by Cole Gottlieb | Feb 19, 2023 | Blog
Happy Sunday, U.S. retail sales rose sharply in January. Some Fed officials are floating the idea that rates may need to go even higher – and the bond markets seem to agree. President Biden will appoint current Fed Vice Chair Lael Brainard as his top economic advisor;...
by Cole Gottlieb | Feb 12, 2023 | Blog
Happy Super Bowl Sunday, Strong employment numbers could mean higher rates for longer. Housing market thaws. Biden calls for “junk fee” crackdown. Banks push back on credit card late fee cap. Treasury Prime raises Series C. Blip Labs raises $2.1Mn for embedded bill...
by Cole Gottlieb | Feb 5, 2023 | Blog
Happy Sunday, Fed rate hike pace slows – but will continue. Consumer spending falters. Custodia’s master account bid blocked. CFPB announced proposed credit card late fee rule. Stripe looking to raise $3Bn at substantial valuation cut. Sunstone and Moov raise rounds....
by Cole Gottlieb | Jan 29, 2023 | Blog
Happy Sunday, Slower rate hikes. Home sales pickup, a little. Debt ceiling showdown looms. Fed probes Goldman’s Marcus. Sanctions startup raises $45Mn. B2B BNPL company raises $100Mn. DailyPay announces fresh funding. Banks plan their own digital wallet. Rich...
by Cole Gottlieb | Jan 22, 2023 | Blog
Happy Sunday, Retail sales, PPI fall in signs of slowing economy. OCC warns big banks might be “too big to manage.” CFPB sets sights on cross-border fees. Tabby, BNPL for MENA, raises $58Mn. Signature taps FHLB funding. Tech and banking layoffs continue. New here?...
by Cole Gottlieb | Jan 15, 2023 | Blog
Happy Sunday, Inflation finally shows signs of cooling. But, some analysts warn it could stay higher for longer than the markets are predicting. Some on the Fed agree. CFPB’s 2023 agenda: fees. Butter raises a $22Mn Series A. Crypto on-ramp Wyre is back from the dead....