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According to a report by Wells Fargo, buy now, pay later (BNPL) is one of the fastest-growing categories in consumer finance. This trend is being closely watched by industry players, including Affirm, which is working to refine features of its popular Affirm Card. During a recent conference call discussing earnings for the first quarter…

The recent IPO of Zeekr Intelligent Technology, an electric-vehicle maker based in China, is significant as it marks the first major U.S. listing by a Chinese company since 2021. The strong demand from investors, indicated by the upsizing of the IPO, comes amidst a challenging environment for EV makers, who have seen profits being…

The New York Stock Exchange (NYSE) has posed queries to market participants regarding their thoughts on the possibility of the stock market operating on a 24-hour schedule similar to that of cryptocurrencies, which was previously reported by the Financial Times. The move comes as 24 Exchange, a startup financed by billionaire hedge fund manager…

In preparation for Bitcoin’s upcoming halving event, crypto traders anticipate increased investment in related networks and ecosystem tokens as a result of reduced new coin supply. The halving, which lowers the rate at which new coins are created, has historically preceded a bull market for Bitcoin. Crypto trading firm Wintermute suggests that due to…

1. The StarkNet Alliance, a consortium of blockchain and web3 leaders, announced the formation of the alliance and its inaugural members, including Binance, Circle, Coinbase, Polychain, and Fantom Foundation. The alliance aims to promote the adoption of StarkNet, a decentralized computing network and layer-2 scaling solution for Ethereum, and fund research and development efforts…

In this revised version of the article, we will discuss four companies that appear oversold and may offer promising opportunities for long-term investors. Our selection includes a diverse range of industries to potentially maximize potential gains. These companies were chosen based on their current market conditions and were not recommended by The Motley Fool’s…

Nothing Bundt Cakes, a popular bakery chain known for its signature cakes, is set to issue a $240 million bond backed by almost all of its assets through the whole-business asset-backed securities (WBS) market. This is the third time the Texas-based franchise has turned to this market, having previously issued $355 million in bonds…

In a recent survey by Zogby Analytics, it has been revealed that many individuals of all races, particularly younger voters, are challenging President Joe Biden’s assertion that “they have the money to spend” by admitting that they went without food for at least a day during the previous month. This survey, which took into…

According to a recent survey from the University of Michigan, US consumer sentiment has reached a six-month low due to increasing concerns about inflation and the job market. The preliminary reading for May revealed that the sentiment index fell to 67.4, significantly lower than the 77.2 recorded in April and below analyst forecasts. This…

Prometheum, a crypto-native startup that has received a special-purpose broker dealer approval from the US Securities and Exchange Commission (SEC), is facing delays in launching its custody and trading operations, despite assurances from the company’s co-CEO Benjamin Kaplan that it is close to launching its custodial services for institutional clients. Originally scheduled for the…