Affirm CEO says high gas prices are hitting U.S. shoppers

Affirm Holdings stock closed nearly unchanged on Friday after the buy now, pay later firm reported fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers. “The U.S. consumer undoubtedly sees the higher gas prices, so can’t, can’t ignore that,” Levchin told CNBC’s “Squawk Box.” “They’re also coming to us…

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Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’

Treasury Secretary, Scott Bessent (L), and Sen. Elizabeth Warren (D-MA). Getty Images Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign-exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered. “In her latest sciolistic letter…

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