Category: Finance & Economy
Ukraine Aid Hits $113B; Pentagon Seeks $10B More
EXCLUSIVE: The United States government has spent at least $113 million on the war in Ukraine, but that total could be considered much greater due to[more...]
Fabric and Crafts Retailer Joann Files For Chapter 11 Bankruptcy Protection
Joann, the long-running crafting and fabrics retailer, has filed for Chapter 11 bankruptcy protection in Delaware, the company announced Monday. In a statement, the Hudson, Ohio-based retailer said[more...]
Gen. Milley Joins Bank as Senior Adviser
SINCE RETIRING FROM the military last year, former Chair of the Joint Chiefs of Staff Army Gen. Mark Milley has become a senior adviser to JPMorgan Chase bank,[more...]
Former Treasury Secretary Mnuchin Organizing Investor Group to Buy TikTok
Former Treasury Secretary Steven Mnuchin said he is putting together an investor group to try to buy TikTok. “I think the legislation should pass and[more...]
Russia and China Collaborate on Blockchain Payment System Against the US Dollar
The BRICS bloc of countries led by China and Russia are moving ahead with their efforts to move away from the U.S. dollar with an announcement that[more...]
Treasury Secretary Yellen’s Remarks at Press Conference with Chile’s Finance Minister
Good afternoon. I’m very glad to have had the opportunity to meet with Minister Marcel today. Our meeting today—and my trip to Chile—come in the[more...]
Lord Jacob Rothschild: Financier Dies at Age 87
Lord Jacob Rothschild, co-founder of St James’s Place, has died aged 87, his family announced today (February 26). In a statement to the Press Association’s[more...]
Moody’s Downgrades New York Community Bancorp’s Sole Traded Bond to Junk
Rating action 'reflects multi-faceted financial, risk-management and governance challenges facing NYCB,' Moody's says Moody's Investors Service downgraded New York Community Bancorp's credit by two notches[more...]
New York Community Bancorp’s Stock ‘Untethered from Fundamentals’
D.A. Davidson cuts New York Community Bancorp to neutral and reduces target price for the stock to $5 from $8.50 New York Community Bancorp was[more...]
California is spending itself into disaster
California is continuing to give out money without any idea of where that money is coming from as the Golden State continues to hurdle toward a[more...]
