Americans are increasingly turning to “buy now, pay later” services for food and other everyday essentials. And there are signs that the practice is putting some in deep debt.
Tag: Banking and Financial Institutions
-
Revenge of the Founders: A Generational Struggle on Wall Street
The abrupt departure of Kewsong Lee as Carlyle Group’s chief executive followed conflicts over how to run the financial firm.
-
Judge Recommends Rejecting Bid by Sept. 11 Families to Seize Frozen Afghan Funds
A federal judge said the Afghan central bank’s assets could not legally be used to pay off judgment debts owed by the Taliban to relatives of victims of the 2001 terrorist attacks.
-
Jerome Powell Warns That War on Inflation May Be Painful
The Federal Reserve chair pledged to resolutely fight rapid price increases, arguing the bigger mistake would be allowing price increases to become entrenched.
-
The Crypto World Can’t Wait for ‘the Merge’
A long-awaited upgrade to Ethereum, the most popular crypto platform, may make the technology more environmentally sustainable. But it comes with risks.