Whether it is high single-digit borrowing costs for large multinationals or double-digit financing costs for middle market firms, elevated interest rates have become a fact of life for firm managers. … READ MORE >
Federal
Housing starts and permits spike in May as sentiment improves
There were 1.6 million new housing starts in May—the most in two years and a 21.7% increase from the previous month. … READ MORE >
FOMC preview: Fed positions for rate cut later this year
The Federal Reserve is on the precipice of a major shift in policy as the economy, hiring and wages slow amid a backdrop of muted inflation. … READ MORE >