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WASHINGTON, July 12 (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation subsided further, but probably not fast enough to dissuade the Federal Reserve from resuming raising interest rates this month. The report from the Labor Department on Wednesday also showed underlying…
Just about every economic data point says South Florida is booming. Blue-chip companies are moving in, unemployment is low, job growth is solid and demand for office space is robust. The list continues: Home prices have soared, bank deposits have ballooned and apartment rents keep rising. But one key indicator — population growth — tells…
(Reuters) – In recent weeks, U.S. bond markets have bought into the prospect of a “soft landing,” prompting some investors to question whether they are ignoring the risk that companies will run into trouble in a higher-for-longer interest rate environment. Corporate credit spreads, which indicate the premium investors require to hold companies’ bonds over safer…
The financial services business model is perpetually at a crossroads and too often faces crosswinds. An uncertain economy like we see today often breeds hesitation; financial institutions may be tempted to slow down or pause technology investments not geared toward tightening balance sheets or finding greater efficiencies. However, those institutions that will come out of…
