buy now pay later

Increasingly popular buy now, pay later services allow shoppers to split their purchases into smaller, recurring payments. We’ll get into why these loans are blurring economists’ understanding of today’s consumer debt landscape. We’ll also discuss President Joe Biden’s climate and infrastructure spending spree, and the knock-on effects of parents dying from drug overdoses. Plus, singer Tyla’s sandy Met Gala look, and forgotten 100-year-old love letters make us smile.

Here’s everything we talked about today:

• • “More than 320000 U.S. children lost a parent to drug overdose from 2011-2021” from Axios

• • “Playbook: Biden’s race to Trump-proof his legacy” from Politico

• • “Biden’s biggest challenge: How do you even spend $1.6 trillion?” from Politico

• • “‘Buy Now, Pay Later’ Has Americans Racking Up Phantom Debt” from Bloomberg

• • “Video: See moment Tyla is carried up Met Gala steps” from CNN

• • “Tyla’s sand-covered Met Gala 2024 gown was chopped in half after the red carpet” from Page Six

• • “When to use buy now, pay later services” from Marketplace

• • “Hidden love letters spark historical mystery in Baltimore” from The Baltimore Banner

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

For our final episode of 2023, we’re throwing a holiday party with music, festive fascinator hats and drinks. We’ll also get to some big medical news: For the first time, the FDA approved gene therapies to treat sickle cell disease, which affects mostly Black people in the United States. And, the head of OPEC is meddling in climate talks at COP28. Plus, we’ll play a holiday-themed round of our favorite game, Half Full/Half Empty!

Here’s everything we talked about today:

• • “OPEC Leader Tells Members to Block Any Climate Summit Deal to Curb Fossil Fuels” from The New York Times

• • “FDA Approves Breakthrough Sickle Cell Disease Gene Therapies” from HuffPost

• • “US FDA approves two gene therapies for sickle cell disease” from Reuters

• • “After living with sickle cell disease for 39 years, I’m both excited and skeptical about the newly approved gene therapies” from Stat News

• • “Buy now, pay later hit an all-time high on Cyber Monday” from Marketplace

• • “A Brief History of the White Elephant Party” from The New York Times

• • “Taylor Swift and Travis Kelce Wore Squirrel Sweaters, Maybe” from Marie Claire

• • “Amazon Is Packed with Festive Outdoor Christmas Decorations” from People

• • “How to get through a holiday party at work without embarrassing yourself” from NPR

We’ll be back with new episodes on Jan. 8. Until then, if you’ve got a question, comment or submission for a state drink, send them our way. We’re at 508-UB-SMART or email makemesmart@marketplace.org.

Patrick Bet-David, Adam Sosnick, Tom Ellsworth and Vincent Oshana discuss Bill Maher's appearance on Roseanne Barr's podcast where he denies knowing MK Ultra, the WEF and Klaus Schwab, Donald Trump's vicious response to Robert DeNiro's criticism on Truth Social, and Derek Chauvin being stabbed 22 times by a former FBI informant! Purchase Patrick's new book "Choose Your Enemies Wisely: Business Planning for the Audacious Few": https://bit.ly/41bTtGD Purchase tickets to the PBD Town Hall with Robert F. Kennedy Jr on December 6th: https://bit.ly/3sog9qg Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO:  @VALUETAINMENT   @vtsoscast   @ValuetainmentComedy   @bizdocpodcast  Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Ryan and Emily discuss the Israel-Hamas truce being extended as hostages are released, Elon Musk cozying up to Bibi in and Israel visit, Bernie weighs forcing a vote on conditioning Israel aid, Koch network backs Nikki Haley for 2024, desperate bipartisan push to force Ukraine funding through Congress, Black Friday spending reveals bleak economic reality for Americans, and Ryan spars with Ted Cruz on Israel and Hamas.

BP Holiday Merch LIVE NOW (Use code BLACKFRIDAY for 15% off Non-Holiday Items): https://shop.breakingpoints.com/collections/breaking-points-holiday-collection 

To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/

See omnystudio.com/listener for privacy information.

Klarna was once Europe’s most valuable startup. It offers buy now, pay later credit for about 150 million shoppers globally looking to spread the cost of online purchases. The company has targeted expansion in the US after raising $800 million last year. That process saw its valuation slashed to $6.7 billion from about $45.6 billion as inflation and higher rates pressured its business model. CEO Sebastian Siemiatkowski joined Bloomberg's Caroline Hepker, Tom Mackenzie and Leigh-Ann Gerrans to discuss everything from the investment landscape to how AI is changing the business.

See omnystudio.com/listener for privacy information.

After PayPal sold to eBay in 2002, Max Levchin could have relaxed on a beach for the rest of his life. But that’s not the kind of person he is. He isn’t happy unless he’s coming up with new ideas and building companies – so much so that he actually fell into a dark place after leaving PayPal. He didn’t fully find himself until years later, when he rediscovered his passion for the “hard, valuable, fun” problems of fintech. Now, Max runs another billion-dollar company: Affirm, a “buy now, pay later” service that’s transforming how we purchase things on credit. This is the second part of a two-part conversation with Max; to hear the story of PayPal, be sure to listen to part 1!  

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.