Author name: Ricky Vasquez

How late fintech pioneer Doug Lebda built LendingTree

Doug Lebda, the founder, chairman and chief executive officer of financial services marketplace LendingTree, died over the weekend in an all-terrain vehicle accident, according to the company. He was 55. Lebda established LendingTree in 1996 after experiencing a lack of transparency and confusing process while obtaining a mortgage. His goal was to simplify financial decisions […]

How late fintech pioneer Doug Lebda built LendingTree Read More »

Federal Reserve Board Chair Jerome Powell addresses the Senate Banking Committee

Powell acknowledges Fed could have ended Covid-era QE sooner

Bloomberg News Key Insight: Federal Reserve Chair Jerome Powell reflected on the Fed’s aggressive asset purchases during the pandemic, noting that it may have been an overreaction. Expert quote: “With the clarity of hindsight, we could have — and perhaps should have — stopped asset purchases sooner,” said Fed Chair Powell. What’s at stake: The

Powell acknowledges Fed could have ended Covid-era QE sooner Read More »