Preparing for ‘Brexit,’ Britons Face Economic Pinch at Home

by | Jun 11, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Consumer Behavior, Economics, England, Finance, Great Britain Withdrawal from EU (Brexit), International Trade and World Market, Politics and Government, Prices (Fares, Fees and Rates), Wages and Salaries, Working Capital

By PETER S. GOODMAN June 11, 2017 LONDON — Right about now, Eddie Stamton, a construction worker, would normally be making preparations to jet off to a sandy stretch of the Mediterranean for a summer holiday. Not this year. In the year since...

Despite Weak Inflation, Fed Is Likely to Raise Interest Rates in June

by | May 30, 2017 | Bad Credit Loans, Bank Lending, Brainard, Lael, Business Lending, Business Loans, Capital, Consumer Behavior, Deflation (Economics), Economics, Federal Reserve System, Finance, Inflation (Economics), Interest Rates, Politics and Government, United States Economy, Wages and Salaries, Working Capital

By BINYAMIN APPELBAUM May 30, 2017 WASHINGTON — A speech by a Federal Reserve governor Tuesday underscored a basic shift in Fed policy: The central bank now needs to be convinced that quarterly rate increases are a bad idea. After years in which any...