credit

Wall Street is at it again: pricing in a recession, but not everyone's on board. According to JPMorgan's Nikolaos Panigirtzoglou, U.S. markets are sending mixed signals about the economy's future. While small-cap stocks, bond yields and base metals are flashing red, credit markets are staying cool...

Billionaire investor Howard Marks has highlighted the shifting investor sentiment toward credit investments amid the ongoing downfall in the equity markets. In his latest memo, he underscores how private debt offers higher returns than the S&P 500 index amid elevated valuations. What Happened:...

American consumers are bracing for a tighter credit environment, expecting more stringent lending criteria in the near future. This anticipation comes as major credit companies move to adjust their fee structures, potentially impacting consumer spending and the broader economy. What Happened: The...

The recent move by First Citizens Bank into cannabis banking stands as a landmark development, reshaping the way financial institutions interact with the cannabis industry. By extending a $1 million line of credit to MC Nutraceuticals, known for its extensive array of hemp-derived cannabinoid...

The U.S. Supreme Court is scheduled to hear a case on Tuesday concerning the funding structure of the Consumer Financial Protection Bureau (CFPB), the agency created following the 2008 financial crisis to protect consumers from predatory lending and other deceptive practices. Central to the case,...

Capital One Financial Corp (NYSE:COF) is slated to issue its second-quarter earnings report on Thursday after the market closes. Investors will use Capital One's earnings print as a way to gauge the health of the U.S. consumer economy, using indicators like the provision for credit losses and net...

High-yield bonds issued by American and European corporations are considered attractive assets since they offer above-average yields at cheap prices, according to Oaktree Capital Management's most recent credit market outlook. The asset management firm specializing in...

AMC Entertainment Holdings, Inc. (NYSE: AMC) shares are advancing Friday, reversing some of the previous two session's losses. What Happened: AMC's credit rating received a two-notch upgrade from S&P Global Ratings, premised on the view that there is now "a path to a sustainable...

An inquiry has found that Apple Inc (NASDAQ: AAPL)-branded credit card does not discriminate against women when it comes to the credit limit, Bloomberg reported Tuesday. What Happened: The Apple Card, which is underpinned by Goldman Sachs Group Inc (NYSE: GS), didn't put women at a disadvantage...

The Walt Disney Company (NYSE: DIS) has entered a $5 billion credit agreement, it disclosed in a filing with the Securities and Exchange Commission on Monday. What Happened The credit line agreed to on April 10 will be valid for a year, according to the SEC filing, and can be extended for another...

It's crucial to rebuilding your credit in order to get approved for future credit cards, loans, and even to have lower interest rates. If you're struggling to find a bank that will approve you for a credit card while you rebuild your credit, consider getting an unsecured card for bad credit...

Mastercard Inc (NYSE: MA) branded credit cards will undergo a face-lift as several future cards will only include the iconic red and yellow circles, the company said in a press release. What Happened Mastercard said Monday select new credit cards will feature solely the "Mastercard Symbol...

Shares of Elevate Credit Inc (NYSE: ELVT), a provider of online credit solutions for non-prime consumers, plummeted 38 percent following its third-quarter earnings report. The company highlighted an "unexpectedly challenging" quarter, including "delays in rolling out new technology...

The recent massive security breach at Equifax Inc. (NYSE: EFX) exposed sensitive financial information of roughly half of the entire population of the United States. Equifax is one the three major for-profit companies that compile financial information to provide reports on consumer credit...

Analysts at Deutsche Bank expressed concerns over the U.S. consumer credit market, but that doesn't necessarily mean there aren't opportunities for investors looking for exposure to credit card providers. Deutsche Bank's David Ho commented in a research report Monday that consumers are still in a "...