US core CPI posts smallest back-to-back increases in two years
A key measure of US consumer prices rose only modestly for a second month, bolstering hopes that the Federal Reserve...
Private credit firms build cash hoards to gain share of $5.2 trillion consumer debt market
Private credit firms are raising billions of dollars to grab a share of the $5.2 trillion market that includes US consumer debt,...
KKR scoops up auto loan portfolio as regional banks shed assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial Corp., as...
Tesla replaces CFO as Kirkhorn ends 13 years at the EV maker
Tesla Inc. said Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the company, a surprise shakeup at...
US wage growth, lower unemployment underpin solid jobs market
US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor...
Aston Martin to raise £210 million from its backers to cut debt
Aston Martin Lagonda Global Holdings Plc plans to raise £210 million ($270 million) by selling new shares as the British...
US economy powers ahead, boosting chances of averting recession
The US economy shined in its latest report card, supporting calls that it can dodge recession despite the most aggressive...
Fed raises interest rates to 22-year high, leaves door open for more
The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional...
