Tag Archives: credit

Private credit cash pivots from ‘risky’ West to emerging markets  ReutersView Full Coverage on Google News Source link

These days, it can feel impossible to stay on top of credit card debt. The cost of living is going up, inflation is on the rise and job growth is slowing. And more Americans are falling behind on their bills. Credit card debt in the United States is at a record high. In the second quarter of 2025, credit card …

Not all EV makers will be crushed by the expiring sales incentive. The $7,500 electric vehicle (EV) tax credit is no more. It expired at midnight on Tuesday night, and the U.S. auto industry is bracing for a slump in demand. Without the additional $7,500 to make EVs more affordable, Ford (F 3.52%) CEO Jim Farley expects that demand for …

The Automakers That Completely Dropped The Ball On End Of US EV Tax Credit  CleanTechnica GMC’s higher-end trucks and SUVs are driving General Motors’ bottom line  Yahoo Finance The Biggest Winners and Losers in Auto Sales in Q3 2025  Car and Driver Tesla, GM lead record U.S. EV sales this year as federal incentives end  CNBC GM Q3 sales rise 8% on growth in …

Key Takeaways Fair Isaac said it would provide its FICO credit scores directly to firms that provide credit reports to lenders. The data provider said the decision would eliminate reliance on the three nationwide credit bureaus. Shares of those credit bureaus declined on the news, while Fair Isaac’s jumped. Shares of two credit-score providers sank after data provider Fair Isaac …

Jeep, Dodge, Chrysler, and Fiat vehicles will remain eligible for the credit after the deadline expires. Stellantis confirmed it will replicate the offer for EV and PHEV models. Stellantis extends credit for Jeep EV and PHEV models Stellantis is looking for a comeback in the US. The company sold 324,825 vehicles under the Jeep, Ram, Chrysler, and Fiat brands in …

First Brands’ Fallout Exposes Risks of Lending Private Credit  Bloomberg.com Jim Chanos slams ‘magical machine’ of private credit after First Brands collapse  Financial Times Exclusive | First Brands Bankruptcy Loan Draws Broad Interest From Creditors  The Wall Street Journal First Brands Group Initiates Voluntary U.S. Chapter 11 Cases to Stabilize Financial Position and Facilitate Value-Maximizing Transaction  Business Wire Auto-parts maker’s lenders quickly put up …

Fair Isaac to Allow Lenders to Bypass Credit Bureaus for FICO Scores. The Stock Rises 24%.  Barron’s FICO Shakes Up Credit-Score Market  The Wall Street Journal FICO provider is shaking up its credit score business. Its stock is surging  CNBC Fair Isaac Stock Is Soaring. Credit Bureau Shares Are Dropping. Here’s Why.  Investopedia Why Equifax (EFX) Stock Is Falling Today  Yahoo Finance Source link

Billionaire venture capitalist Mark Cuban has not shied away from blasting President Donald Trump’s policy decisions, but he said Trump’s latest move just might work. The president announced on Tuesday plans to launch TrumpRx.gov, a federal-government-operated website to sell prescription drugs directly to consumers at discounted rates. Cuban founded Cost Plus Drugs, a similar direct-to-consumer (DTC) platform, in 2022 with …

FICO surges as it cuts out credit bureaus in direct sale plan  Reuters FICO provider is shaking up its credit score business. Its stock is surging  CNBC FICO’s direct sale plan jolts credit reporting stocks  Axios Fair Isaac Stock Is Soaring. Credit Bureau Shares Are Dropping. Here’s Why.  Yahoo Finance New approach to credit scoring data could reshape US home lending  Financial Times Source link