Credit scoring agency, Fair Isaac (FICO) announced its latest version of the FICO score, a three-digit number that assesses a person’s credit risk, will take consumers’ debt levels into account and will more closely track personal loans. Previous scoring models took snapshots of a person’s payment history. The new model will take a historical view […]
Tariff Woes Worry CEOs
When President Donald Trump spoke to Apple’s Chief Executive Tim Cook about the impact of US tariffs on Chinese imports, Cook warned that those duties could give an edge to rival Samsung. The president said that Cook “made a good case” that the tariffs could hurt Apple, given Samsung’s products wouldn’t be subject to the […]