Tag: Credit
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Trump credit card rate cap has unclear path, ‘devastating’ risks
Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject...
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Despite worries over bad loans at midsize U.S. banks, there's little evidence of a systemic problem, according to a senior analyst at Moody's...
Private credit boom behind new ETF designed for retail investors
It's a partnership designed to give retail investors more access to a rapidly expanding asset class: Private credit.Simplify Asset Management and VettaFi launched...
Here’s why banks, credit card companies are wary of buy now, pay later loans
Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically...
EV sales soar as Trump’s ‘big beautiful bill’ axes $7,500 tax credit
Halfpoint Images | Moment | Getty ImagesConsumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax credits worth up...
