Fed Holds Rates Steady, Hints at Future Cuts

The Federal Reserve Open Market Committee met and decided to maintain the current rates.

Hudson Bay Attempts to Go Private to Save Saks, Lord & Taylor

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.

Fed Keeping Rates Steady Due to Strong Labor Market

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.

Gartner: U.S. Companies Prepare for Potential Recession

Analysis of S&P 500 2018 earnings transcripts shows fading exuberance among corporate executives as the year progressed, according to Gartner.

Biz2Credit: Women-Owned Business Revenue Rises, Funding Amounts Drop in 2018

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.

Big Banks Hit Record High Small Business Loan Approval Percentages in October

Loan application volume and approvals rise for banks, institutional lenders and alternative lenders

PNC Announces $900 MM Increase To Authorized Share Repurchases

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.

Economic Optimism Fuels 2018 Middle Market M&A Scene

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.

Conference Board: Future Business Conditions Remain High

According to a Conference Board Survey, expectations for future business conditions remain relatively high, despite drop in consumer confidence.

Real U.S. GDP Up 3.3% in Q3/17

Real gross domestic product increased at an annual rate of 3.3% in Q3/17 according to the Bureau of Economic Analysis.