The United States is currently in the throes of a significant surge in car repossessions, a trend that has escalated throughout 2024 and is projected to continue well into 2025. This alarming rise has pushed repossession rates to their highest levels in 15 years, drawing parallels to the economic downturn
A number of stocks jumped in the afternoon session after investors grew more optimistic about a potential Federal Reserve interest rate cut in December.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Wall Street experienced a turbulent start to the trading day, opening lower as a complex web of market uncertainties continued to weigh heavily on investor sentiment. A confluence of factors, including disheartening economic data, persistent inflation concerns, a cautious Federal Reserve stance on interest rates, and ongoing geopolitical instability, has
As of November 12, 2025, inflation continues to exert a significant, albeit nuanced, influence on the global economy, impacting stock markets and investor confidence. While there are some indications of moderating price pressures in certain regions, persistent challenges, particularly related to commodity prices, keep central banks on alert and maintain
The financial world is undergoing a profound transformation as the lines between traditional finance (TradFi) and the burgeoning cryptocurrency ecosystem increasingly blur. What was once viewed with skepticism and relegated to the fringes of speculative investment is now rapidly integrating into mainstream financial markets, driven by institutional adoption, technological innovation,
Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment processing. But uncertainty about fiscal and monetary policy has tempered enthusiasm,
limiting the industry's gains to 15.1% over the past six months.
This return lagged the S&P 500's 23.8% climb.
Ally Financial’s Q3 results were positively received by the market, with management highlighting the effectiveness of its sharpened focus on core business franchises. CEO Michael Rhodes attributed the company’s momentum to disciplined execution in auto lending, insurance, and corporate finance, noting, “We are seeing it in the traction each of our three core business franchises have with our customers.” Management pointed to record application volumes in auto finance, improved credit performance from prior underwriting actions, and cost controls as primary drivers of Ally’s strong quarterly performance.
Digital banking company Ally Financial (NYSE:ALLY) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 3% year on year to $2.2 billion. Its non-GAAP profit of $1.15 per share was 14.1% above analysts’ consensus estimates.
A surprisingly strong finish on Wall Street capped a volatile week. Calming words from President Trump about China and better-than-expected earnings from regional banks fueled a late-session rebound, pushing major indices into positive territory.
Regional bank stocks bounced back Friday after earnings from lenders like HBAN, FITB, and ALLY beat forecasts, easing—but not eliminating—credit concerns following Thursday's sharp sell-off.
Wall Street shrugged off credit concerns that battered bank stocks on Wednesday, with large-cap indices posting slight gains by midday trading in New York, setting up for a positive weekly close.
Digital banking company Ally Financial (NYSE:ALLY) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 3% year on year to $2.2 billion. Its non-GAAP profit of $1.15 per share was 14.1% above analysts’ consensus estimates.
