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...Biden has promised homebuyers a tax credit worth up to $400 a month for the next two years — though such a measure would require congressional approval....
...Now our economy is the envy of the world,” Biden said in his State of the Union speech on Thursday....
...the most union-friendly US president in decades....
...In October, GM announced a one-year delay in expanding production for all-electric trucks at its Orion Assembly plant in Michigan....
...Americans are feeling better about the economy, but they just won’t give Biden credit for it, according to a new FT-Michigan Ross poll [free to read]....
...Credit card debt is a priority issue for voters — 28 per cent said it was one of their biggest sources of financial stress, according to the March edition of the FT-Michigan Ross poll....
...Much of the credit for the latest squaring the circle goes to Chris Heaton-Harris....
...Michigan changed its labour laws a decade ago under Republican leadership to make the state less union-friendly, but its Democratic governor undid the legislation earlier this year....
...Instead, banks would have to rely on more traditional, standardised assumptions that measure how risky assets are by using credit ratings from agencies....
...Joe Biden was wrapping up his annual State of the Union speech to Congress on Thursday night when he decided to take his final dig of the evening at Donald Trump....
...Tusk deserves credit for leading the opposition to victory in the face of slanderous accusations from PiS that he was a German stooge or agent....
...Yesterday Joe Biden addressed striking members of the United Auto Workers union outside a General Motors plant in Belleville, Michigan, as the 2024 presidential campaign heats up....
...GM will delay building electrified versions of its Chevrolet Silverado and GMC Sierra pick-up trucks at a Michigan plant until 2025, instead of next year....
...But winning the states of Ohio, Pennsylvania and Michigan could mean Biden holding the White House....
...Union activity. Americans’ positive feelings towards unions are at six-decade highs....
...downtown retail property tend to be about a third of CRE holdings, “with CRE valuations remaining elevated, the magnitude of a correction in property values could be sizeable and therefore could lead to credit...
...(Said steel plants are, of course, concentrated in the Midwest political swing states of Ohio, Pennsylvania and Michigan.)...
...UBS was the upstart, a more aggressive union of banks whose origins were in Basel, the catholic, cultural — French-facing — industrial city on the Rhine....
...Although the crises that engulfed the three US banks and Credit Suisse were all unique to an extent, there are commonalities between them....
...A decision by Fitch to downgrade the US’s credit rating from triple A to double A plus has triggered equity market falls in Asia and Europe....
...So you have Arizona that's sucking in money from the Inflation Reduction and the Chips Act, the Midwest states like Ohio, Michigan - upstate New York is taking advantage of this....
...trading update, Rolls-Royce H1, Serco H1, Smith & Nephew Q2, Veolia H1, Warner Bros Discovery Q2, Wizz Air Q1 Friday US: July employment report Results: AP Møller-Maersk Q2, Capita H1, Commerzbank Q2, Crédit...
...The union of Credit Suisse and UBS will have enormous bearing on the stability of global banking....
...Elsewhere, the US has trade, consumer credit, preliminary Michigan Sentiment and annual consumer price index (CPI) inflation rate revisions, Germany publishes its delayed CPI data along with factory orders...
...Representatives of economic bodies from several US states including Michigan and Ohio toured Europe in recent months to tout the incentives....
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