Category: Economy
All News
Charlie Munger Warns of ‘Bad’ Commercial Real Estate Loans at Banks
Berkshire Hathaway vice chairman Charlie Munger said that banks are facing headwinds because of their real estate loans as property...
First Republic Bank Close to Collapsing
The San-Francisco, California-based bank is rocked by a crisis of confidence that threatens its survival, unless there is a last-minute...
Wall Street gyrates, Treasury yields fall amid mixed data, earnings
© Reuters. FILE PHOTO: A passerby walks past an electric monitor displaying various countries' stock price index outside a bank...
Colombia’s central bank raises benchmark rate to 13.25% in split vote
© Reuters. FILE PHOTO: General view of Colombia's central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez By Nelson...
Walmart Deal Will Bring Back MoviePass Service (Really)
The movie subscription service MoviePass recently emerged from a 2020 bankruptcy...
US House passes Republican debt ceiling bill with steep spending cuts
© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) and other House Republicans hold a news conference on Capitol Hill...
Marketmind: Banking blip? Not so fast
© Reuters. FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City,...
Bankrupt crypto firm FTX to sell LedgerX for $50 million
© Reuters. FILE PHOTO: FTX logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -FTX...
South Korea economy averts recession but faces strong headwinds
© Reuters. A woman shops at a market in Seoul, South Korea, July 26, 2016. REUTERS/Kim Hong-Ji/File Photo SCGLY...
Japan raises view on imports, sees rising bankruptcies
© Reuters. Cranes are seen at an industrial port in Tokyo, Japan, February 17, 2022. REUTERS/Kim Kyung-Hoon/ File Photo TOKYO...
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