Recession

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 […]
May 25, 2016

Businesses Fall Behind on Their Loans

The Board of Governors of the Federal Reserve released its delinquency and charge-off data for all commercial banks in the first quarter – and it’s very sobering data. […]
May 24, 2016

Financial Services Industry Shows Signs of Growth

The Great Recession hit the financial services industry – and the ARM companies that serve it – the hardest. Even now, this segment is still recovering; […]
May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 19, 2016

Most Americans Have Financial Regrets

It’s hard to get through life without at least one major financial regret. That’s the conclusion from a new Bankrate nationwide survey that finds only 17% […]