Interest Rates

Partnerships Help Firms Capitalize on Positive Trends Amid Uncertainty
Partnerships Help Firms Capitalize on Positive Trends Amid Uncertainty
August 28, 2024  |  Opinion

FinTech partnerships can help financial institutions thrive, Boost Payment Solutions founder and CEO Dean M. Leavitt writes in a new PYMNTS eBook, “Beyond the Horizon:...

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Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
August 27, 2024  |  Consumer Insights

Is the American consumer cautiously confident? Confidently cautious? Somewhere in the middle? The Conference Board released its Consumer Confidence Index Tuesday (Aug. 27), which showed...

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IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
August 27, 2024  |  IPO

There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers...

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Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
August 26, 2024  |  Legal & Regulation

JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program....

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M&A Activity Stays Cool as Interest Rates Remain High
M&A Activity Stays Cool as Interest Rates Remain High
August 25, 2024  |  Partnerships

Merger and acquisitions (M&A) activity remained slow during the second quarter of the year. The reason? The Federal Reserve has kept interest rates high, making...

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Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
August 22, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market...

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Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
August 21, 2024  |  Economy

A downward revision to previously released job market data might be enough to spur interest rate cuts. But the damage to the paycheck-to-paycheck economy —...

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Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness
Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness
August 19, 2024  |  Partnerships

Regional banks in the United States are reportedly actively pursuing mergers and acquisitions to strengthen their balance sheets and enhance their competitiveness in the face...

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Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024  |  Economy

Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological...

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