Here’s Why Banks and Credit Card Companies Are Wary of Buy Now, Pay Later Loans Buy now, pay later (BNPL) loans have exploded in popularity, letting shoppers split purchases into easy installments without interest on many plans. But as these services from companies like Affirm, Klarna, and Afterpay grab market share, traditional banks and credit … Read more
On July 31, 2025, JPMorgan Chase celebrated the opening of its 1,000th new branch since launching its expansion strategy in 2018. The milestone was marked with a ribbon-cutting ceremony in Charlotte, North Carolina, attended by Chairman and CEO Jamie Dimon. With approximately 5,000 branches, JPMorgan Chase operates the largest branch network of any U.S. bank, … Read more
Washington, D.C. – The U.S. federal budget deficit reached $316 billion in May 2025, according to the latest Treasury Department data, marking a significant strain on the nation’s finances. This figure contributes to a year-to-date shortfall that is 14% higher than the same period in 2024, raising concerns among economists and policymakers about the trajectory … Read more