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Klarna doubles losses in first quarter as IPO remains on hold
Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.Read More...
UK clamps down on ‘wild west’ of buy now, pay later sector with new rules
Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.Read More...
China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry
The National Bureau of Statistics is scheduled Monday to release economic data in April showing impacts from the drastic U.S. tariffs.Read More...
Long-term care costs can be a ‘huge problem,’ experts say. Here’s why
Long-term care can cost well over $100,000 but households aren't prepared, experts say.Read More...
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The staff cuts could result in more than 2,000 fewer jobs at the U.S. central bank.Read More...
How to trade gold and bitcoin after the big stock market rebound
Gold could resume its rally and head for $5,000, and it might be a good time to take some risk out of bitcoin investing, according to ETF experts.Read More...
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