December 23, 2023
“…It’s the first time US Bank has sold this type of securitization, according to a preliminary ratings report by Moody’s Investors Service. The notes effectively allow the issuer to transfer credit risk tied to the underlying loans over to investors.… Continue Reading…
December 20, 2023
“Gas prices look poised to fall below $3 per gallon for the first time since May 2021. Why it matters: Prices at the pump can dictate drivers’ budgets, and have been shown to impact consumer sentiment. Zoom in: The national average price of gas… Continue Reading…
December 20, 2023
“More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back… Continue Reading…
December 15, 2023
“U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a moderate growth path this quarter and further alleviating fears of a recession. The… Continue Reading…
December 13, 2023
“The U.S. Environmental Protection Agency is adding some “forever chemicals” to the list of toxins in drinking water that must be reported. That is going to require a lot of infrastructure investment… About 300 million people in the U.S. receive… Continue Reading…
December 12, 2023
“Venezuela’s threats to annex a majority of Guyana may be an effort by its leader to consolidate power at home ahead of a potential presidential election next year instead of a real intention to invade its neighbor, U.S. officials say. But Washington… Continue Reading…
December 8, 2023
“U.S. household wealth fell to roughly $151 trillion in the third quarter, pulled down by a drop in the value of stocks which more than offset a half-trillion rise in the value of property prices, the Federal Reserve said on… Continue Reading…
December 8, 2023
“…The stock market is mistakenly pricing in a “soft landing” for the US economy, where the Federal Reserve succeeds in crushing inflation without causing a recession, Jason Hunter told CNBC’s “Squawk Box” on Monday. But investors will soon realize the outlook is… Continue Reading…
December 7, 2023
“…It’s the first time US Bank has sold this type of securitization, according to a preliminary ratings report by Moody’s Investors Service. The notes effectively allow the issuer to transfer credit risk tied to the underlying loans over to investors.… Continue Reading…
December 6, 2023
“…“If interest rates basically stay at their current levels, interest will be the second-largest government program in two years,” said Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget. “Only Social Security will be larger.” Voters… Continue Reading…
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