Top Stories
Auto loan delinquencies are rising as used car values fall, leaving borrowers underwater and lenders facing shrinking recovery rates on repossessed vehicles.
A federal court blocked the CFPB’s $8 late fee cap before it took effect. With credit card debt above $1.1 trillion, the legal fight has real stakes for millions of cardholders.
Municipal bond defaults are rising as cities miss revenue targets. Smaller issuers and retail investors face growing credit risk as reserve buffers dry up.
Nonprofit hospitals face growing legislative pressure to justify billions in annual tax exemptions, with states and Congress questioning whether charity care spending matches the subsidy.
Private credit funds have raised over $1.4 trillion, displacing banks as middle-market companies seek faster, more flexible financing solutions.
A federal court blocked the CFPB’s $8 late fee cap before it took effect. With credit card debt above $1.1 trillion, the legal fight has real stakes for millions of cardholders.
Municipal bond defaults are rising as cities miss revenue targets. Smaller issuers and retail investors face growing credit risk as reserve buffers dry up.
Nonprofit hospitals face growing legislative pressure to justify billions in annual tax exemptions, with states and Congress questioning whether charity care spending matches the subsidy.
Auto loan delinquencies are rising as used car values fall, leaving borrowers underwater and lenders facing shrinking recovery rates on repossessed vehicles.
State legislatures are advancing payday loan rollover bans as federal regulation stalls. Here’s what the laws do, where they’re gaining ground, and what borrowers face.
A solar panel glut driven by Chinese oversupply is crushing installer margins across the Sun Belt, exposing a business model built on hardware markups that no longer exist.
Hiring freezes at major U.S. seaports are spreading as cargo increasingly reroutes to inland hubs, hitting casual dock workers hardest. The jobs aren’t disappearing – they’re moving.
USPS losses deepen as parcel volume plateaus and first-class mail keeps falling. The agency’s financial buffers are shrinking with no clear fix in Congress.
