Interest news and trends

US Bancorp Interest Income Dips as Customer Caution Continues
Banking // April 17, 2024

U.S. Bancorp is forecasting a decline in net interest income for this year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Opendoor Business Model Flaw Drives Losses on 42% of August Deals
Real Estate // September 19, 2022

Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Apple Expands Zero Pct Apple Card Financing
Apple // June 16, 2020

Apple will now be allowing zero percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid for via the Apple Card. Get the Full Story Complete the form to unlock this...

Apple Card Users Get Pass On March Payment, Interest
Apple // March 15, 2020

As a way to provide some relief to the financial pressure that people could be experiencing as a result of the coronavirus, Apple alerted Apple Card customers by email that they will be allowed to skip their March payments without incurring interest charges. Get the...

Quick Reads
HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses

May 17, 2024
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

US Bancorp Interest Income Dips as Customer Caution Continues

April 17, 2024
U.S. Bancorp is forecasting a decline in net interest income for this year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Opendoor Business Model Flaw Drives Losses on 42% of August Deals

September 19, 2022
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept....

Apple Expands Zero Pct Apple Card Financing

June 16, 2020
Apple will now be allowing zero percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid...