Interest Rates

China Clamps Down On Online Micro-Lenders

China Clamps Down On Online Micro-Lenders
China Clamps Down On Online Micro-Lenders
December 01, 2017  |  Loans

The Chinese government’s financial regulators have distributed new rules to local governments, targeting the fast-growing online micro-lending industry. Get the Full Story Complete the form...

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Stock Market Takes To Banks, Retreats From Tech
Stock Market Takes To Banks, Retreats From Tech
November 30, 2017  |  Fintech Investments

Merely a rotation – or something more? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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BOA Pays $66.6M To Settle Overdraft Fees Lawsuit
BOA Pays $66.6M To Settle Overdraft Fees Lawsuit
November 03, 2017  |  Legal

Bank of America has reached a settlement in a lawsuit over extended overdraft fees, agreeing to pay consumers $66.6 million. Get the Full Story Complete...

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Corporate Bond Sales Speed Past $1 Trillion
Corporate Bond Sales Speed Past $1 Trillion
September 11, 2017  |  B2B Payments

Corporate treasuries are continuing to take advantage of low interest rates, leading to a surge in sales of high-grade U.S. corporate bonds, according to reports in...

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Consumer Spending For July Slightly Under Expectations
Consumer Spending For July Slightly Under Expectations
September 01, 2017  |  Consumer Finance

The Commerce Department said consumer spending in the U.S. saw a uptick that was slightly under what was expected in July, while the annual rate...

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Fed Holds Line on Rate Hikes, But Concerns Linger
Fed Holds Line on Rate Hikes, But Concerns Linger
August 02, 2017  |  Economy

Last Wednesday, at its most recent meeting, the Federal Reserve held back on raising interest rates.  The move, or in this case, non-move, had been...

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A Third Rate Hike May Not Happen Given June CPI Results
A Third Rate Hike May Not Happen Given June CPI Results
July 17, 2017  |  Economy

The likelihood of the Federal Reserve raising interest rates for a third time this year is diminishing, given consumer prices that didn’t change in June...

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JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

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Americans’ Love Affair With Their Smartphones May Keep Inflation Low
Americans’ Love Affair With Their Smartphones May Keep Inflation Low
June 22, 2017  |  Mobile

The obsession Americans have with their mobile phones and apps may play a role in the slow pace of inflation, reported Reuters. Get the Full Story...

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