by Cole Gottlieb | Feb 4, 2024 | Blog
Happy Sunday, The Fed held rates steady, but don’t expect cuts soon. Consumer confidence improved. Job openings rose. Blue Ridge and Choice hit with regulatory enforcement actions. Apple celebrates a 12Mn user milestone. Upgrade and FairPlay partner. Amazon teams up...
by Cole Gottlieb | Jan 28, 2024 | Blog
Happy Sunday, Consumers lean on their credit cards. The CFPB targets “junk fees”. DailyPay raises $175Mn. ModernFi raises $18.7Mn. Sunbit secures new debt facility. Klarna targets IPO, rolls out subscription service. TransUnion credit data. Earnings season continues....
by Cole Gottlieb | Jan 21, 2024 | Blog
Happy Sunday, The Fed’s Beige Book showed relatively benign economic conditions, all things considered. The CFPB dropped a new proposed rule on overdrafts. Kashable raised a $25.6Mn Series B round. Pier raised a $2.4Mn seed round. Circle filed confidentially to IPO....
by Cole Gottlieb | Jan 14, 2024 | Blog
Happy Sunday, Price hikes continue to slow. The Fed could start cutting rates by March. Bitcoin ETF gets SEC nod (really). New York Gov. proposes BNPL law. FloatMe in trouble with the FTC. Montana AG says EWA isn’t a loan. Revolut faces potential class action. Arc...
by Cole Gottlieb | Jan 7, 2024 | Blog
Happy New Year, Welcome to 2024 – hopefully you enjoyed some time off over the holidays (we did!) and are ready for the new year. FOMC meeting minutes suggest rate hikes are done. Job listings continue to normalize. Bank trade groups push CFPB to take stronger stance...
by Cole Gottlieb | Dec 24, 2023 | Blog
Happy Holidays! More auto borrowers are underwater. Forty percent of federal student loan borrowers still not making payments. U.S. Bank consent order. Student banking and overdraft reports. Consumers using BNPL to avoid hit to credit reports. Commercial real estate...