When companies need a loan, traditionally they turn to a bank.But increasingly they’re turning to financial firms that are ...
In October 2025, the financial world was rocked as PrimaLend Capital Partners, a leading subprime auto lender, filed for ...
After recent and well-publicized credit issues among regional banks, analogies had been drawn in some quarters not just with ...
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The collapse of two companies could be an early warning on the state of the US financial system, according to the head of the ...
With the widespread fear of another big market crash, particularly surrounding the AI bubble, retirees are growing more ...
Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro. What Happened: The macro ...
Ray Dalio, the founder of the hedge fund Bridgewater Associates, said he is "worried about something worse than a recession" if President Donald Trump does not properly handle tariffs and other ...
The average American spends over $49,000 on a new car, with $745 in monthly payments. Roughly 1.6 million people faced reposessions last year, the highest rate since the 2008 financial crisis.
Economist Paul Krugman says U.S. consumer sentiment is much weaker than it was pre-Covid, “in fact comparable to its level at ...
Washington D.C. spending slumps at the fastest pace since 2008 as the federal shutdown stretches past 27 days, threatening ...