Business

September 9, 2016

Shifting Gears: Used Cars Popular with Prime Buyers

Car buyers with the best credit records are shifting gears, with more of them taking out loans for used vehicles instead of new ones. That’s one […]
August 30, 2016

The Evolving Threat of EMV Card Fraud

Chip-and-PIN cards are here to stay in the U.S. – despite some pushback from banks and retailers alike. While the switch means better protection for consumers […]
August 26, 2016

Why are Cities and States Reluctant to Borrow?

Wall Street is urging governments to invest in big-ticket infrastructure projects. Voters and public officials have a different message: not so fast.  Plunging global interest rates […]
August 22, 2016

What is ‘Negative Wealth?’

Most people have some debt – payments to make, loans to pay back. But for some Americans, debt has gotten to an extreme and dire level: […]
August 18, 2016

Banks Team Up to Fight (Cyber) Crime

Big banks are revving up efforts to combat cybercriminals targeting the financial-services industry.  Eight of the largest U.S. banks are forming a group that seeks to […]
August 17, 2016

Home Purchase Sentiment Index at All-Time High

Fannie Mae recently reported  that the Home Purchase Sentiment Index rose 3.3 points in July to 86.5, an all-time survey high. An increase in the survey […]
August 15, 2016

Commercial Mortgage Market Still Volatile

Lenders already beset by several issues, including economic and political uncertainty and regulatory pressure to pull back from the commercial real estate market, will be required […]