Money

Fed actions are boosting markets now. But they could wreak havoc later.

For a relatively brief period in antiquity, about four decades ago, US financial markets traded freely without overt interference from the central bank. The market was allowed to set even the most basic interest rate – overnight federal funds – while Paul Volcker’s Federal Reserve aimed to control the money …

Read More »

I will not cancel $ 50,000 in student loans

President Joe Biden (Photo by ROBYN BECK / AFP via Getty Images) AFP via Getty Images This story is developing. President Joe Biden says he won’t forgive $ 50,000 of student loans. Here’s what you need to know. Student loans AT CNN town hall tonight in Milwaukee, Wisconsin, an audience …

Read More »

Playtika Announces $ 600 Million Offer Offer for

HERZLIYA, Israel, March 02, 2021 (GLOBE NEWSWIRE) – Playtika Holding Corp. (NASDAQ: PLTK) (“Playtika”) today announced its intention to offer, subject to market conditions and other factors, a total principal amount of $ 600 million of its senior bonds due in 2029. Playtika intends to use the net proceeds of …

Read More »

Trump includes student loan forgiveness in latest stimulus proposal, signaling wide appeal

WASHINGTON, DC – OCTOBER 10: US President Donald Trump addresses a rally on the South Lawn of the … [+] White House October 10, 2020 in Washington, DC. President Trump invited more than two thousand guests to hear him speak just a week after his hospitalization with COVID-19. (Photo by …

Read More »

How to keep your business alive while you wait for PPP loan approval

About a third of eligible businesses that have applied a PPP have not learned whether they have been approved. Lenders outside of the SBA are very cautious about approving loans as demand increases. The bottleneck means that small businesses have to find ways to increase their cash flow, run lean …

Read More »

Scotiabank’s Peace Alliance provisions tend to wane as bank braces for write-off spike

ID 6571 Scotiabank’s Peace Alliance provisions tend to wane as banks prepare for a surge in write-offs. URL: http://144.217.242.125/feed-generator/actions.php?action=use&id=6571&url=https%3A%2F%2Fwww.bnamericas.com%2Fen%2Fnews%2Fscotiabank-pacific-alliance-provisions-trending- stockings-like-bank-braces-for-peak-in-amortization

Read More »

New Mexico Governor Authorizes Expanded Business Loan Program, Tax Relief, $ 600 Personal Rebate

Governor Michelle Lujan Grisham today signs a pair of economic measures that will bring additional stimulus and relief to businesses and individuals in New Mexico. Courtesy photo From the governor’s office: SANTA FE – Gov. Michelle Lujan Grisham enacted Senate Bills 1 and 3 on Wednesday, a pair of economic …

Read More »

As Gulf travelers seek pampering after pandemic, airlines add more flights to Maldives and Seychelles

LONDON: Climate activists who scored big against Western majors last week had unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.The defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to reduce carbon emissions faster. This is good …

Read More »

Biden’s student loan cancellation could close the racial wealth gap

ASSOCIATED PRESS President-elect Joe Biden wants to write off $ 10,000 in student loan debt for all borrowers, and the rest of the debt for those who attended public colleges or historically black colleges and universities (HBCU) earn less than $ 125,000 per year. The student debt burden exacerbates wealth …

Read More »

Why does this matter when the stimulus money hits your account and, under President Biden’s leadership, expect more aggressive oversight of the student loan industry

Hi, MarketWatchers. Don’t miss these main stories: Personal finance Financially Fragile Americans During COVID-19 Struggle To Answer These 15 Money Questions – Can You? A new survey asked who could cover unforeseen expenses during the first days of the pandemic. My wife and I have 3 children. I also have …

Read More »