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Banks are preparing for more customers to default on their loans

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Banks are preparing for more customers to default on their loans  The Wall Street Journal

Pension Investments in Private Equity Hit Eight-Year High

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Pension Investments in Private Equity Hit Eight-Year High  The Wall Street Journal

‘The timing couldn’t be worse’: Inflation is falling, but more people are using credit cards for emergency funds amid rising interest rates.

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Lots of text How can you afford a $1,000 repair these days? Time of dreams A number of people say they have to pay an unexpected $1,000 by using their credit card, according to a new study that shows the burden of the costs even if the cost of the prices from a four-decade high. … Read more

‘The timing couldn’t be worse’: Inflation is falling, but more people are using credit cards for emergency funds amid rising interest rates.

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Lots of text How can you afford a $1,000 repair these days? Time of dreams A number of people say they have to pay an unexpected $1,000 by using their credit card, according to a new study that shows the burden of the costs even if the cost of the prices from a four-decade high. … Read more

Direct Line Insurance Group PLC CEO Penny James is Stepping Down

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By Elena Vardon Direct Line Insurance Group PLC said on Friday that CEO Penny James will step down from the role with immediate effect. The non-life insurance company said that Chief Business Officer Jon Greenwood has been appointed as Deputy CEO while the board of directors is looking for a permanent replacement for Ms. James. … Read more

Mortgage Rates Drop to 6.13%

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Lots of text Home buyers are still worried about high mortgage rates. Mike Green/Bloomberg Mortgage rates fell for the third week in a row. The recession caused optimism for the housing market—but it may be too early to tell how it will translate for the regular spring season. The average rate on a 30-year fixed-rate … Read more