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Affirm stock popped 10% Friday after the buy now, pay later firm beat Wall Street’s expectations across the board in its fiscal fourth-quarter results.CEO Max Levchin told CNBC on “Money Movers” Friday that the company is “firing on all pistons.”Earnings came in at 20 cents a share and nearly doubled analyst expectations, with revenue also topping estimates at $876 million, up 33% from a year earlier.Net income was $69.2 million for the quarter, compared with a loss of $45.1 million in the same period last year.”You can see that consumers are transacting more and more frequently,” Levchin told CNBC. “The…

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Ruben Amorim has admitted that emotion got the better of him during his post-match comments following the defeat to Grimsby Town and insists he’s focused on leading Manchester United against Burnley.Amorim said “something has to change” following the penalty shootout defeat to the fourth-tier side and claimed his players had “spoken really loud about what they want” with their performance at Blundell Park.The result has increased the pressure on the Portuguese coach ahead of Burnley’s trip to Old Trafford on Saturday.- Amorim on Mainoo: ‘I want him to stay’- Is this the beginning of the end for Amorim?- Why Man…

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Ruben Amorim has admitted that “sometimes I want to quit, sometimes I want to be here for 20 years” and blamed his emotions for his post-match comments after Wednesday’s defeat to Grimbsy. After the Carabao Cup exit at Grimsby, Amorim said his players “spoke really loud” and that “something has to change”, leading to speculation over his future. Ahead of Saturday’s visit of Burnley, the head coach admitted his emotions can sometimes get the better of him, explaining: “Sometimes I want to quit, sometimes I want to be here for 20 years.”Sometimes I love to be with my players. Sometimes…

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You’ve probably heard that millennials are the first generation to be worse off than their parents, and it’s true. If life is a game of “Guitar Hero,” previous generations played in tutorial mode, and millennials and Gen Z are playing advanced on an old broken TV.Older rich people aren’t entering the job market now. They’re not starting from scratch in today’s economy. And that makes a huge difference. So if you’ve ever felt like the deck is stacked against you, allow me — a former Wall Street trader, founder of Your Rich BFF, and the author of “Rich AF” who made…

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Music icon Taylor Swift’s love life and relationships have been the center of attention since her first album was released in 2006.After years of high-profile romances and breakups, in the fall of 2023, Swift attended her first Kansas City Chiefs NFL game where tight end Travis Kelce was playing. In December of that year, she spoke about their relationship publicly in a Time Magazine article, confirming they’d started dating that summer.And on Tuesday, the 35-year-old announced that she and Kelce were engaged.Despite the ups and downs of Swift’s romantic life, this relationship is “a recipe for resilience, not just a…

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Borrowing money to pay for college is common, but so is struggling to pay it back.Around 30% of American adults took out student loans to pay for higher education, according to the Federal Reserve, and 63% of borrowers report having had difficulty making payments on their loans at some point, according to a 2024 Consumer Financial Protection Bureau survey.But with tuition and mandatory fees costing over $15,000 a year on average at public institutions and nearly $30,000 at private schools after grants and scholarships, according to the most recent National Center for Education Statistics data, loans are impossible to avoid…

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The Club’s 10 things to watch Friday, Aug. 29 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. The S & P 500 is on pace for a lower open to finish out the week after closing yesterday at a record high. There were no major fireworks from the release of the personal consumption expenditures (PCE) index, which is the Fed’s preferred measure of inflation, with July’s figures increasing in line with expectations. 2. Dell shares fell 7% this morning despite reporting a top and bottom line beat. It also raised its full-year revenue…

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Aug 29, 2025, 08:47 AM ETWe’re already into the third matchweek of the new Premier League season and narratives are starting to take shape.For the likes of Manchester United and West Ham, this weekend could either prompt a charge up the table or maybe even a change in the dugout, particularly with the ensuing international break.Arsenal and Tottenham Hotspur are sitting top of the pile and would dearly like to remain there for another couple of weeks. The Gunners face Liverpool in the most high-profile game of the weekend, one day after Spurs host Bournemouth in north London.Mikel Arteta, Thomas…

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Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy.The personal consumption expenditures price index showed that core inflation, which excludes food and energy costs, ran at a 2.9% seasonally adjusted annual rate, according to a Commerce Department report Friday. That was up 0.1 percentage point from the June level and the highest annual rate since February, though in line with the Dow Jones consensus forecast.On a monthly basis, the core PCE index increased 0.3%, also in line with expectations. The all-items index…

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The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now, those shipments from the likes of Tapestry, Lululemon and just about any other retailer with an online presence will be tariffed and processed in the same way that larger packages are handled. In May, Trump ended the exemption for goods coming from China and Hong Kong, and…

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