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NEW YORK (Reuters) -The end of various pandemic-era student loan support programs likely portends a rise in credit issues for borrowers, although it will take time to understand the full extent of the problem, New York Federal Reserve researchers said on Wednesday. “We expect to see more than nine million student loan borrowers face substantial declines in credit standing over the first quarter of 2025,” the regional Fed bank said in a blog posting. New York Fed economists acknowledged there’s lots of uncertainty over how this increased trouble in the student lending sector will play out, but noted that those with higher levels of credit scores appear to have the most room to lose.

The newly established subsidiary, Juno, will first issue a Mexican peso stablecoin on Ethereum layer-2 Arbitrum.

Interest rates are falling for aircraft buyers. The post Aircraft Finance Market Outlook: Buy Now, or Pay the Price Later appeared first on FreightWaves.

Child and baby retailer Carter's announced on Wednesday the appointment of Doug Palladini as its next CEO.

BlackRock has launched its first model portfolio blending private and publicly traded assets, it said on Wednesday, as it looks to expand its footprint in the lucrative private market landscape. Model portfolios are blueprints that financial advisers use to manage their clients' investments. Tailored for a variety of risk tolerances and goals, they can help advisers save time and costs they would otherwise have spent on building portfolios from scratch.

Wingstop initiated, CarMax upgraded: Wall Street's top analyst calls