The Consumer Financial Protection Bureau (CFPB) recently made a significant announcement regarding the buy now, pay later (BNPL) industry. The agency declared that customers utilizing BNPL services are now entitled to the same federal protections as those using traditional credit cards. This decision was made through an “interpretive rule” issued by the CFPB, which brings
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The surprising news emerged that Rishi Sunak, the Prime Minister of the United Kingdom, is planning to call a general election on 4 July. Despite trailing Labour by a significant margin in the latest polls, Mr. Sunak seems determined to take the risk and challenge his opponents. The decision comes after 14 years of Tory
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Federal Reserve officials are facing a puzzling situation regarding inflation in the United States, as highlighted by Julian Howard, lead investment director at GAM. According to Howard, it seems like the Fed officials are clueless about the inflation scenario in the country. Despite calls for patience in considering interest rate cuts, policymakers are struggling to
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Apple Music is getting a facelift with upgrades that are set to enhance the performance of the app on iOS 18 and macOS 15 later this year. Reports suggest that Apple’s upcoming operating system updates will bring revamped versions of Apple Music and QuickTime, the company’s audio and video playback apps. This news has generated
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Lowe’s recently reported its quarterly earnings, surpassing Wall Street’s expectations. Despite a decrease in sales of pricey items within the do-it-yourself category, the home improvement retailer managed to outperform Home Depot in terms of revenue. Home Depot, on the other hand, fell short of revenue expectations due to challenges in the housing market and a
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