Slowing lending growth risks reducing a key generator of profitability for the main US banks when they report third-quarter earnings this week.
Net interest income — the difference between what banks spend on deposits and what...
Apple CEO Tim Cook wants the tech industry to take action against "fake news" stories that are polluting the web.
"There has to be a massive campaign. We have to think through every demographic," Cook said...
Following a dip in U.S. banks, Asian markets declined on Wednesday, echoing actions on Wall Street.
JPMorgan Chase, Wells Fargo, and Bank of America all saw share prices fall by 2% and 3%, respectively. The action...
Reports show debt grew to over $1 trillion in the second quarter, putting some in financial pressure before student loan payments began.
The Federal Reserve Bank of New York announced this month that Americans' credit card...
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Direct loans from private lenders are now commonplace in company financing due to the expansion of private credit. Following the Global Financial Crisis, changes in regulatory framework forced banks to turn away from private lending...
Some investors warn that buyout firms are borrowing at 19% interest rates and risking greater ramifications.
Some investors worry about industry and financial system vulnerabilities as private equity firms add more debt to their intricate borrowing...
According to Ethiopia's finance minister, post-conflict reconstruction will cost around $20 billion and will necessitate assistance from foreign organizations and investors.
"We need about $20 billion over five years," Ahmed Shide said of the amount needed...
Victoria Spartz has emerged as a House hero for the small number of Americans who actually worry about the national debt. On Monday, two days after Congress passed a stopgap budget agreement to avoid a...
Freddie Mac announced the auction sale of 3,564 non-performing residential first lien loans (NPLs) from its mortgage-related assets portfolio.
Specialized Loan Servicing LLC, Select Portfolio Servicing, Inc., NewRez LLC, d/b/a Shellpoint Mortgage Servicing, and Nationstar Mortgage...
