The current interest rate environment continues to raise alarm bells for U.S. consumers. Affirm (AFRM) CFO Michael Linford sits down with Yahoo Finance Live to discuss how the fintech company is maneuvering a higher-rate environment. Linford acknowledges the volatility attributed to higher interest rates, stating the company has adjusted by "retooling" its business strategy while managing to work towards consistent profitability. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The current interest rate environment continues to raise alarm bells for U.S. consumers. Affirm (AFRM) CFO Michael Linford sits down with Yahoo Finance Live to discuss how the fintech company is maneuvering a higher-rate environment.
Linford acknowledges the volatility attributed to higher interest rates, stating the company has adjusted by "retooling" its business strategy while managing to work towards consistent profitability.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Reuters
WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Tuesday it settled fraud charges against Hyzon Motors of misleading investors. The company, a maker of hydrogen fuel cell electric vehicles, was charged with misleading investors about its business relationships and vehicle sales before and after a July 2021 merger with a publicly traded special purpose acquisition company, or SPAC. The SEC also charged Craig Knight, Hyzon's former CEO, and Max Holthausen, former managing director of Hyzon's European subsidiary, for their roles in the fraudulent scheme, it said in a statement.
FreightWaves
An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions. The post 85-year-old Indiana trucking company files for Chapter 11 appeared first on FreightWaves.
The Wall Street Journal
Shares of retailer Costco Wholesale fell after the company reported earnings following Tuesday's market close. The shares dipped around 1.3% in after hours trading after falling 1% in the regular session.
Bloomberg
(Bloomberg) -- Investors that missed out on this year’s dizzying rally in Nvidia Corp. have an attractive entry point this month.Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023FCC Aims to Reinstate Net Neutrality Rules After US Democrats Gain Con
SmartAsset
After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.
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