Consumer Sentiment Rose in July, Though Inflation Concerns Continue
Consumer sentiment inched up in July to reach its highest level in five months, though it remained below its December reading and its historical average, according to preliminary results from the Univ...
UK’s FCA Proposes New Protections for BNPL Borrowers
The United Kingdom’s Financial Conduct Authority proposed new protections for buy now, pay later borrowers that would take effect when BNPL comes under the regulator’s remit on July 15, 2026.
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American Express Likes What It Sees in ‘Wait and See’ Economy
American Express isn’t waiting for the economy to make up its mind. It’s already betting cardholders will keep spending even as headlines wobble from “soft landing” to “hard stop.”
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This Week in AI: AI Startups Hit Fundraising Gold
Fortunes are being spent in artificial intelligence (AI), with Perplexity, Thinking Machines and Anthropic attracting billions from investors. Meanwhile, Google, Meta and Blackstone have pledged to sp...
