Interest Rates

Fed Governor: Inflation Still at ‘Uncomfortable’ Level
Fed Governor: Inflation Still at ‘Uncomfortable’ Level
August 11, 2024  |  Economy

Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. Get the Full Story Complete the form to unlock this article...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. Get the Full Story Complete the...

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US Bank Stocks Dip After Country’s Unemployment Rate Jumps
US Bank Stocks Dip After Country’s Unemployment Rate Jumps
August 05, 2024  |  Economy

Several U.S. bank stocks reportedly slipped Monday (Aug. 5) as investors left the sector amid rising fears of a potential recession. Get the Full Story...

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Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
August 05, 2024  |  Economy

On a day when a stock market rout promised to become a full-fledged bloodbath, and as recession fears mounted, the latest spate of economic data...

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Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
August 04, 2024  |  Investments

America’s private equity giants have reportedly invested $162 billion in anticipation of a deal-making revival. Get the Full Story Complete the form to unlock this...

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British Banks Cut Costs as Interest Rates Begin to Decline
British Banks Cut Costs as Interest Rates Begin to Decline
August 02, 2024  |  Banking

The largest banks in the United Kingdom are reportedly cutting costs to protect profits as interest rates begin to decline. Get the Full Story Complete...

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BNPL Firms’ New Regulatory Reality Unclear as CFPB’s Commentary Period Closes
BNPL Firms’ New Regulatory Reality Unclear as CFPB’s Commentary Period Closes
August 01, 2024  |  BNPL

The comments are in. The battle lines have been drawn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Get the Full Story Complete the form to unlock this article and...

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Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
July 17, 2024  |  Earnings

Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier,...

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