Affirm expands buy now, pay later service to the UK, heating up local competition

Key Points

Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas.
Max Levchin, CEO of Affirm, told CNBC the company is seeing a lot of demand from merchants in Britain.
Affirm’s arrival in the U.K. comes as the government is consulting on plans to regulate the buy now, pay later industry.

Source

Finance

Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton and more

May 23, 2025

Check out the companies making headlines in midday trading: Booz Allen Hamilton — Shares of the consulting firm lost 15% after Booz Allen Hamilton said it would cut roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some government spending under the Trump administration and expected ongoing pressure on its business in […]

Finance

Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more

May 23, 2025

Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]

Finance

Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty

May 23, 2025

Key Points Chicago Fed President Austan Goolsbee said Friday that President Donald Trump’s latest tariff moves have complicated policy and likely put off changes to interest rates. “Everything’s always on the table. But I feel like the bar for me is a little higher for action in any direction while we’re waiting to get some […]