U.S. Consumer confidence is declining as the election nears. The survey showed a continuing frustration with high prices.
U.S. Consumer confidence is declining as the election nears. The survey showed a continuing frustration with high prices.
Goldman Sachs this month sold $475 million of public asset-backed securitization, or ABS, bonds backed by loans the bank makes to fund managers that tide them over until cash from investors comes in. The first-of-its-kind deal is a lucrative byproduct of the New York bank’s push into loans to investment firms, such as these so-called capital-call lines.
Some 64% of job-switchers got a raise, but only 44% maintained or increased their 401(k) savings rate.
Rapid growth over the past decade has fueled the private credit industry’s rise into a $1.7 trillion market.
By 2022, 53%—more than half of all U.S counties—drew at least a quarter of their income from government aid.
Income generated from money markets surged to more than $27 billion in August, a record on an inflation-adjusted basis going back to 1990.
The gap between food-price and wage inflation between the end of 2019 and the second quarter of this year was roughly four percentage points.
Apollo Global Management Inc. clinched $5 billion in fresh firepower from BNP Paribas SA as it looks to grow its private lending business.