Access to affordable credit helps me pay my employees, but I don't really need it.

Infliction is killing me!

But who cares? Big retailers are making record profits!

That's why we support the Durban Marshall Credit Card Bill!

See? Banks and credit unions help small businesses make payroll.

This bill would cut the vital resources they need.

While increasing megastore profits, they deserve it. Don't they?

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

Paid for by the Electronic Payments Coalition.

Here's your midday brief for Wednesday, May 20th.

I'm Alexis Moore for the Wall Street Journal.

The Wall Street Journal is exclusively reporting that OpenAI is preparing to file for an IPO as soon as this coming Friday.

The artificial intelligence giant recently won a legal battle with former backer Elon Musk, clearing a roadblock towards the IPO.

This is one of several major IPOs expected this year, as Elon Musk's SpaceX prepares for a potential June offering. Target broke out of a year-long sales lump today, reporting that quarterly

comparable sales were up 5.6%. Company executives say that these results are evidence that new strategies to attract shoppers are working,

as it stages a turnaround led by new CEO Michael Fidelke.

But the company says it remains cautious because of uncertainty about how consumers are doing.

And meta-platforms began laying off thousands of employees today, as the company

reorganizes its workforce to offset increasing AI infrastructure spending. Meta plans up to

$145 billion in capital expenditures this year, largely to build out AI data centers. Last month,

meta told its staff that the layoffs would affect

10% of the company, or roughly 8,000 employees. A mammal earlier this week said that 7,000

...