February 13, 2024
“New York Community Bancorp (NYCB) is attempting to reassure investors about its deposits, liquidity, and governance following a weeklong plunge in the company’s stock and a decision by Moody’s to cut the bank’s credit rating to junk. The $116 billion… Continue Reading…
February 13, 2024
“Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023,… Continue Reading…
February 12, 2024
“… …” https://www.cnbc.com/2024/02/07/snap-stock-drops-30percent-after-revenue-miss-and-weak-guidance.html
February 12, 2024
“Credit card debt in the United States increased by $50 billion in the fourth quarter of 2023, according to recent findings from the New York Federal Reserve. The latest report, released Tuesday, found the total credit card balances stood at $1.13 trillion… Continue Reading…
February 12, 2024
“…Fears are now rising among investors over the United States’ distressed commercial real estate sector. This comes as a crucial lifeline created during last year’s banking crisis is set to expire. N.Y.C.B.’s shares plunged as much as 15 percent in… Continue Reading…
February 9, 2024
This interview affects the world which also affects the world economy which is what this website is about. In any case this interview is a must watch in my opinion.
February 8, 2024
“The annual trade shortfall shrank nearly 19% to $773.4 billion from a record in 2022, Commerce Department data showed Wednesday. In December, the deficit in goods and services trade widened slightly from the prior month to $62.2 billion. The figures… Continue Reading…
February 7, 2024
“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…
February 7, 2024
“…Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held at 3.7%, against the estimate for 3.8%. Wage growth also showed… Continue Reading…
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