Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.
Schlagwort-Archiv: CNBC
Hacked crypto startup Nomad offers a 10% bounty for return of funds after $190 million attack
Crypto startup Nomad this week lost around $190 million in a devastating security exploit.
Taiwan’s trade with China is far bigger than its trade with the U.S.
Taiwan’s business and economic ties with mainland China and Hong Kong have grown so large that the region is by far the island’s largest trading partner.
Coinbase shares soar more than 20% in boost from meme traders, BlackRock crypto deal
BlackRock has selected Coinbase as its crypto trading partner.
The great unrest: How 2020 changed the economy in ways we can’t understand yet
Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won’t be understood for years.
Job cuts and smaller bonuses loom for Wall Street amid collapse in IPOs and stock issuance
Wall Street is grappling with a sharp decline in deals as IPOs slowed to a crawl, the pace of acquisitions fell and stocks had their worst half since 1970.
Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more
The stocks making the biggest moves in premarket trading include Eli Lilly, Cigna, Restaurant Brands and more.
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
„Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow,“ DBS Group CEO Piyush Gupta said.
The $300 billion meme stock that makes GameStop look like child’s play
A little-known Hong Kong-based fintech company saw its shares skyrocket 21,400% since its IPO in mid-July.
Fed’s Bullard sees more interest rate hikes ahead and no U.S. recession
St. Louis Fed President James Bullard said the central bank will continue raising rates until it sees compelling evidence that inflation is falling.