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Category: Capital and risk


Capital and risk, Macroeconomic

Fed Keeping Rates Steady Due to Strong Labor Market

May 2, 2019

Via: ABF Journal

The Federal Reserve Open Market Committee met yesterday and determined that because of the strong labor market and solid economic activity, the interest rate will remain the same. The FOMC issued a statement, explaining, ”On a 12-month basis, overall inflation […]


Capital and risk, Credit

Deutsche Provides $100MM Revolver for Newtek

May 2, 2019

Via: ABF Journal

Newtek Business Services, a joint venture with a subsidiary of BlackRock TCP Capital, closed a $100 million senior-secured revolving credit facility with Deutsche Bank. The new facility includes a $100 million accordion feature, allowing the JV to increase the borrowing […]


Capital and risk, Credit

Weekly mortgage applications drop 4.3%, despite lower interest rates

May 1, 2019

Via: CNBC

It may be the heart of the spring housing season, but the mortgage market isn’t seeing big business. Mortgage application volume fell 4.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was […]


Capital and risk, Macroeconomic

Stephen Moore says the decline in ‘male earnings’ is a big issue for the economy

April 30, 2019

Via: CNBC

The drop in earnings for men is the biggest challenge facing the economy, according to Stephen Moore, the man President Donald Trump has said he wants to nominate to the Federal Reserve board. Speaking Tuesday with CNBC’s “Squawk Box, ” […]


Capital and risk, Credit

New Yorkers are not happy over sneaky credit card surcharges

April 29, 2019

Via: Market Watch

New York City just got more expensive and almost no one noticed. A long-running court battle that ended in January gives New York merchants the right to charge extra for credit card purchases as long as the pricing is clear. […]


Capital and risk, Macroeconomic

April business survey predicts slower pace of economic growth in the US

April 29, 2019

Via: CNBC

A survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the […]


Capital and risk, Macroeconomic

Economy grows 3.2% in first quarter, GDP shows, much stronger than anticipated

April 26, 2019

Via: Market Watch

The numbers: Reports of the demise of the U.S. economy proved unfounded as first-quarter activity showed surprising strength. The U.S. economy expanded at a 3.2% annual pace in the first three months of 2019, the government said Friday. The gain […]


Capital and risk, Macroeconomic

Trump’s Economy, Recently Swooning, Now Seems to Be Going Swimmingly

April 25, 2019

Via: TheStreet

All of a sudden, President Donald Trump’s economy is looking more like a miracle than a mirage. A U.S. government report Friday is expected to show that gross domestic product, or GDP — the most basic gauge of economic output […]


Capital and risk, Liquidity

Maybe inflation is not dead as many major companies say they are raising prices

April 24, 2019

Via: CNBC

Companies seem to be talking a little bit more about how price increases are helping profits, an early sign that more inflation could be seeping into the economy. “It’s not bad. [Prices] are sticking a little bit. Anecdotal evidence is […]


Capital and risk, Macroeconomic

Trump advisor Hassett expects economy to defy earlier doomsday predictions with 3% growth

April 22, 2019

Via: CNBC

Stronger economic data recently signals a continuation of the 3% GDP growth rate, Kevin Hassett, an economic advisor to President Donald Trump, said Monday on CNBC. “The first quarter is usually a little bit low. I think there’s almost more […]