January 4, 2024
“Billions of dollars in loans on office buildings that are about to come due could play havoc with the US economy after interest rates soared. About $117 billion worth is expected to be due this year and needs to be repaid or… Continue Reading…
September 4, 2023
“…Europe’s main bank stock index fell almost 3% on Aug. 8, after the Italian government announced plans to impose a 40% windfall tax on banks’ profits. The move caught traders off guard and sent shockwaves throughout the continent. The market… Continue Reading…
March 14, 2023
“…Regional banks were among the hardest hit as the KBW Regional Banking Index sank 7.7%, its sharpest plunge since June 2020. The rapid selloff came even as the Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. said they were… Continue Reading…
July 6, 2022
“…New York real estate was on a tear through the early spring, with high prices and strong sales. The median sales price for the second quarter rose to a record $1.25 million, according to data from the firms Miller Samuel… Continue Reading…
October 27, 2021
“Shares of Enphase Energy surged 23% at the opening bell on Wednesday after the company reported record revenue during the third quarter, despite ongoing headwinds from supply chain bottlenecks. The company, which makes microinverters and backup energy storage for solar systems, posted… Continue Reading…
August 5, 2020
“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy. The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from… Continue Reading…
December 11, 2019
“Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey… “The risks to the outlook for economic growth and inflation… Continue Reading…
November 25, 2019
““We do need to get over some of these hurdles that are a problem for business-sector spending of which is both U.S.-China trade concerns as well as things like Brexit and other geopolitical risks,” the firm’s head of U.S. economic… Continue Reading…
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