Consumer spending is challenged by high inflation as retail sales fall
U.S. retail sales fell in February after a surge in the prior month, suggesting consumer spending, while holding up, is ...
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Listen: Weekly Wrap discussion on Silicon Valley Bank
Silicon Valley Bank entered Federal Deposit Insurance Corp. receivership on Friday in the wake of a run on the bank. ...
US inflation stays elevated, adding pressure for more Fed hikes
US consumer prices rose briskly at the start of the year, a sign of persistent inflationary pressures that could push ...
Listen: Weekly Wrap on auto leasing, earnings
Earnings season has so far been marked by declines in lenders’ auto portfolios, while Tesla reported a decrease in leasing ...
Listen: Weekly Wrap takes on tech moves in auto finance
Auto lenders last week continued their investment in technology advancements as the industry leans into widespread digitization amid uncertain economic ...
Listen: Weekly Wrap discussion on captives’ 2Q earnings
Earnings season continued in full swing last week, with two major powersports OEMs and two U.S.-based captives reporting second-quarter results. ...
US economy posts surprise contraction, belying solid consumer picture
The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While ...
Biden team says global chip shortage to stretch through 2022
The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this ...
