After Years Of "Stimulus" Come Surging Debt & Falling Wages [zero hedge]
Fidelity National Information Services, Inc. (FIS)
Last fidelity national information services, inc. earnings: 2/13 07:00 am
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Source: zero hedge
After Years Of "Stimulus" Come Surging Debt & Falling Wages Authored by Ryan McMaken via The Mises Institute, As interest rates rise on everything from mortgages to car loans to Treasurys, that also means interest is rising on credit card debt. That's not exactly great news as so many indicators point to a recession - and the worsening job situation that comes with it - on the horizon. Many Americans may soon find themselves in a situation with more debt at higher interest rates, all while real wages are falling. Earlier this month, Bankrate.com reported that the average credit card interest rate has climbed to 19.04%. That's a 30-year high and the highest rate since 1991, when the rate hit 19%. That can mean real financial trouble for ordinary households, but it's what we should expect in the wake of this year's policy shift at the Federal Reserve to finally allow interest rates to drift upward after more than a decade of quantitative easing and ultralow-interest-rate policy. Over th
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News
- FIS Announces Quarterly DividendBusiness Wire
- Digital Lending Market size to record USD 19.14 billion growth from 2023-2027, Rise in adoption of cloud-based digital lending servicing software offerings is one of the key market trends, Technavio [Yahoo! Finance]Yahoo! Finance
- FIS to Report First Quarter 2024 Results on May 6, 2024; Will Host Investor Conference on May 7, 2024Business Wire
- Fidelity National Information Services (FIS) Expected to Beat Earnings Estimates: Can the Stock Move Higher? [Yahoo! Finance]Yahoo! Finance
- FIS Named as One of the Most Trustworthy Companies in America for Second Consecutive YearBusiness Wire
FIS
Earnings
- 2/26/24 - Beat
FIS
Sec Filings
- 4/23/24 - Form 4
- 4/17/24 - Form 4
- 4/5/24 - Form 8-K
- FIS's page on the SEC website