loans

The Federal Reserve on Wednesday raised the federal funds rate by 25 basis points to 5.25%-5.5%, marking the highest since February 2001. The impact the Fed's interest rate hike campaign is manifold, affecting almost every aspect of consumer and personal finance, from housing to credit cards. Let's...

Distress is rapidly spreading in the U.S. commercial real estate industry, with the volume of troubled assets escalating to nearly $64 billion in the first quarter of 2023, a 10% rise from the previous quarter. This alarming trend is highlighted in a recent report from MSCI Real Assets, which also...

A recent tweet by "CarDealershipGuy" grabbed a lot of attention. About 1.84% of auto loans are now "severely delinquent," he said, citing Cox Automotive data. That's the highest rate since February 2009 — a time when the global automotive industry spiraled as a result...

There is heightened uncertainty around LendingTree Inc’s (NASDAQ: TREE) second-quarter earnings due to macro headwinds, according to BofA Securities. The LendingTree Analyst: Nat Schindler maintained a Buy rating for LendingTree, while reducing the price target from $190 to $80. The...

Over the years, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has discussed openly how close the electric vehicle company was to bankruptcy. One item that helped the company avoid bankruptcy was a “loan” from the Department of Energy (DOE), but it wasn’t a traditional loan that many...

Upstart Holdings Inc (NASDAQ: UPST) was able to beat fourth-quarter expectations despite industry headwinds, according to BofA Securities. The Upstart Holdings Analyst: Nat Schindler upgraded the rating for Upstart Holdings from Underperform to Buy, while keeping the price target unchanged at $255...

Raising funds is one of the biggest issues for nascent projects across DeFi. As the competition for investors’ funds grows, it becomes a challenge for them to attract attention and get their much-needed cash flow for development — which, in its turn, stalls the creation of viable...

SoFi Technologies Inc (NASDAQ: SOFI) is known for helping consumers get their money in order, and over the past three months, the stock has only helped. In fact, SoFi stock’s three-month return has outperformed a number of the world’s most popular retail investor stocks: AMC...

The fintech industry is booming. The sector can be broadly categorized by: Technology: AI, blockchain and distributed computing Service: Payment, fund transfer, personal finance, loans, insurance and wealth management Application: Banking, insurance and securities...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Egoras microfinance protocol has announced a V2 upgrade to amplify its services and make loans accessible to users. Many users of the...

Square Inc (NYSE: SQ) said it plans to purchase the “buy now, pay later” service provider Afterpay Limited, which is publicly listed in Australia.  What Happened: The Jack Dorsey-led company announced Sunday that it had entered into a Scheme Implementation Deed — under...

A lot has changed in the world of finance in recent years. The traditional bank loan has become harder to attain and start-up businesses have begun to look for alternative methods of raising funds.  The emergence of cryptocurrencies has brought new avenues to those looking for funding, and the...

Other than loans under the Paycheck Protection Program, JPMorgan Chase & Co. (NYSE: JPM) will not accept any other small business loan applications until further notice. What Happened JPMorgan’s consumer head Gordon Smith informed President Donald Trump on Tuesday the bank had...

Stock market indices continue to hit record highs in the United States. On Nov. 8, the Down Jones Industrial Average closed at an 18.7% increase since Jan. 1. The S&P 500 and Nasdaq closed with a 23.4% and 27.7% yearly gain, respectively. While this is a good thing for investors, what about...

LendingClub Corp (NYSE: LC) reported Tuesday first-quarter results that shows the company made "significant gains across all fronts" over the past three years, according to Wedbush. The Analyst Wedbush's Henry Coffey upgraded LendingClub from Neutral to Outperform with a price target...