Markets News
Prime Rate Holds at 6.75% After the Fed's Split Decision
The Fed left its target range unchanged on a 9-3 vote, keeping the prime rate that indexes most small-business credit lines flat for now.
Michael Hayes
Markets News
Short, dated items on price and demand: commodities, wholesale costs, shipping rates, currency moves, rent indices and official sales figures. Each entry states the number, the period and the direction of travel. Read by owners setting prices and by suppliers and lenders watching the same series.
Markets
Prime Is 6.75%: How That Number Reaches Your Loan
Banks post the prime rate, the Fed publishes it, and your note decides when it lands. The spread and the reset date do more work than the headline number.
Editorial Staff
Markets News
Market Volatility Is a Supply-Chain Problem Too
When input prices swing, the businesses that survive are those whose contracts specify who bears the swing — indexed pricing, bands, and hedges beat hope.
Michael Hayes
Markets News
Reading an FOMC Statement Without the Noise
Eight times a year, three paragraphs of committee prose move your borrowing costs — the signal is in what changes between statements, not in the words themselves.
Michael Hayes
Markets News
How Oil Prices Become Your Freight Bill
Crude, diesel, and the fuel-surcharge formula are three linked prices — and knowing the formula is how shippers stop absorbing moves passively.
Michael Hayes