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Apple now allows users to pay later with no interest and no fees

Apple has introduced Apple Pay Later service that allows users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can easily track, manage, and repay their Apple Pay Later loans in one convenient location in Apple Wallet. Users can apply for Apple Pay Later loans which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay. As of now, the service will only be available in the US with the loans of $50 to $1000. The company will…

A long-awaited Apple Pay feature is finally on your iPhone

Apple announced Apple Pay Later last year when it revealed iOS 16 at WWDC 2022. The feature is finally rolling out to “randomly selected users” as of today, through a prerelease version of Apple Pay Later in the Wallet app. Those who have access to this prerelease version should have received an email to their Apple ID account, and they will need iOS 16.4 and iPadOS 16.4. This is a prerelease version of Apple Pay Later, and the full service will be rolling out to eligible iPhone users older than 18 in the U.S. in the…

Could changes in Fed’s interest rates affect pollution and the environment?

The actions of a country, like the U.S., are not restricted to its borders. For example, a positive shock in the Federal Reserve's monetary policy may cause adjustments in the whole system, including the carbon emissions of the other regions. Credit: Florida Atlantic University Can monetary policy such as the United States Federal Reserve raising interest rates affect the environment? According to a new study by Florida…

Chris Pine Shows His Interest In Anne Hathaway Starrer’s Upcoming Instalment, “Give Me A Phone Call…”

Princess Diaries 3: Chris Pine Shows His Interest In Anne Hathaway Starrer’s Upcoming Instalment, “Give Me A Phone Call…” – Deets Inside ( Photo Credit – Facebook ) Actor Chris Pine, who gained the spotlight with his performance as Lord Devereaux in the romantic comedy ‘Princess Diaries 2’, has reacted to the third instalment of the film with actress Anne Hathaway. The actor walked the red carpet at the premiere of his new action-adventure comedy, ‘Dungeons & Dragons: Honor Among Thieves’. Anne Hathaway had told…

Weekly poll results: Galaxy A54 sparks interest, but reviews will decide its fate

Is the Galaxy A54 a worthy successor to the A52s? The phone was a bright spot in the series, while the A53 just wasn’t quite as good. Based on last week’s poll, the A54 has potential, but it is going to have to prove itself in reviews. The reason that the A52s was so well liked is its chipset, the Snapdragon 778G is powerful and efficient and was sitting greatly at its €450 price tag. The A53 had the Exynos 1280 and it managed to match its predecessor at 113h endurance, but it needed 500mAh extra in the battery to do…

The Federal Reserve is raising interest rates again. What does that mean for banks?

Wednesday, the Federal Reserve announced that it intends to raise interest rates by another quarter of a percentage point in its latest bid to curb inflation. It’s a somewhat contentious move given the recent banking failures the US has experienced, and some economists fear that higher interest rates could further weaken the financial sector. Those in favor, however, argued the hike would show the banking sector is stable enough to handle higher rates. Additionally, the Fed has long been under pressure to do more to…

Mortgage demand increases again, but interest rates are rising

A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida.Joe Raedle | Getty ImagesMortgage demand has increased for three straight weeks now, as interest rates dropped in response to the recent bank failures.But rates are rising again, and that could put a damper on application volume.Total mortgage application volume rose 3% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for 30-year…

CBN increases benchmark interest rate to 18%

The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure. The CBN governor, Godwin Emefiele, announced this Tuesday after the apex bank’s Monetary Policy Committee (MPC) meeting that began Monday. Addressing journalists at the end of the two-day meeting in Abuja, Mr Emefiele said the committee voted to keep the asymmetric corridor at +100 and -500 basis points around the MPR. He also disclosed that the MPC voted to…