Interest Rates

Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates

Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
June 03, 2025  |  Economy

The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see...

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Capital One Reportedly Settling Savings Account Suit for $425 Million
Capital One Reportedly Settling Savings Account Suit for $425 Million
May 18, 2025  |  Banking

Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. That’s according to a report by Reuters...

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How Creative Financing and GenAI Are Changing the Homebuying Game
How Creative Financing and GenAI Are Changing the Homebuying Game
May 15, 2025  |  Real Estate

The real estate industry, like many others, is confronting structural challenges that require not only resilience but reinvention. Today’s unavoidable macro landscape is characterized by...

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Group of 30: Federal Reserve Should Focus on Inflation Target
Group of 30: Federal Reserve Should Focus on Inflation Target
April 30, 2025  |  Economy

Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that...

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Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025  |  Banking

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High...

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KeyCorp’s Commercial Payments Business Grows Despite Macro Uncertainty
KeyCorp’s Commercial Payments Business Grows Despite Macro Uncertainty
April 17, 2025  |  Banking

KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the...

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Galileo Introduces Deposit Sweep Product for FinTechs
Galileo Introduces Deposit Sweep Product for FinTechs
April 08, 2025  |  Banking

Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to...

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Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
March 10, 2025  |  Debt

The credit risk associated with large, syndicated bank loans remains moderate, although there are some continuing trends in weakened credit quality, three federal bank regulatory...

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