Interest Rates

Luxury Home Slowdown Takes Toll on RH Furniture Sales

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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Fed Chair Powell Says Cryptos ‘Risky’ but Not Cause for Concern
Fed Chair Powell Says Cryptos ‘Risky’ but Not Cause for Concern
December 15, 2021  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell said in a press conference on Wednesday (Dec. 15) that he doesn’t think cryptocurrencies are a concern for financial stability,...

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Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
June 21, 2021  |  Economy

According to New York Fed leader John Williams, the U.S. Federal Reserve shouldn’t be so quick to cut off support to the still-recovering economy, the...

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People Keep Saving Despite Low Interest Rates
People Keep Saving Despite Low Interest Rates
November 13, 2020  |  Banking

Interest rates on deposit accounts are hovering at near zero percent due to the COVID-19 pandemic, but that hasn’t stopped people from socking money away....

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