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#businesslending

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eicker.news ᳇ tech news<p>»<a href="https://eicker.news/tags/JackDorsey" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JackDorsey</span></a> dramatically shutters <a href="https://eicker.news/tags/Block" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Block</span></a>'s TBD <a href="https://eicker.news/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> unit: Dorsey focused on the company’s <a href="https://eicker.news/tags/businesslending" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>businesslending</span></a> offerings.« <a href="https://www.cnbc.com/2024/11/08/jack-dorsey-dramatically-shutters-blocks-tbd-crypto-unit.html?eicker.news" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2024/11/08/jack-dorse</span><span class="invisible">y-dramatically-shutters-blocks-tbd-crypto-unit.html?eicker.news</span></a> <a href="https://eicker.news/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://eicker.news/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a></p>
Nonilex<p>“The increase raised <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheFed</span></a>’s benchmark rate to a range of 4.5% to 4.75%, the highest level in 15 yrs. It followed a ½-pt rate increase in Dec &amp; four ¾-pt hikes before that.</p><p>“<a href="https://masto.ai/tags/TheCentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheCentralBank</span></a>’s rate hikes typically lead to more expensive <a href="https://masto.ai/tags/mortgages" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mortgages</span></a>, <a href="https://masto.ai/tags/AutoLoans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AutoLoans</span></a>, <a href="https://masto.ai/tags/CreditCard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CreditCard</span></a> <a href="https://masto.ai/tags/borrowing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>borrowing</span></a> &amp; <a href="https://masto.ai/tags/BusinessLending" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BusinessLending</span></a>. Last year's ¾-pt rate hikes marked the fastest pace of credit tightening in 4 decades.</p>
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