Money

June 8, 2016

Auto Finance Companies Put Brakes on Subprime Lending

Executives at some of the biggest banks in auto lending said that they’re tapping the brakes on subprime lending, especially at the lower end of the […]
June 7, 2016

What are Homebuyers’ Biggest Concerns?

Homebuyers are growing more worried about competition from other buyers, but housing affordability remains their top concern, according to a new survey by the real estate […]
June 6, 2016

Big Banks Warn of Slipping Credit

The heads of several big banks warned of looming deterioration in their loan books at a recent industry conference.  In the years following the crisis, asset […]
June 3, 2016

No Rest for the Weary: More Americans Working Past 65

Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the highest number […]
June 2, 2016

Consumer Borrowing Surges at Fastest Pace Since 2001

Household borrowing surged in March at the fastest pace since November 2001 as financing for automobiles picked up and Americans’ outstanding credit-card debt soared.  The $29.7 billion […]
June 1, 2016

Are Banks Having an Identity Crisis?

The question is so simple it seems silly: What is a bank?  A bank pools savings and then allocates that capital. Simple, right? But that’s just […]
May 31, 2016

Getting to Know You: What Banks Should Know About Millennials

Banks have a hard time figuring out millennials, those born between the early 1980s and 2000. Many millennials don’t remember a world without the Internet, plenty […]
May 27, 2016

What Should You Spend on a Home?

Since the 2008 financial crisis (fueled in large part by a real estate bubble), regulations have been put in place to cut down on predatory lending, […]
May 26, 2016

Companies Still in Debt Despite Inflated Balance Sheets

Combining all of the corporate cash in the U.S. wouldn’t cover the $1.8 trillion of corporate debt that’s coming due in the next 5 years, according […]