by Cole Gottlieb | Nov 5, 2023 | Blog
Happy Sunday, Fed holds rates steady. Job market exceeds expectations. Most Americans get 3% or less on savings. Borrowers struggle to keep up with card payments. Charlie raises $16Mn Series A. Monzo in talks for fresh funding as it eyes IPO. BNPL Zilch scores eBay...
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 | Jun 18, 2023 | Blog
Happy Sunday, Inflation cools. Fed pauses on rate hikes. Renters get a break. CFPB pushes ahead with open banking rules. FIS acquires BaaS platform Bond. Lower credit card late fees are no free lunch. PayPal SMB lending fills bank branch gap. Pagaya announces seventh...
by Cole Gottlieb | May 21, 2023 | Blog
Happy Sunday, Fed officials warn a long way to go on inflation. Consumer debt rises, with signs of stress emerging. Senators blame ‘fatal’ mismanagement for SVB, Signature failures. Fed’s Barr pushes for capital reforms. Dems urge Supreme Court to preserve CFPB...