the surge in online shopping activities and festive buying sprees. Conversely, the influx of new credit card sign-ups has significantly tapered off.
Visa Inc. and Mastercard Inc. this month took yet another swing at a deal that seeks to end a battle with thousands of retailers and reshape the fees underpinning the credit-card industry in the process.