business news
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Finance
Klarna doubles losses in first quarter as IPO remains on hold
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
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Finance
UK clamps down on ‘wild west’ of buy now, pay later sector with new rules
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end…
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Finance
China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry
China’s retail sales growth slowed in April, data from the National Bureau of Statistics showed Monday, signaling that consumption remains…
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Finance
Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade
Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the…
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Finance
Long-term care costs can be a ‘huge problem,’ experts say. Here’s why
Kate_sept2004 | E+ | Getty Images Long-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many…
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Finance
Insiders at UnitedHealth are scooping up tarnished shares
Key Points UnitedHealth Group saw some of its insiders step in and purchase declining shares this week. Kristen Gil, a…
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Finance
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
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Finance
Stocks making the biggest moves midday: Applied Materials, Novo Nordisk, Cava, Vistra and more
Check out the companies making headlines in midday trading. Applied Materials — Shares of the semiconductor manufacturer dropped 6% after…
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Finance
How to trade gold and bitcoin after the big stock market rebound
Gold has cooled after a year-long rally that sent the commodity to a gain of 35%, but even with stocks…
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Economy
The low-end consumer is about to feel the pinch as Trump restarts student loan collections
Andersen Ross Photography Inc | Digitalvision | Getty Images Wall Street is warning that the U.S. Department of Education’s crack…
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