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Millennials have helped take credit-card popularity back to full throttle. Banks are getting nervous and starting to crack down.
The US credit-card party has roared back to full throttle, thanks in part to millennials. But banks are tightening up who they'll let open accounts.
An ‘Achilles’ heel’ in credit markets means fund managers are bracing for a recession — here’s how they’re adjusti...
Fund managers at a Moody's conference are growing wary that a US recession might happen in the next year and are tweaking their portfolios to prepare.
Home sales continue to get whacked, falling to a 3-year low, and an increase in mortgage delinquencies is looming
The housing market got more bad news this week, as existing-home sales fell again in January, hitting a three-year low.
Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing
The US housing market took a dark turn in 2018 as homebuying fell off a cliff and lenders saw a drop-off in applications, originations, and profits.
Uneven income gains and rising interest will affect some households' ability to buy things and hurt retailers' growth in 2019, Moody's says.
Despite the recent slump, Moody's cites "improved product positioning" in AMD's personal-computing business as well as custom chip uses like video games, which rely heavily on graphics cards for fast-processing and smooth rendering.
Writing to clients Friday, Morgan Stanley said its new negative outlook which accompanies the downgrade to Baa3 from Baa2 — one notch above a junk rating — means "there is still enough time to execute," but comes with a glaring warning: "we just wish we knew the plan."
‘The severity of the dispute is unprecedented’: Qatar has spent $40 billion countering the Saudi-led blockade
Moody's said Qatar spent nearly $40 billion in the first two months of the dispute, and is now paying 10 times more to import food and medicine under new deals.
The UK could lose its Aa1 rating if "core elements of the UK's current access to the EU single market" are lost through Brexit, said Moody's.