KEY POINTS Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm uses the…
KEY POINTS When she started shopping for the holidays late last year, Kelly Andersen was struggling to buy her loved ones gifts. So she turned to a novel solution to…
KEY POINTS Holiday sales rose 3.8% year over year to $964.4 billion, according to the National Retail Federation, as consumers spent on gifts and celebrations even after enduring a prolonged…
KEY POINTS After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week…
KEY POINTS In recent weeks, President Joe Biden has been doing everything he can to point the finger at big corporations for high prices. “Too many things are unaffordable,” the president said. “Stop…
