Credit crunch fears are taking hold, fueling concerns of a crippling US recession. Here's why investors are so worried about lending drying up.

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Traders
Credit crunch fears are taking hold among US investors thanks to banking system turmoil.

(Photo by Michael M. Santiago/Getty Images)

Apple Pay Later is more about making Apple Pay more convenient than trying to dominate the 'buy now, pay later' arena, analysts say

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Apple Pay Later
Apple is rolling out Apple Pay Later in the US this year.

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Banks borrowed a record $153 billion from the Fed as SVB's collapse rocked Wall Street

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Federal Reserve Building
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.

Patrick Semansky/AP Photo

The 14-slide pitch deck a Los Angeles-based fintech startup used to raise $10 million

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Rodney Williams, a cofounder of SoLo Funds.
Rodney Williams, a cofounder of SoLo Funds.

Courtesy of Rodney Williams

Lawyer spent over $10 million in loans for fake clients to live in a Las Vegas hotel and gamble '24/7' for six months, lawsuit alleges

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An aerial view of the large Encore and Wynn hotels in Las Vegas taken in 2020
The Wynn Hotel in Las Vegas, where Sara Jacqueline King allegedly lived for six months in 2022.

Ethan Miller/Getty Images

NFT holders are using their digital art as collateral to borrow record amounts of cryptocurrency

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NFT art

NICOLAS ASFOURI / Contributor/ Getty Images

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