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Finance

UK clamps down on ‘wild west’ of buy now, pay later sector with new rules

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Klarna is synonymous with the "buy now, pay later" trend of making a purchase and deferring payment until the end of the month or paying over int...

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Economy

Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

May 19, 20250

Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, on May 12,...

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Earnings

Klarna doubles losses in first quarter as IPO remains on hold

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Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty Imag...

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Business

Bath & Body Works names recent Nike executive as its new CEO, effective immediately

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Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024.Justin Sullivan | Getty ImagesBath & Body Works has ...

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Finance

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

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U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committe...

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Economy

Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs

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A woman walks in an aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | Afp | Getty ImagesU.S. consumers are bec...

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Earnings

Cartier owner Richemont posts earnings beat as shoppers splurge on jewelry despite luxury slowdown

May 18, 20250

A Cartier de Panthere wristwatch on display at a Cartier luxury goods store, operated by Cie. Financiere Richemont.Bloomberg | Getty ImagesCartie...

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Business

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

May 18, 20250

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesThe Justice Department and Boeing...

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Finance

Long-term care costs can be a ‘huge problem,’ experts say. Here’s why

May 17, 20250

Kate_sept2004 | E+ | Getty ImagesLong-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren't...

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Economy

The low-end consumer is about to feel the pinch as Trump restarts student loan collections

May 17, 20250

Andersen Ross Photography Inc | Digitalvision | Getty ImagesWall Street is warning that the U.S. Department of Education's crack down on student ...

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