The Federal Reserve just made corporate cash strategic again. The Fed on Wednesday (Sept. 16) raised its benchmark interest rate by a quarter percentage point, bringing the federal funds target range to 3.75% to 4%. It was the central bank’s first increase since 2023, approved...
The Federal Reserve on Wednesday (Sept. 16) raised the target range for the federal funds rate by a quarter percentage point to 3.75% to 4%, saying inflation remains elevated. In its accompanying implementation decision, the Fed raised the interest rate paid on reserve balances to...
Corporate cash forecasting was easier to tolerate as an imperfect discipline when idle cash earned almost nothing. After all, for most of the zero-rate era, an imperfect cash forecast was an operational nuisance. But in 2026, it can be an earnings leak. According to a...
Several banking associations filed an amicus brief Tuesday (July 28) supporting a case that challenges an Oregon law (House Bill 4116) that caps interest rates charged by out-of-state banks, according to a Wednesday (July 29) blog post by law firm Ballard Spahr. The amicus brief...
November 19, 2025
Buy now, pay later (BNPL)’s rapid expansion across retail, travel, healthcare and even everyday essentials has made it one of the fastest-growing credit products in the United States, but its growth is increasingly shaped by changing legal and regulatory boundaries. Legal and Regulatory Questions Remain Unsettled Lending laws are a key determinant of BNPL providers’ […]
August 04, 2025
For decades, homeownership has stood as the bedrock of the American dream — a symbol of prosperity, stability, and upward mobility. But for millions of U.S. households in 2025, that...
June 24, 2025
Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though when, and how much of,...
May 15, 2025
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 uncertainty, rising interest rates and...
October 01, 2026
Merrill Lynch has reportedly agreed to settle a lawsuit accusing it of underpaying brokerage customers. The Bank of America-owned brokerage will pay $39 million in the settlement, Reuters reported Wednesday (Sept. 30), citing court documents. The class action suit accused Merrill of paying brokerage customers near-zero interest rates rather than market rates on idle cash sitting in retirement accounts, […]
July 30, 2026
Several banking associations filed an amicus brief Tuesday (July 28) supporting a case that challenges an Oregon law (House Bill 4116) that caps interest rates charged by out-of-state banks, according...
June 18, 2026
Citigroup changed its expectations for a Federal Reserve interest rate cut, Reuters reported Thursday (June 18). The banking giant is a “longstanding Fed dove” among big brokerages, the report said....
May 27, 2026
Lower-income Americans are facing high levels of economic insecurity and financial strain, according to the Federal Reserve Bank of New York. These pressures have contributed to consumer sentiment dropping to...
