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IRVINE, Calif.—There’s little chance the Federal Reserve will steer the U.S. away from a recession in the next 12-18 months, says one economist, who adds delinquencies among the nation’s lenders could become an issue in the near future.

NEW YORK—Kevin O’Leary, one of the stars of TV’s Shark Tank who is better known as “Mr. Wonderful” and who is also chairman of O’Shares Investment Advisers, is predicting that blockchain and cryptocurrency will one day represent the 12th sector of the S&P 500.

PARIS—The Financial Action Task Force (FATF) said it plans to assess its member countries more frequently to assist in further in tackling money-laundering and combating terrorist financing.

NEW YORK—Buy now, pay later (BNPL) solutions continue to expand, becoming available at more stores and gas pumps, according to a new report.

NEW YORK—A new study shows that more than one-third of consumers between the age 18-54 own cryptocurrency, with people ages 18-34 most likely to own it (37%), followed by those age 35-54 (33%).