Federal Reserve Cuts Interest Borrowing Rate
The Federal Reserve’s Open Market Committee, in an eight to two vote, decided to cut the borrowing rate by a quarter of a point.
August 1, 2019 Federal Reserve Bank nadine
The Federal Reserve’s Open Market Committee, in an eight to two vote, decided to cut the borrowing rate by a quarter of a point.
The Federal Reserve Open Market Committee met and decided to maintain the current rates.
The Wall Street Journal reported that a group of investors is attempting to take the Hudson Bay Company private in an attempt to save iconic department stores Saks Fifth Avenue and Lord and Taylor.
The Federal Reserve Open Market Committee met yesterday and determined that because of the strong labor market and solid economic activity, the interest rate will remain the same.
Analysis of S&P 500 2018 earnings transcripts shows fading exuberance among corporate executives as the year progressed, according to Gartner.
The number of women-owned businesses that applied for funding in 2018 increased by 13%, although their funding amounts went down, according to an annual study of women-owned companies by Biz2Credit.
Loan application volume and approvals rise for banks, institutional lenders and alternative lenders
The PNC Financial Services Group, Inc. (NYSE: PNC) announced that it received approval from the Federal Reserve today to repurchase up to an additional $900 million in common shares through the end of the second quarter of 2019.
Interest among middle market companies in both buying and selling has increased significantly in the past year, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook.
According to a Conference Board Survey, expectations for future business conditions remain relatively high, despite drop in consumer confidence.