The firm, which allows users to spread the cost of purchases over interest-free installments, saw a jump in operating expenses and defaults.
Schlagwort-Archiv: Financial
Op-ed: Learn to tread water in these stormy markets. Where investors can turn in choppy times
It’s as if investors are being asked to remain afloat in violent seas for what seems like an eternity.
Worst is yet to come: Economist Stephen Roach says U.S. needs ‚miracle‘ to avoid recession
Stephen Roach, known for serving as Morgan Stanley Asia chair, warns the Fed’s aggressive tightening policies haven’t kicked in yet.
Stocks making the biggest moves premarket: Best Buy, First Solar, Twitter and more
These are the stocks posting the largest moves before the bell.
Fed rate hikes won’t bring down inflation as long as government spending stays high, paper says
A paper released at the same Jackson Hole, Wyoming, summit where Fed Chair Powell spoke suggests that the central bank can’t do the job itself.
Mortgage rates will fall to 4.5% in 2023? That’s the estimate from Fannie Mae. Here’s what that means for homebuyers
Fannie Mae says mortgage rates could fall to 4.5% next year. But prospective homebuyers shouldn’t use predictions as a primary guide to purchase decisions.
Stocks making the biggest moves midday: Netflix, Pinduoduo, Catalent, Bristol-Myers and more
These are the stocks posting the largest moves in midday trading.
Best Buy’s quarterly sales drop, as inflation-weary consumers pull back on spending
Best Buy also reaffirmed its guidance for the fiscal year, saying it expects softer demand for consumer electronics.
Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets
Investors fled risk assets after the Federal Reserve affirmed its commitment to an aggressive tightening path.
Stocks making the biggest moves premarket: Catalent, Pinduoduo, Netflix and others
These are the stocks posting the largest moves before the bell.