Credit
The CEO of America’s largest bank has long been skeptical of the rise of private credit, even as JPMorgan Chase jumps on the nonbank lending bandwagon in an effort to compete.”I think that people who haven’t been through major downturns are missing the point about what can happen in credit,”…
Airlines, labor unions, and manufacturers have written to senators warning that a bill about credit cards being proposed by senators could damage the aviation industry by weakening airline loyalty programs.United Airlines, American Airlines, Southwest Airlines, Airbus, and Boeing are among the signatories of Monday’s letter.The campaign, led by the trade…
When I was just 7 years old, I sat beside my dad while he sorted through client statements, receipts, and invoices. He explained things to me as he worked, such as what an expense was, how a balanced budget worked, and what an invoice meant.Money wasn’t a secret subject at…
