Affirm, run by PayPal co-founder Max Levchin, is among a new breed of fintech lenders competing against credit cards issued by banks.
Schlagwort-Archiv: Financial
How to avoid the top scam of 2023: The internet has ‚really supercharged‘ it, expert says
Imposter scams were the most prevalent consumer fraud last year, the Federal Trade Commission said. Criminals dupe victims by posing as a trustworthy source.
Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
The Office of the Comptroller of the Currency terminated a consent order that forced Wells Fargo to revamp how it sells its retail products and services.
Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
Swiss Re CEO Christian Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.
Coinbase shares surge in premarket trade after posting first quarterly profit in two years
Shares of cryptocurrency exchange Coinbase soared Friday in U.S. premarket trading after the company reported its first profit in two years.
Trade Desk shares soar on revenue beat and strong guidance
Shares of The Trade Desk jumped over 18% on strong first-quarter guidance and a sales beat.
Toast will lay off 10% of its workforce, about 550 employees, as growth slows
Toast said it would lay off 550 employees, resulting in $45 million to $55 million charges, mostly in the first quarter.
DraftKings posts 44% revenue growth and narrowing losses, but falls short of estimates
DraftKings missed Wall Street’s expectations on Thursday after the bell but increased its year-over-year revenue by 44%.
UK economy slipped into technical recession at the end of 2023
The U.K. economy slipped into a deeper-than-expected technical recession in the final quarter of last year, initial figures showed Thursday.
Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
These are the stocks posting the largest moves in midday trading.