Interest Rates

Wells Fargo: Corporate Borrowers ‘Acquiescing’ to High Interest Rates
Wells Fargo: Corporate Borrowers ‘Acquiescing’ to High Interest Rates
September 17, 2023  |  Loans

Are corporate borrowers resigned to higher interest rates? Wells Fargo thinks so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Healthcare, Leisure and Hospitality Lead Job Gains in August
Healthcare, Leisure and Hospitality Lead Job Gains in August
September 01, 2023  |  Economy

The U.S. economy added 187,000 jobs in August, with the healthcare and the leisure and hospitality sectors leading the way. Get the Full Story Complete...

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Report: Fed Likely to Hold Interest Rates Despite Higher Consumer Spending
Report: Fed Likely to Hold Interest Rates Despite Higher Consumer Spending
August 31, 2023  |  Economy

The Federal Reserve is reportedly likely to keep interest rates where they are when it meets in September even though economic activity has remained unexpectedly strong. Get...

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Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
August 31, 2023  |  Personal Finance

In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. Get...

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FinTechs Throw Lifeline to Subprime-Borrowing Consumers
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
August 28, 2023  |  Loans

Consumers with low credit scores may find assistance in their uphill battle toward greater financial security. Get the Full Story Complete the form to unlock...

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Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
August 25, 2023  |  Personal Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Get the Full Story Complete the form to unlock this article and...

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Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
August 16, 2023  |  Earnings

Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...

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Fitch Warns That Even JPMorgan Isn’t Immune to Downgrading
Fitch Warns That Even JPMorgan Isn’t Immune to Downgrading
August 15, 2023  |  Banking

America’s banking sector is creeping closer to a wide-ranging downgrade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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