Business

June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 25, 2018

The Hidden Costs of Student-Debt Forgiveness

Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal […]
June 22, 2018

Home Prices Outpace Pay Increases

Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared […]
June 21, 2018

Final Exams: Big Banks Expected to Pass Stress Tests

Later this month, the Federal Reserve will announce the results of the annual stress tests for banks, but one firm is already predicting banks will pass.  […]
June 20, 2018

Economy ‘Going Off a Cliff” in 2020?

Former Federal Reserve Chair Ben Bernanke confirmed what many experts are already predicting: The next recession is less than two years away.  In a recent Bloomberg […]
June 19, 2018

Leasing Business Volume Down 13%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for April was $7.9 billion, unchanged year-over-year […]
June 18, 2018

Credit Card Issuers Prepare for Darker Days

A slump in U.S. consumer credit is inevitable, and the key question is when it will arrive.  The answer has big ramifications for the $1 trillion […]
June 13, 2018

Commercial Lending on the Decline

Commercial loan demand — a big driver of profits — is in the dumps. It has been for two years, and there’s no clear sign it […]
June 12, 2018

Mortgage Delinquencies on the Mend

Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black […]