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BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023 (Stacy Cowley/New York Times)

The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at nytimes.com →

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Japan’s Long-Term Interest Rates Surge Amid Tax Cut Concerns

Japan’s long-term interest rates are nearing 3% for the first time in 30 years, driven by persistent inflation and mounting market anxiety over fiscal shortfalls from Prime Minister Takaichi Sanae’s…

  • Long-term Japanese interest rates rose above 2.93% in August 2026
  • 8% consumption tax cut on food from April 2027 causing concerns
  • Potential funding shortfall of up to ¥5 trillion due to tax cut

Announcement of Notification to Submit a Voluntary Conditional Cash Offer to Acquire AD Ports Group Shares

AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC (L’IMAD), a sovereign…

  • L’IMAD Holding Company PJSC intends to offer up to 100% of AD Ports Group shares.
  • Offer price set at AED 6.25 per share.
  • Company’s board to review the conditional cash offer.

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