Source: federalreserve.gov
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey...
Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. As Bloomberg News reported Sunday (Oct. 29), officials from the U.S. central bank...
Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...
The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In...
The Federal Reserve will meet Wednesday (Oct. 25) to tackle merchant debit card fees. As a report by Reuters notes, analysts expect the central bank will propose...
The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...
The initial public offering (IPO) market, which had shown signs of rebounding, is now facing challenges due to factors like the conflict in the Middle...
Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest...
The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. With...