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CFOs On the Move: Week Ending May 13
RingCentral, Moderna, Klaviyo, New Western, Jumio, Johnson & Johnson MedTech, b.well Connected Health, Freshii, SeaWorld, Jitterbit
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Lauren Muskett
| May 13, 2022
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Financial Performance
Synchrony Shares Jump on Big Earnings Beat
The company's acquisition of PayPal's U.S. consumer credit portfolio helped boost loan receivables by $11 billion, or 14%.
By
Matthew Heller
| January 23, 2019
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The Economy
U.S. Household Debt Reaches New Heights
A rise in mortgage, auto loan, and credit card balances drives a record amount of post-financial-crisis consumer debt.
By
Vincent Ryan
| August 14, 2018
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The Economy
Consumer Credit Jumps $24.5 Billion in May
The gain was the largest since November 2016 and easily beat economists' expectations of a $12.4 billion increase.
By
Matthew Heller
| July 10, 2018
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Credit
Consumer Credit Rises to Record $3.8 Trillion
The surge in borrowing in October was fueled by a 9.9% increase in revolving credit outstanding, which mostly consists of credit-card loans.
By
Matthew Heller
| December 8, 2017
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The Economy
Consumer Borrowing Hits Record $3.4T
June data from the Federal Reserve suggest a healthy outlook for consumer spending in the second half of 2015.
By
Matthew Heller
| August 10, 2015
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