Interest Rates

Fed Rate Hike Hits Consumer Confidence

Last week brought a confluence of economic headlines that are slated to hit the consumer right where it hurts: the wallet – and perhaps the...

Turkey’s Central Bank Raises Rate Credit Card Lenders Can Charge

Turkey’s central bank announced effective in October it is raising the maximum interest rate credit card lenders can charge. Get the Full Story Complete the...

Ten Years On, Banking’s Post-Crisis Evolution

A decade is a favorite demarcation point in taking stock and looking forward, in looking at where something has been, where it is and where...

A decade is a favorite demarcation point in taking stock and looking forward, in looking at where something has been, where it is and where...

Swedish Krona Continues To Fall Amid Other Currency Upheavals

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid...

Moody’s Sounds Warning Over America’s Corporate Debt

Moody’s Analytics’ chief economist Mark Zandi is sounding the alarm over a surge in corporate debt among a concentrated group of U.S. corporations, MarketWatch reported on...

Goldman Sachs’ Marcus Jumps Across The Pond

Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said...

Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows

Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. Get the Full Story...

CashCall, Courts And California’s Increasingly Confusing Lending Market

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the...