OPEC+ set to hold oil output policy steady for October – Reuters

The American Fintech Council (AFC) has sent a comment letter to the Oregon Department of Consumer and Business Services (DCBS), Division of Financial Regulation, asking for a “more tailored” regulatory treatment of buy now, pay later (BNPL) providers. Currently, Oregon intends to treat these platforms like payday lending services. Oregon’s approach also highlights the challenges for…

Memory prices have been exploding higher over the past year, and with it so have the stocks of DRAM (dynamic random access memory) makers Micron Technology (MU +1.47%) and SK Hynix (SKHY +1.13%). However, the memory market is notoriously cyclical, and many investors are already questioning how long the good times will last for these…

UBS’s average daily value-at-risk rose to $21 million in the second quarter, the highest level since at least 2014. The figure was up 90.9% from the previous quarter’s $12 million, and well above the second-highest watermark in the last decade of $17 million. !function(e,n,i,s){var d=”InfogramEmbeds”;var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d] Only users who have a paid subscription or are…

(Bloomberg) — The U.S. 30-year bond yield is trading above 5% for the longest stretch since the dawn of the financial crisis, echoing investor concerns about a growing debt pile and sticky inflation.  So far this year, the 30-year has traded beyond 5% for 27 days — or about 19% of all sessions, the most…

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