February 22, 2021
February 22, 2021
Investors’ near-insatiable demand for even the riskiest corporate debt is fueling a Wall Street lending boom, offering lifelines for struggling companies even as the coronavirus pandemic […]
February 19, 2021
February 19, 2021
Last year was a banner one for debt, but it didn’t look that way for big banks. Large lenders saw their loan books shrink in 2020 […]
February 16, 2021
February 16, 2021
Emergency lending programs have cut into the volume of traditional Small Business Administration loans, but they have also led more bankers to make bigger long-term commitments […]
September 10, 2020
September 10, 2020
The Conference Board Consumer Confidence Index fell to its lowest level since 2014 in August. This is likely due to a combination of increased COVID-19 cases […]
September 10, 2020
September 10, 2020
After setting records in 23 consecutive quarters, total household debt fell in the second quarter for the first time since 2014 as shutdowns associated with the […]
June 8, 2020
June 8, 2020
Consumer confidence has collapsed amid the coronavirus pandemic and isn’t getting a lift from states re-opening their economies, according to a new report. A Morning Consult […]
June 8, 2020
June 8, 2020
Today, the National Bureau of Economic Research said the U.S. economy peaked in February, ending the longest expansion in U.S. history at 128 months, or about […]
May 19, 2020
Spending on JPMorgan Chase & Co. credit cards plunged 40% for the average U.S. family at the start of the coronavirus slowdown, an “enormous” drop that […]
April 6, 2020
April 6, 2020
Americans increasingly were worried about losing their jobs and expected to curb their growth in spending in the wake of the coronavirus outbreak, a March survey […]