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CBO Raises Its 2024 Deficit Forecast 27% to Nearly $2 Trillion
The Fiscal Times via Yahoo Finance· 2 hours agoThe federal budget deficit will reach an estimated $1.9 trillion in fiscal year 2024, according to...
Thai Central Bank Chief Warns Against Inflation Target Reset
Bloomberg via Yahoo Finance· 17 hours ago(Bloomberg) -- Thailand’s central bank governor pushed back further against a government suggestion...
Bitcoin (sort of) grows up
Semafor via Yahoo Finance· 8 hours agoSo if you just go purely based on market cap weighting, you would probably catch a lot of things that you might not want to include. Doesn’t the fact...
Bank execs weigh in on private credit threat
Banking Dive via Yahoo Finance· 2 days agoDirect lenders aren’t yet infringing where Regions Bank is active, “but it’s coming, I suspect,” CEO John Turner said. A JPMorgan executive said the...
China Should Break QE Taboo, Widen Deficit, Ex-PBOC Adviser Says
Bloomberg via Yahoo Finance· 11 hours ago(Bloomberg) -- China should shake off its “taboo” regarding quantitative easing — the...
The fight over credit card swipe fees hits the road
Politico· 13 hours agoThe agency says it could generate $50 billion over a decade. Citi’s lookahead strategy — Citi CEO Jane Fraser will tout the bank’s services business, which ...
General Election 2024 LIVE: Nigel Farage launches Reform UK manifesto as Rishi Sunak insists Tories...
Evening Standard via Yahoo News· 16 hours ago"Look, we've had some problems, the Greens have had even bigger problems than I've had. All I will...
UBS sets aside $900 million to repay investors in collapsed Greensill funds
Reuters via Yahoo Finance· 2 days agoThe bank has been seeking to resolve issues it inherited when it acquired Credit Suisse last year...
These numbers show that banks' risk from office real estate has been exaggerated
Morningstar· 4 days agoThe problem centers on the decline of market values for office buildings in the U.S., as a change in working habits exacerbated by the COVID...for older buildings, which has ...
Pittman: Pennsylvania budget negotiations need ‘a kick in the pants’ to meet June 30 deadline
Pennsylvania Capital-Star via Yahoo News· 4 hours agoPennsylvania lawmakers and Shapiro face a mandate from a state judge to close the gap in spending...