Interest Rates

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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Affirm Says High Interest Rates Drive Demand for BNPL
Affirm Says High Interest Rates Drive Demand for BNPL
November 14, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) company Affirm expects an increase in demand for its short-term consumer loans if interest rates remain high for an extended period. Get...

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Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
November 14, 2023  |  Earnings

Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into...

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Small Businesses Delay Purchases and Hiring Due to High Interest Rates
Small Businesses Delay Purchases and Hiring Due to High Interest Rates
November 14, 2023  |  Economy

 High interest rates are leading smaller businesses to lower their expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Fed: Banks Healthier Than in 2008 but Still Vulnerable
Fed: Banks Healthier Than in 2008 but Still Vulnerable
November 12, 2023  |  Banking

America’s banks are in a steadier place than they were in 2008. Get the Full Story Complete the form to unlock this article and enjoy...

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Buy Now, Pay Later Thrives Despite Rising Interest Rates
Buy Now, Pay Later Thrives Despite Rising Interest Rates
November 09, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) company Affirm continues to see demand from investors, reportedly defying earlier concerns about rising interest rates affecting all BNPL lenders. Get the...

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For FinTechs, Raising Capital Is Like It’s 2017
For FinTechs, Raising Capital Is Like It’s 2017
November 09, 2023  |  Fintech Investments

FinTechs remain in a tight spot, as far as fundraising goes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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European Banks Look to Fee Income as Rate Hikes Slow
European Banks Look to Fee Income as Rate Hikes Slow
November 09, 2023  |  Banking

European banks are investing more in fee-generating operations while waiting for interest rates to fall. Get the Full Story Complete the form to unlock this...

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Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Predicts Soft Landing for US Economy
November 08, 2023  |  Economy

Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Get the Full Story Complete the form to unlock this...

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