Por: MarketWatch Business August 02, 2023
It ticked even higher to 5% for office loans, a segment of the market that’s been a worry for the Federal Reserve and t, including as prices for half-empty buildings wobble and as trillions of dollars in debt matures in a regime . See: The below chart shows the sharp uptick in office loans in commercial mortgage-backed securities deals since December. While Wall Street bond deals are backed by dozens of loans on a range of property types,... + full article
MarketWatch USA Business August 01, 2023
“So resuming student loan payments in October will subtract roughly $9 billion from consumer spending every month, or roughly $100 billion a year,” Torsten Sløk, chief economist and partner at Apollo Global Management, said in a Monday. This, he added, “will mainly have... + más
'Frustration' fuels Broncos' sideline blowup in loss | ESPN
'Frustration' fuels Denver Broncos' sideline blowup in loss | ABC News
CNBC USA Business March 09, 2023
watch nowVIDEO3:2503:25As the Fed increases tightening, credit card rates jump to record highsMore consumers are leaning on to afford increasingly expensive necessities .That helped propel total credit card debt to a record $930.6 billion at the end of 2022, an 18.5% spike from... + más
Associated Press USA Business January 28, 2023
NEW YORK (AP) — American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans. The company saw charge offs and delinquencies rise, a troubling sign for a company whose customer base... + más
AmEx profits up 3%, but still sets cash aside for downturn | ABC News
Here's the real reason why American Express gives out such big rewards | CNBC
The Boston Globe USA Nation December 29, 2022
A new coronavirus variant dubbed XBB has swiftly spreading in the Northeast, jumping from about 35 percent of cases during the week ending Dec. 17 to just over half of cases last week, according to .Here’s a quick primer on what we know about the variant.It is more... + más
Highly Immune Evasive Omicron XBB.1.5 Variant Is Quickly Becoming Dominant in U.S. as It Doubles Weekly | NBC 6 South Florida
Highly immune evasive omicron XBB.1.5 variant is quickly becoming dominant in U.S. as it doubles weekly | CNBC
Fox Business USA Business December 15, 2022
IWF Center for Economic Opportunity director Patrice Onwuka discusses the stunning drop of $13.5 trillion in household wealth this year on Fox Business Tonight. Consumer credit reporting agency TransUnion anticipates delinquency rates for credit cards and personal loans will... + más
Auto loan delinquencies rise as loan-accommodation programs end | CNBC
Credit card balances hit record high amid inflation: TransUnion | Fox Business
Forbes USA Business December 09, 2022
Credit Card Delinquencies, Charge-Offs Rise on Path to Normalization Credit card delinquencies and charge-offs rose for all six major U.S. card issuers in October. Bank executives said such a trend is expected as credit normalizes after stimulus aids wane and people come out of... + más
Leaked memo: Here's how Walmart is enticing its 1.6 million employees to sign up for its newly acquired online bank | Business Insider
CNBC USA Business November 08, 2022
In this articlewatch nowVIDEO2:4802:48Few show concerns about auto loan delinquencies amid strong job marketWith inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments.TransUnion, which tracks... + más
Should You Consolidate To Get Student Loan Forgiveness? It’s Complicated | Forbes
Excess Consumer Savings Spells More Trouble for the Fed | MarketWatch
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