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...According to a company filing, Norway’s central bank’s investment branch is interested in purchasing shares for up to $100mn at the IPO price....
...Fedspeak: Federal Reserve governor Michelle Bowman will deliver a virtual speech at a workshop on the future of banking hosted by the central bank’s Kansas City branch....
...John Williams, president of the New York Fed, will participate in a discussion organised by the Long Island Association....
...Total household debt in the US climbed to another record high at the end of 2023, according to the Federal Reserve’s New York branch, with the continued rise in consumers struggling to pay down credit card...
...When the 600,000-member Communications Workers of America negotiated a contract for employees at Beneficial State Bank in 2021, it said it was the first new union at a US bank for 40 years....
...Over-leveraged and underused office buildings in New York and San Francisco are starting to trade hands at knockdown prices. Banks are being forced to mark down loans to realistic levels....
...McDonald’s Malaysia recently sued the majority-Muslim country’s BDS branch for $1.3mn, accusing the group of “false and defamatory statements,” according to Reuters....
...Traders were emboldened by remarks from Patrick Harker, the president of Fed’s Philadelphia branch, who said the central bank was done raising interest rates....
...The comments from John Williams, president of the Fed’s New York branch and a member of the rate-setting Federal Open Market Committee, came two days after the bank signalled strongly that the debate was...
...as high mortgage rates weaken demand for new homes....
...Fedspeak: Thomas Barkin, president of the Richmond branch of the US Federal Reserve, will speak about inflation at the Economic Club of New York in Manhattan....
...Researchers at the Federal Reserve’s New York branch have cautioned about the resilience of “buy now, pay later” lending following an adverse economic shock, owing to the disproportionate share of “financially...
...US consumers’ expectations for inflation eased in October, according to the Federal Reserve’s New York branch, a welcome sign ahead of Tuesday’s closely watched consumer price index report....
...“I expect that we will need to maintain a restrictive stance of policy for some time to fully achieve our goals,” said John Williams, president of the Fed’s New York branch and a member of the rate-setting...
...Currently a finance professor at Georgetown University, Musalem was a senior adviser to former New York Fed president Bill Dudley....
...Now this rare masterpiece, “The Deposition from the Cross”, has been sold to the Metropolitan Museum of Art in New York in a transaction brokered by Sotheby’s....
...“It’s not necessarily the right decision because BP needs root-and-branch transformation in my view....
...Earlier in the day, Fed governor Lisa Cook will give closing remarks at a forum on minorities in banking, hosted by the central bank’s Dallas branch.Jobless claims: Initial claims for US state unemployment...
...Nominal credit card debt hit a record $1.13tn in the last three months of 2023, growing at one of the fastest rates in more than 20 years, according to the New York branch of the Federal Reserve....
...Kate Semple Kate Semple was working in Toast’s York branch when she decided to pursue ceramics full-time last year....
...Additional reporting by Kate Duguid in New York...
...He imported that rural manner back to New York in a style that mixed large blocks of colour with urbane glamour....
...The St Louis branch of the Federal Reserve has started its search for a new president to replace James Bullard, who left his post in July to become a business-school dean at Purdue University....
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