There’s a big question mark hanging over the future of TikTok right now, in the form of what exactly will happen to its U.S. business come September 20, when President Trump said he plans to shut down the Chinese-owned app over security concerns. But in the meantime, it seems to […]
Fate
Credit Card Firms Split on Fate of Consumers While U.S. Cuts Aid
(Bloomberg) — A fissure is forming in the U.S. credit card industry: Are consumers about to go bankrupt or bounce back? On one side, risk-management pioneer Capital One Financial Corp. is reining in credit lines to reduce its exposure. On the other, the nation’s largest card issuer, JPMorgan Chase & […]