July 10, 2018
July 10, 2018
Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018
July 9, 2018
As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]
June 29, 2018
June 29, 2018
The share of consumers confident that it wouldn’t be difficult to obtain a mortgage in the current market shot up 10% from a quarter ago, according […]
June 28, 2018
June 28, 2018
Although unemployment is near a historic low, wage growth continues to threaten U.S. economic recovery, according to a recent CNN report. The Bureau of Labor Statistics’ […]
June 27, 2018
Banks across the U.S. have closed nearly 9,000 branches this decade. Yet many smaller banks are in building mode, a sign that broader economic growth is […]
June 26, 2018
June 26, 2018
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 22, 2018
June 22, 2018
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
June 21, 2018
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
June 20, 2018
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 […]