Mark Arnold

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Articles

Rent and mortgage spending accelerated in May, Barclays finds

Jun 5, 2024 | inkl.com | Mark Arnold

PA ArchiveAnnual growth in spending on rent and mortgages accelerated in May, rising by 6.3%, according to a major bank’s analysis of its current accounts. This was faster than a 3.6% annual rise recorded by Barclays in April. The data was sourced using Barclays current account transactions which were identified as direct debits and bank transfers going to mortgage lenders and private landlords.
Ava Ballweg versus Aquinas

Jun 4, 2024 | hngnews.com | Mark Arnold

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed...
Adesyn Young vs. Aquinas

Jun 4, 2024 | hngnews.com | Mark Arnold

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed...
Ava Ballweg

May 21, 2024 | hngnews.com | Mark Arnold

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed...
The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says

May 6, 2024 | cuinsight.com | Jennifer Sor |Lauren Culp |Jamie Conrad |Mark Arnold

The economy is bound to enter a downturn if the Federal Reserve delays cutting interest rates, according to Marija Veitmane, the head of equity research at State Street Global Markets. The Wall Street vet warned of an impending economic crash if the Fed doesn’t ease monetary policy soon. Higher interest rates are already taking a toll on economic strength, she noted, even if looked fine last quarter. “Delaying cuts has real economic impact.
Schneider pitches against Sauk Prairie

Apr 17, 2024 | hngnews.com | Mark Arnold

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed...
NY Fed finds mixed outlook for inflation expectations in March

Apr 8, 2024 | cuinsight.com | Michael S. Derby |Lauren Culp |Sydney Isabelle Mayer |Mark Arnold

Americans’ outlook for inflation was mixed last month amid expectations for bigger prices rises across a range of key goods and services, as worries about missing debt payments mounted, a report from the Federal Reserve Bank of New York said on Monday. The bank found in its March Survey of Consumer Expectations that the public sees inflation a year from now at 3%, unchanged from the prior month.
JPMorgan’s Jamie Dimon is worried about ‘stickier inflation and higher rates’

Apr 8, 2024 | cuinsight.com | David Hollerith |Lauren Culp |Sydney Isabelle Mayer |Mark Arnold

JPMorgan Chase (JPM) CEO Jamie Dimon said in a new shareholder letter Monday that he is worried about a number of risks to a resilient US economy that could “lead to stickier inflation and higher rates than markets expect.”He cited large amounts of government spending and efforts by the Federal Reserve to shrink its balance sheet, as well as the ongoing wars in the Middle East and Ukraine and their potential to disrupt essential commodities markets, migration and geopolitical relationships.
American Express card data exposed in third-party breach

Mar 7, 2024 | cuinsight.com | Kate Gibson |Mark Arnold |Jeff Rendel |Carol Schillios

American Express Co. has told an undisclosed number of cardholders that their account information may have been breached in a recent hacking of a merchant processor. Current and previously issued American Express Card account numbers, expiration dates and customer names may have been compromised, AmEx stated in a notice filed last week with Massachusetts regulators.
Global stocks climb to over two-year high, S&P 500 hits record

Feb 7, 2024 | cuinsight.com | Chris Prentice |Amanda Cooper |Mark Arnold |Jaime Marks

Global equities climbed to a more than two-year high and the S&P 500 touched a record peak on Wednesday, as strong earnings offset jitters related to U.S. regional banks and China’s markets. Bonds were under modest pressure, as comments from Federal Reserve officials reaffirmed expectations that the central bank may not cut rates soon. The U.S. dollar retreated and oil prices rose.