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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

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Klarna doubles losses in first quarter as IPO remains on hold

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Business

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

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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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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

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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

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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

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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

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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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