Tag: Central bank

Bankruptcy filings are not a common occurrence among Las Vegas Strip casinos and businesses. The last significant bankruptcy on the Strip was over 10 years ago in January 2015 when Caesars Entertainment, then-owned by Apollo Global Management and TPG Capital, filed for Chapter 11 to eliminate about …

Europe must be tougher on China trade, Bundesbank chief says

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

When an insurance company’s financial distress forces it out of business in the U.S., the company does not file for bankruptcy. A state court usually issues the insurance company an order of insolvency and liquidation, according to the National Organization of Life & Health Insurance Guaranty …

Fed hawks and doves: What US central bankers are saying

Bessent says US buys more Argentine pesos, working on $20 billion debt facility

US banking giants expect dealmaking spree to continue as profits climb

Rupee may rely on central bank support; bonds to track inflation data

The current state of the U.S. housing market should be thoughtfully examined in the context of some important economic events that occurred during the past few years. Faced with surging inflation throughout 2022, the Federal Reserve responded by raising the federal funds rate in an effort to dampen …

China’s September bank lending seen more than doubling from previous month