Interest Rates

Inflation, Rising Bank Rates Driving Crypto Lending in LatAm

Inflation, Rising Bank Rates Driving Crypto Lending in LatAm
Inflation, Rising Bank Rates Driving Crypto Lending in LatAm
September 29, 2022  |  Cryptocurrency

Some Latin Americans are turning to cryptocurrency to access credit as a way to combat the difficulty of borrowing money from traditional banks there. Get...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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New Study: 60% of US Consumers Have Cut Spending Due to Inflation
New Study: 60% of US Consumers Have Cut Spending Due to Inflation
September 27, 2022  |  Consumer 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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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Get...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). Get the...

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BoE Official Warns of Crypto’s Dire Future
BoE Official Warns of Crypto’s Dire Future
May 17, 2022  |  Cryptocurrency

Jon Cunliffe, Bank of England deputy governor, said investors in crypto should expect harder times, Reuters wrote Tuesday (May 17). Get the Full Story Complete...

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Economists Increase Chances of Recession to 28%
Economists Increase Chances of Recession to 28%
April 11, 2022  |  Economy

Economists are forecasting that there is a 28% probability that the country could fall into a recession sometime during the next 12 months, up from...

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Rate-Sensitive Retailers Getting Rocked by Rising Borrowing Costs
Rate-Sensitive Retailers Getting Rocked by Rising Borrowing Costs
April 11, 2022  |  Retail

They have survived COVID, sidestepped the supply chain, and have — so far — been able to manage their way through a multigenerational bout of...

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US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

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