An International Monetary Fund (IMF) director said the Federal Reserve may need to do more to slow lending. IMF Managing Director Kristalina Georgieva told CNBC...
One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....
The federal government reportedly has a plan to help borrowers behind on their mortgage payments. The Federal Housing Administration (FHA) is expected to unveil its...
How high is America’s credit card debt? The answer varies from source to source. Either way, it’s either more than or close to $1 trillion,...
Brazil’s consumers and merchants have found themselves sinking deeper and deeper into debt. As Bloomberg News reported Sunday (May 28), 4 in 10 adults in Brazil...
Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” At the same time, Barkin declined to say the country is nearing a recession,...
The days of empty car dealer lots could be coming to an end. Easing supply chain constraints and steady production has increased vehicle availability, The...
Federal Reserve officials reportedly seem more divided than ever on whether more interest rate hikes are needed. Officials’ comments signaling different opinions on the issue come...