Economic Report: Bank lending falls for first time in a month, Fed says
Banks deposits fell slightly last week and lending also declined for the first time in a month, the Federal Reserve reported Friday.
The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.
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LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little...