Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna’s net loss more than doubled in the first quarter as more consumers failed to repay loans from the Swedish “buy now, pay later” lender as concerns rose about the financial health of US consumers.
NEW YORK — US stocks are drifting lower, while US bonds and the value of the US dollar are falling more sharply on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 was 0.4 percent lower in morning trading after Moody’s Ratings
Stock market today: Dow, S&P 500, Nasdaq slide after Moody’s downgrades US credit rating Yahoo Finance Stock Market Today: Dow, S&P 500 and Nasdaq fall, Treasury yields surge after Moody’s downgrades U.S. credit rating; gold up, dollar falls MarketWatch Stocks retreat to start week as yields spike on U.S. debt downgrade: Live updates CNBC Stock Market Today: Dow,
May 19, 2025 6:17 PM IST US Stock Market LIVE Updates: Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies Walmart Inc. stunned civil-rights activists in November by saying it was pulling back on diversity, equity and inclusion efforts. The world’s largest retailer said it would stop using the term “DEI” in official communications,
FROM tax codes to savings “buckets”, the financial world can be mind-boggling for the average worker trying to make the most of their hard-earned cash. But money expert Abigail Foster has shared an extract from her new book with Sun readers to teach you how to spend and save like a financial wizard. 4 Abigail
A new report from DebtBusters showed that 91% of people applying for debt counselling early this year had a personal loan. It is the highest on record. DebtBusters’ Benay Sager warned that while incomes have barely grown, electricity, petrol and food costs have surged, forcing many to cut essentials just to get by. Despite improved
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A leading tech firm, Wongafix has introduced Nigeria’s first digital lending solution platform targeted at low-income earners in partnerships with their employers. According to Olabanke Adunni Nwaoze, managing director and co-founder of Wongafix, the product will serve as relief for Nigerian low income workers who have been finding it difficult to have access to loans.
Shares of shoe company Deckers Outdoor (DECK 0.69%) are down about 37% in 2025, as of this writing, giving it the third worst performance for a constituent of the S&P 500. It only trails Moderna and UnitedHealth Group so far this year. The underperformance extends beyond this year. Deckers stock was added to the S&P
Personal loans are gaining popularity across India for their easy availability and flexibility. Due to the same many borrowers question and wonder if their spouse’s security or co-signature is necessary for loan approvals. The answer to this question largely depends on several different factors such as, the lender’s policies, the loan applicant’s profile and the