Category: Capital and Risk

June 18, 2019

Federal Reserve officials have spoken approvingly of the idea of “insurance” interest-rate cuts that could be enough to shore up financial markets and keep the expansion on track. “Now, if you look back at Fed history– I’m not looking to […]

June 12, 2019

As the market’s conviction of a rate cut keeps growing firmer, another Wall Street bank came out defying the consensus. UBS joined Goldman Sachs in warning that the market’s expectation for a rate cut is not realistic because recent economic […]

June 10, 2019

Amazon’s newest credit card is designed to appeal to consumers who are looking to improve their credit score. It comes with an unusual structure — and some major caveats. The Amazon Credit Builder card AMZN, +3.38% will function as a […]

June 6, 2019

People buying a new vehicle are borrowing more and paying more each month for their auto loan. Experian, which tracks millions of auto loans each month, said the average amount borrowed to buy a new vehicle hit a record $32,187 […]

June 6, 2019

As indicators mount that the U.S. economy might be slowing, a key report due Friday will provide the first major glimpse of whether the labor market remained on sound footing in May — and if inflation might be starting to […]

June 4, 2019

If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill. After all, most of the signs for the economy remain […]

June 3, 2019

The Petal Visa Card V, -0.21% is geared toward people who have poor or non-existent credit. But a new rewards program launched by the card could end up becoming a roadblock for people looking to improve their credit score, experts […]

May 31, 2019

China continued to ramp up the rhetoric against the U.S. on Friday, with a former Chinese central bank chief saying that further escalation in trade tensions between Washington and Beijing could greatly hurt the global economy. “The consequence of the […]

May 29, 2019

Big automakers like Ford (F – Get Report) and General Motors (GM – Get Report) have been cranking out light trucks and SUVs over the past year at a record rate of 8 million annually. But sales haven’t kept up, […]

May 28, 2019

The average U.S. credit score hit 680 in 2018, up from 675 the year before, the report found. That’s the biggest one-year jump since 2008, but not quite back to the 685 average that year as the 2007-09 recession deepened. […]