Interest Rates

Consumers May Pull In Spending as Outlook for Credit Access Dims
Consumers May Pull In Spending as Outlook for Credit Access Dims
April 10, 2023  |  Consumer Finance

Credit is harder to come by. And that means a lifeline for consumers — and the businesses reliant upon them — is not as dependable...

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Analysts Expect 6.8% Decline in First-Quarter Earnings
Analysts Expect 6.8% Decline in First-Quarter Earnings
April 10, 2023  |  Earnings

Analysts expect S&P 500 companies to report a year-over-year 6.8% decline in first-quarter earnings. If those expectations turn out to be correct, that would be...

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Report: Climbing CPI Could Force More Fed Rate Hikes
Report: Climbing CPI Could Force More Fed Rate Hikes
April 09, 2023  |  Economy

Durable U.S. inflation last month could test the Federal Reserve. As Bloomberg News reported Saturday (April 8), upcoming government data is expected to show a 0.4% increase...

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Real-Time Data Helps CEOs Manage Economic Uncertainty
Real-Time Data Helps CEOs Manage Economic Uncertainty
April 05, 2023  |  CFO

Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,”...

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Automakers Hike Discounts as Interest Rates Chase Buyers Away
Automakers Hike Discounts as Interest Rates Chase Buyers Away
April 02, 2023  |  Consumer Insights

Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. As The Financial Times reported Sunday (April 2), data...

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Money Market Funds See Biggest Quarterly Inflows Since Q1 2020
Money Market Funds See Biggest Quarterly Inflows Since Q1 2020
March 31, 2023  |  Banking

Investors are rapidly shifting their assets into money market funds. They moved $508 billion into these cash funds during the first quarter of 2023, the...

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Bank of America Reshuffles Lending Unit Employees
Bank of America Reshuffles Lending Unit Employees
March 24, 2023  |  Banking

Bank of America has reportedly shifted some employees from its wealth management and lending unit. Fewer than 200 employees were moved out of the unit,...

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Investors and Bankers Holding Back Amid Volatility and High Rates
Investors and Bankers Holding Back Amid Volatility and High Rates
March 24, 2023  |  Banking

Investment-grade bonds, junk bonds and small business loans alike have seen little activity this month. In the wake of the March 10 collapse of Silicon...

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Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
March 23, 2023  |  Fintech Investments

Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive...

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