Activity, Capital and Risk, Credit, Retail Banking
July 19, 2021
Via: Payments DiveAs card companies begin reporting second-quarter earnings this week, they’ll benefit from a consumer spending rebound. Still, spendthrift cardholders won’t necessarily translate into a bonanza for the card networks. The start of the COVID-19 pandemic depressed spending last year as […]
Capital and Risk, Macroeconomic
September 18, 2020
Via: Market WatchThe University of Michigan said the preliminary reading of its U.S. consumer sentiment index in September was 78.9, up from 74.1 in the prior month. Economists polled by MarketWatch expected a reading of 75.9. The sentiment indicator covers how consumers […]
Capital and Risk, Macroeconomic
November 7, 2019
Via: CNBCWeekly jobless claims have been so steady, they aren’t on many investors radar as a major report. But if this number suddenly started rising, that’s when it’s time to worry about the economy hitting the skids. So far, there is […]
Capital and Risk, Macroeconomic
September 26, 2019
Via: Market WatchThe numbers: The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic […]
September 18, 2018
Via: CNBCBanks, you’ve been warned. About two-thirds of Amazon Prime members would try a free online bank account from the e-commerce giant, according to a report from consultant Bain & Co. That’s considerably higher than the percentage of regular Amazon customers […]
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