U.S. Bancorp is forecasting a decline in net interest income for this year. In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion to $16.4 billion, down from earlier projection of at least $16.6 billion for the...
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept. 19). Opendoor has warned investors that it thinks it’ll lose as much as $175 million...
Apple will now be allowing zero percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid for via the Apple Card. The move comes after Apple offered 0 percent interest financing...
As a way to provide some relief to the financial pressure that people could be experiencing as a result of the coronavirus, Apple alerted Apple Card customers by email that they will be allowed to skip their March payments without incurring interest charges. “We understand...
May 17, 2024
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank said in a Thursday (May 16) press release. “Every organization has complex needs, and the HSBC Hybrid Checking Account provides an […]
April 17, 2024
U.S. Bancorp is forecasting a decline in net interest income for this year. In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1...
September 19, 2022
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept....
June 16, 2020
Apple will now be allowing zero percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid...
