Banks are preparing for more customers to default on their loans

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

Pension Investments in Private Equity Hit Eight-Year High

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.

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.

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

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%

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