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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 […]

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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

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