The Fed: No sign of a credit crunch: Banks lend more money and deposits rise, too
Banks increased lending last week and deposits rose for the first time in a month, showing little evidence of an emerging credit crunch in the U.S. banking system.
The furniture maker said that a “lagging” housing market, rising interest rates, and other headwinds contributed to lower sales.
Bond yields nudged higher early Thursday, remaining within the week’s tight range as traders kept powder dry ahead of inflation...
Easter sales will total $22.4 billion in 2024, according to the National Retail Federation — a 7% decline from last...
Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as...
The movie-theater chain’s shares saw their largest daily percentage gain since Feb. 27.
Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that...