by root | Dec 13, 2023 | Insurance
NEW YORK (Reuters) – Profits at the biggest U.S. consumer lenders are likely to rise in the third quarter, in contrast with investment banks still facing a dealmaking slump, analysts said. JPMorgan Chase, which kicks off earnings for big U.S. lenders Friday,...
by root | Aug 23, 2023 | Insurance
U.S. stock markets are facing volatility in August. On Jul 26, the Fed raised the benchmark lending rate by 25 basis points to the range of 5.25-5.5%. This marked the highest range of the Fed fund rate since March 2001. The central bank reinitiated the rate hike...