EBay’s Secondhand Depop Buy
EBay struck a bargain this week with its agreement to purchase Depop, the popular secondhand clothing resale app, for $1.2 billion in cash. That’s less than the $1.63 billion Etsy paid for Depop fiv...
Trader Leaves Crypto Permanently After Losing $10,000 to LIBRA
One year has passed since Argentine President Javier Milei backed a project that drove hundreds of thousands of people worldwide to invest in Libra, a meme coin that turned out to be a rug pull.
Al...
TransUnion Reports Subprime Borrowers Drive Lending Surge
Subprime borrowers drove unsecured personal loan originations and balances to record highs, TransUnion said in a Thursday (Feb. 19) press release.
Unsecured personal loan originations reach...
JPMorgan Chase Moves to Dismiss Trump Debanking Lawsuit
JPMorgan Chase said in a Thursday (Feb. 19) court filing that it will seek a dismissal of President Donald Trump’s lawsuit that alleges the financial institution “debanked” him in 2021, Bloomber...
Blue Owl Restricts Redemptions From Lending Vehicle
Blue Owl Capital limited redemptions from an investment vehicle that provides loans to private companies, sending its shares tumbling and pulling down those of other investment firms with large credit...
