With a few clicks on his keyboard and one social-media post to the world, President Donald Trump revived a long-running debate on the merits of quarterly...
Year: 2025
Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The...
An AI ‘house of cards’: Worries of a bubble grow after Oracle’s rally on OpenAI deal
Skepticism is mounting about the viability of Oracle’s multiyear deal with OpenAI, a company that has yet to report a profit. Oracle’s stunning results on Tuesday...
Consumers love buy now, pay later loans. Here’s why banks and credit card companies are wary of them
Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically interest-free installments. “Credit...