China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
While the Nasdaq fell 2.1% on Thursday, putting the tech-heavy index on pace for its worst week since September, shares of Shift4, Toast and Bill.com suffered much steeper drops, losing 6.7%, 6.2% and ...