Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
BTIG raises PennyMac Financial target to $135, maintains Buy rating
BTIG analyst Eric Hagen adjusted the price target for PennyMac Financial Services, Inc. (NYSE:PFSI), increasing it to $135 from the previous $115 while reaffirming a Buy rating on the stock. The stock ...
Wall Street Is Booming, but Banks Are in a Lending Rut
In particular, continued slow loan growth is becoming a drag on regional banks, which have less exposure to the booming Wall Street trading and investment-banking business that is ...