US payrolls rise by more than forecast while wage growth cools
US hiring picked up in August and wage growth slowed, offering a mixed picture of both resilience and moderation in...
Fintech Upgrade moves into auto loans as many banks abandon them
Upgrade Inc. will offer consumer auto loans for the first time, jumping into a business that some banks have been...
US consumer confidence falls by more than forecast in August
US consumer confidence fell by the most in two years as souring views on the labor market, higher borrowing costs...
Powell signals Fed will raise rates if needed, keep them high
Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and...
Stellantis weighs tie-up with EV maker to expand in China, sources say
Stellantis NV is considering a tie-up with a Chinese electric vehicle company as Europe’s second-largest automaker by sales seeks to...
US core CPI posts smallest back-to-back increases in two years
A key measure of US consumer prices rose only modestly for a second month, bolstering hopes that the Federal Reserve...
Private credit firms build cash hoards to gain share of $5.2 trillion consumer debt market
Private credit firms are raising billions of dollars to grab a share of the $5.2 trillion market that includes US consumer debt,...
KKR scoops up auto loan portfolio as regional banks shed assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial Corp., as...
