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Why Cyber Monday could break spending records despite economic uncertainty
NEW YORK (AP) — After four days of deal-fueled spending sprees that kicked off on Thanksgiving, shoppers shifted their focus on Cyber Monday, which is again expected to be the biggest sales day of the year for online retailers. Walmart was promoting up to 50% off on fashion on its website among some of the […]
Klarna IPO surges 30% in NYSE debut, raises $1.37 billion
Klarna’s IPO raised $1.37B as shares jumped 30% in their NYSE debut, marking the year’s biggest listing and boosting co-founders to billionaire status.
Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.
The CFPB ended its probe into Credova, a buy now, pay later firm tied to Donald Trump Jr., calling the investigation politically motivated.
Embedded finance
Several years ago, Blue Ridge Bank President and CEO Brian Plum began to notice a movement across the broader economy. “We live in a world where data has value,” Plum says. “It only made sense that over time, [as] you would see more sellers or other service providers that have built out platforms to try […]
