Category: Capital and Risk

January 16, 2020

Since the National Consumer Assistance Plan went into effect in 2017, public records must meet strict requirements to appear on consumer credit reports. Civil judgments and tax liens do not meet these new requirements, so they were removed from credit […]

January 15, 2020

Americans’ credit scores continue to improve. But credit scores don’t tell the whole story of how consumers are faring financially. A new report from Experian EXPN, +1.46% found that the average FICO Score in the U.S. reached an all-time high […]

January 13, 2020

As long as Americans keep spending, the economy is all but certain to sidestep a recession in 2020 for a record 11th straight year. The crucial question is, can they? And the answer seems to be, quite clearly, yes. What’s […]

January 10, 2020

Gold futures traded slightly lower Friday, heading for the longest losing skid in more than two months after the monthly U.S. employment report helped to solidify a rally in equities and away from so-called havens, as Middle East tensions ease. […]

January 9, 2020

The U.S. economy probably added enough new jobs last month to push employment gains in 2019 above 2 million for the ninth straight year, but the pace of hiring is slowing. Here’s what to watch in the U.S. Labor Department’s […]

January 9, 2020

As investors sought safety in the bond market as a potential conflict with Iran emerged this past week, mortgage rates dropped to their lowest level since October. The 30-year fixed-rate mortgage averaged 3.64% during the week ending Jan. 9, down […]

January 2, 2020

The history of credit and lending to business customers dates right back to Mesopotamia when the very first payday loans were used by farmers and the code of Hammurabi defined how the interest charged on silver loans was to be […]

January 2, 2020

U.S. Treasury yields slipped Thursday in the first trading session of 2020, even though investors were scooping up risk assets such as equities as fears of a global economic slowdown diminished and investors remained optimistic about a partial resolution of […]

December 30, 2019

The past year saw digital lenders enhance their product suites beyond credit, as big banks focused on adding features to their digital platforms to keep customers in their ecosystems, S&P Market Intelligence reported in a December research note. Lenders move […]

December 20, 2019

The numbers: The pace of growth in the U.S. economy was left at 2.1% in the third quarter, as strong consumer spending was offset by weaker business investment in inventories, in the final estimate from the Commerce Department on Friday. […]