According to the Financial Times, long-term unemployment is at its highest since 2021 pandemic rates. The most recent data shows that finding a new job in the U.S. takes an average of more than 11...
Read MoreIn a press release following the Federal Reserve’s January 28th meeting, the Committee reached a decision to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent. Reasons cited include continued low job gains,...
Read MoreAccording to the Financial Times, private credit investors withdrew $7 billion from large Wall Street funds. Interest in the asset class cooled following the recent bankruptcies of First Brands and Tricolor, though the two companies were...
Read MoreAs student loan debt climbs to a record $1.7 trillion, the U.S. is tightening federal student loan lending. Limits on lending will start in July 2026, capping graduate school borrowing at $100,000 ($200,000 for professional...
Read MoreAccording to the latest Bureau of Labor Statistics economic report released on December 16, the U.S. unemployment rate climbed to 4.6% in November from 4.4% in September – the highest U.S. unemployment rate in over 4 years....
Read MoreThe Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (collectively “the agencies”) are rescinding the “Interagency Guidance on Leveraged Lending”, dated March 21, 2013, and the “Frequently Asked Questions for Implementing...
Read MoreThe WSJ reports that private credit is increasingly extending loans to U.S. consumers, complicating traditional measures of consumer credit health. As alternative lending, BNPL arrangements and privately funded lending expands, investors’ ability to assess consumer debt risk...
Read MoreOn December 10, the Federal Reserve lowered its federal funds rate rate by a quarter percentage point, to a range between 3.5% - 3.75% - its third cut this year. For the first time since...
Read MoreProspective U.S. car-buyers are shying away from higher prices in the auto industry – as average new car prices approach $50,000. Auto sales are slowing, and consumers are shifting towards more affordable models. 2025 was...
Read MoreThe U.S. office vacancy rate is sitting at a record high of 14.1% and can be attributed to a move to remote and hybrid work, according to the WSJ. Office-backed CMBS delinquencies have increased to 11.8%,...
Read MoreOn November 18, the Trump administration announced a plan to continue dismantling the U.S. Department of Education (DOE). Previous responsibilities of the U.S. DOE will be divvied up among other existing U.S. federal agencies, including...
Read MoreThe Wall Street Journal reports a recent split within the central bank as to future monetary policy. The Federal Reserve cut rates .25 basis points in September and again in October, with the current range sitting between...
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