Financial Experts Weigh Debt Consolidation Options for Consumers
Experts discuss debt consolidation's potential benefits like lower rates and simplified payments, but warn of upfront costs and risks for those with poor credit.
Wealth Management Firm Details Technology Stack and Integration Strategy
A wealth management firm executive describes the company's core technology platforms, including Salesforce, Orion, and RightCapital, and explains the strategy for integrating acquired firms while maintaining operational continuity.
Personal Loans Offer Debt Relief Path Amid High Credit Card Rates
Consumers consider personal loans to consolidate high-interest credit card debt, with average APRs of 12.19% versus 19.64% for cards. Options include balance transfers and debt management plans.
Prosper CEO David Kimball Discusses Personal Loan Considerations
David Kimball, chairman and CEO of Prosper, comments on personal loan advantages and drawbacks, noting they are not a one-size-fits-all solution.
Personal Loan Rates Show Variation Amid Economic Shifts
Recent data reveals average personal loan interest rates at 12.19%, with balances averaging $11,724. The Federal Reserve has cut rates three times in 2025, influencing borrowing costs.
Personal Loan Rates Show Stability in Early 2026
Bankrate data shows average personal loan rates at 12.19% as of Jan. 14, 2026, with LightStream offering the lowest rate at 6.24%. Rates vary by lender type and borrower credit.
TSMC Reports Record Profit and Expands US Manufacturing Amid AI Boom
TSMC announced a record quarterly profit, forecast strong growth, and detailed plans to expand its US manufacturing capacity, including a fourth Arizona factory.
Oracle Stock Rebounds as OpenAI Developments Fuel Optimism
Oracle shares have recovered from a steep decline, trading at 30 times forward P/E. OpenAI's expansion into healthcare and potential 2026 funding are seen as positive for Oracle's massive AI data center contracts.
US Stocks Close Lower Amid Geopolitical Tensions and Tech Weakness
US stock indexes fell Wednesday, with the S&P 500 and Nasdaq 100 hitting 1.5-week lows. Chip makers and major tech stocks declined, while geopolitical risks rose. Oil and precious metals surged. Stocks partially recovered after a positive Fed report and strong economic data.
Ferrari Faces Critical Test with First Electric Model in 2026
Ferrari enters 2026 with strong brand and margins but must prove its luxury discipline and emotional appeal can survive electrification, pricing shifts, and capital investments.
Disabled Father Struggles as Rent Consumes Nearly All His Monthly Income
A woman describes her father's empty fridge and his reluctance to accept help as his $750 rent leaves little from his $1,000 disability check.
SK Hynix Accelerates Factory Openings Amid Surging AI Memory Demand
SK Hynix will open a new Yongin factory three months early in February 2027 and start operating another plant next month to produce HBM chips for AI, as CEO Sungsoo Ryu cites 'tremendous' demand.
Banks Finance Major Renewable Energy Portfolio in Spain
NORD/LB, Rabobank, and Siemens Bank provide €135 million for a 199-MW wind and solar portfolio in Aragón, Spain, acquired by ENCAVIS. The projects are operational or starting soon.
Interactive Brokers Founder Sees Growth in Prediction Markets Amid Midterm Bets
Thomas Peterffy expects ForecastEx to accelerate growth in 2026, driven by U.S. midterm election betting. He discusses integration plans, market optimism, and regulatory changes, while also commenting on Fed independence and credit card rate caps.
Bilt Launches New Low-Interest Credit Cards Amid Affordability Concerns
Bilt introduces three new credit cards with rates capped at 10% for the first year, including a premium option, as CEO Ankur Jain cites affordability needs. The launch follows President Trump's call for interest rate limits.