Category Finance

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Forward Financing, a national provider of revenue-based financing for small businesses, announced today the expansion of its credit facility from $250 million to $450 million. This significant increase will enable the Boston-based fintech company to continue its mission of funding small businesses across the U.S. “This significant expansion…

Spectrum Reach, the advertising sales arm of Charter Communications, Inc., announced a new multi-year collaboration with Amazon Ads. This partnership designates Spectrum Reach as a Local Reseller for Amazon Ads, giving small and medium-sized businesses (SMBs) access to broader advertising inventory and greater reach. The combined capabilities of…

It wasn’t just the BOJ that was the only Asian central bank in focus today. The PBOC was also on the agenda but left the loan prime rate (LPR) unchanged, even though there were some expectations for a cut. Here’s the round up of the week in central…

The Fed might be signaling that they intend to cut by just 25 bps each in November and December. However, they’ve shown this week that they can be bullied into a decision by markets. The onus now lies on economic data in the weeks ahead to vindicate the…

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China’s power consumption is regularly used as a gauge of economic activity. It rose 8.8% y/y in August power consumption in primary industry and secondary industry rose 8.7% & 8.9% y/y respectivelyservice sector +10.8% (was +11.2 in July) For the first eight months of the year, China’s power…

1800 GMT / 1400 US Eastern time: Federal Reserve Bank of Philadelphia President Patrick Harker speakingtopic is “The Federal Reserve: It’s More Than Just Interest Rates” before the Tulane University Freeman School of Business Lecture event This article was written by Eamonn Sheridan at www.forexlive.com.

Bloomberg carry the report saying that China is considering removing some of the largest remaining restrictions on home purchases. Measures are said to include tier 1 cities to relax restrictions for non-local buyers. Bloomberg add that ‘after previous measures failed to revive a moribund housing market’ Alongside the…