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The S&P 500 dipped into correction territory on Tuesday and Nissan has pushed out chief executive Makoto Uchida in the wake of the collapse of merger talks with Honda. Plus, banks are trying to catch up to one of the hottest trends in consumer finance: interest-free buy now, pay later loans.

Mentioned in this podcast:

Ukraine says it is willing to accept 30-day US-brokered ceasefire

Wall Street sell-off pulls S&P 500 into correction territory

Nissan pushes CEO out

FT News Briefing