Muni Bank Loans Top $200 Billion to Near Record
State and local governments are increasingly turning to banks for capital during financial distress and market volatility. Outstanding
2023-08-05 01:50
Russia says JPMorgan stops processing its grain payments
By Michelle Nichols UNITED NATIONS Russia said on Friday that U.S. bank JPMorgan had this week stopped processing
2023-08-05 01:27
Here’s What Economists Are Saying About the US Jobs Report
Former Treasury Secretary Lawrence Summers said that he’s still concerned about inflation picking up after wage growth was
2023-08-05 01:23
Block Shares Drop Most Since March After Earnings Disappointment
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of
2023-08-05 01:16
Struggling US Sectors Trim Work Hours Rather Than Slash Payrolls
US employers in struggling sectors such as manufacturing are reducing hours rather than resorting to aggressive job cuts,
2023-08-05 00:51
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
2023-08-05 00:24
Carl Icahn’s Wealth Falls $2.7 Billion as Dividend Cut Batters Shares
Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to
2023-08-05 00:22
Biden is putting his name on economic progress, but will voters just drive right by?
For Biden, taking credit for an improving economy — including the jobs and growth made possible by the trillion-dollar public works law — has become a political imperative, one that will help determine whether he is reelected to a second term.
2023-08-05 00:21
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:58
Hollywood Writers, Studios Trade Barbs Ahead of Renewed Talks
Screenwriters and the group representing big Hollywood studios are scheduled to resume talks about a new contract on
2023-08-04 23:29
Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
Former Treasury Secretary Lawrence Summers said that while the path to a soft landing for the US economy
2023-08-04 23:15
Argentina’s Bullrich Would Remove FX Controls With IMF Help
Argentina’s presidential hopeful Patricia Bullrich would seek greater support from the International Monetary Fund to untangle currency controls
2023-08-04 22:56