Interest Rates

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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HSBC Scales Back Hiring Amid Cost-Cutting Efforts
HSBC Scales Back Hiring Amid Cost-Cutting Efforts
July 02, 2024  |  Personnel

European banking giant HSBC is reportedly slowing hiring and asking investment bankers to reduce expenses. Get the Full Story Complete the form to unlock this...

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PCE Index Shows Cautious Consumers; Low Inflation Gives Hope for Rate Cut
PCE Index Shows Cautious Consumers; Low Inflation Gives Hope for Rate Cut
June 28, 2024  |  Economy

The consumer showed up with caution in May, but a low inflation rate added some fuel to the arguments for an interest rate cut. Those...

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Father’s Day Spending Projected to Slide as Consumers Cut Back
Father’s Day Spending Projected to Slide as Consumers Cut Back
June 03, 2024  |  Retail

As with Mother’s Day last month, consumers have a little less to spend on Dad for Father’s Day this year. Get the Full Story Complete...

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