July 2018’s CMI Forecasts Negative Outlooks in Long Term

The Credit Managers' Index (CMI) for July showcases an overall drop in both the service and manufacturing sectors, setting the CMI back to a point that has not been this low since January of this year. While the current economic environment has boasted a speedy quarterly growth of 4.1%, an unemployment rate between 3.8% and 4%, and an expansion of ...
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Santander Bank Eases Customers Into Digitized Banking and Loan Payments

Santander Bank announced July 18 it will begin using nCino technology to speed up business lending operations. This new integration will be available to customers as the year progresses, adding more features gradually; using nCino is estimated to cut loan-decision time by 40%. The operating system nCino uses clouds to create omnichannel access for ...
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US Import Prices Down, Not Sustainable for Future

The price of U.S. imports saw the largest drop in two years as of June—but this drop is not likely to last after tariffs on foreign goods are imposed. Import prices jumped by 0.9% in May, while June saw a sharp decrease of 0.4%, a dip that comes close only to the drop in February 2016, according to the Labor Department. Imported food saw a signific...
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