Is the Labor Market About to Crack? It’s the Key Question for the Fed.
Posted inBanking and Financial Institutions Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Layoffs and Job Reductions Regulation and Deregulation of Industry United States Economy Wages and Salaries

Is the Labor Market About to Crack? It’s the Key Question for the Fed.

Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.
Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans
Posted inBanking and Financial Institutions Capital One Financial Corporation Consumer Behavior Consumer Financial Protection Bureau Consumer Protection Content Type: Service Credit and Debt Credit Cards JPMorgan Chase & Company Personal Finances Regulation and Deregulation of Industry

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.