Affirm stock drops after Apple starts its BNPL rollout

The news that Apple has introduced a buy-now-pay-later service, Apple Pay Later, caused shares of Affirm Holdings Inc. to drop 8% in Tuesday trading. Apple declared that it would start inviting select users to access a pre-release version of Apple Pay Later, with plans to offer it to all eligible users in the coming months. […]

6.8771 vs. previous closing of 6.8755

The People’s Bank of China (PBOC) is the central bank of China, responsible for monetary policy and regulation of financial institutions. One area of particular focus for the PBOC is the regulation of the yuan, China’s currency. The yuan is a closed currency, meaning it is not freely tradable on international markets. In order to […]

Biden describes Nashville shooting as ‘absolutely heartbreaking’

On August 2nd of this year, a tragic event took place in Nashville, Tennessee where a 15-year-old student opened fire at a high school. The shooter injured one classmate and killed another before surrendering himself to the police. In the aftermath of the shooting, President Joe Biden made remarks expressing his condolences and calling for […]