Black Friday Spending Was Strong. How People Pay for Gifts Is Upending Retailers.

[ad_1] Updated Nov. 26, 2023 2:50 pm ET Retailers aren’t just having trouble getting shoppers to buy sweaters and other holiday items this season. Store credit cards are also a…

Big Banks Stay Cautious as Stress Doesn’t End With a Test

[ad_1] The largest banks fared relatively well in the Federal Reserve’s stress scenarios, but they are still being conservative with buybacks. [ad_2] Source link

Online Banks Are Winning the Deposit War

[ad_1] Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. [ad_2] Source link

Why Spending Less May Be Good News for Card Companies

[ad_1] Investors in card lenders should be happy to see consumers not overspending. [ad_2] Source link

WSJ News Exclusive | Walmart Sues Credit-Card Partner Capital One

[ad_1] WSJ News Exclusive Business Retailer is seeking to end the two companies’ credit-card partnership early [ad_2] Source link

Bank Stocks Slump Ahead of Fed Rate Decision

[ad_1] Markets Finance PacWest shares fall 10% after the bank said it borrowed billions after a steep fall in deposits [ad_2] Source link

Biggest Banks Shed Billions As Credit Suisse Decline Fuels Selloff

[ad_1] JPMorgan, Bank of America, Citigroup and Wells Fargo have lost about $91 billion in market value over the past week. [ad_2] Source link

IT Job Market Shrinks for First Time in Over Two Years

[ad_1] The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers…

Banks Brace for More Consumers to Fall Behind on Their Loans

[ad_1] Delinquencies are rising, in some cases surpassing prepandemic levels, prompting banks to add to their rainy-day funds. [ad_2] Source link

WSJ News Exclusive | Banks Plan Payment Wallet to Compete With PayPal, Apple Pay

[ad_1] WSJ News Exclusive Finance Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout [ad_2] Source link