by Cole Gottlieb | Aug 27, 2023 | Blog
Happy Sunday, Fed officials’ expectations for future interest rates diverge. Mortgage purchase apps hit lowest level since ‘95. Cars are increasingly unaffordable. CFPB sues division of CURO on loan “churning.” Ramp raises $300Mn. Coinbase acquires minority stake in...
by Cole Gottlieb | Aug 20, 2023 | Blog
Happy Sunday, Fed officials remain concerned about inflation. Maryland issues earned wage access guidance. OneBlinc lands debt facility. Better.com crosses SPAC finish line. Bluevine hopes for IPO. PayPal names new CEO. Discover chief abruptly resigns. Fitch warns on...
by Cole Gottlieb | Aug 13, 2023 | Blog
Happy Sunday, July’s CPI print came in lower than expected. Slower hiring and rising oil prices are making the Fed’s life hard. “Novel activities” to get own supervision program. Figure withdraws bank charter app. Banks penalized for employees’ messenger use. Revolut...
by Cole Gottlieb | Aug 6, 2023 | Blog
Happy Sunday, Fitch downgrades U.S. credit. Job openings fall, as do layoffs. SEC finalizes data breach reporting rule. Croissant exits stealth with $24Mn in funding. Mercury Financial inks $200Mn debt deal. Mastercard moves to block pot payments. Bread reports...
by Cole Gottlieb | Jul 30, 2023 | Blog
Happy Sunday, The Fed resumes rate hikes, but differences among policymakers emerge. Home prices climb. Senate seeks to rein in SBA’s 7(a) expansion. FDIC warns on banks undercounting uninsured deposits. Bunq raises €44.5Mn in additional funding. FedNow is live, now...