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BNPL buy now, pay later STOCK
Young shoppers love buy now, pay later. Here's why that might be a problem
Buy now, pay later services allow shoppers to pay for a product over a series of installments rather than all at once. Some experts are concerned it could lead to a downward spiral of debt for some consumers.
03:44 - Source: CNN Business
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BNPL buy now, pay later STOCK
Young shoppers love buy now, pay later. Here's why that might be a problem
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Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. The Federal Reserve announced today that they will cut the central bank’s benchmark interest rate by 50 basis points to a new range of 4.75%-5%.
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