Hints and tips:
...Denmark’s largest union 3F announced yesterday that it had joined Scandinavia in the latest escalation in tensions over workers’ rights against US electric-car maker Tesla....
...When the government spends, someone receives a payment that is deposited into a bank account and some bank ends up with a credit to its reserve account at the Fed....
...According to the Federal Reserve’s distributional accounts, Americans’ net worth has risen nicely since Biden’s inauguration in January 2021 through to the second quarter of this year — driven mostly by...
...It is, in short, hard to see a traditional credit cycle of any sort in the bank numbers. What the numbers show, as of now, is a big hangover from the pandemic....
...Canada has closer to 1.1mn people for each domestic bank, and close to 500,000 for all banks (including subsidiaries of foreign banks)....
...Which high street lender has Nigel Farage opened accounts with after being cut off by Coutts?...
...We’ve seen credit ratings being dropped from some municipal debt issuance because they haven’t been able to file timely accounts....
...“I felt like this little coup was all about the money, so I went and transferred $350,000 from a Chase account to a credit union account where they can’t get their filthy little hands on it,” he said....
...All credit unions are owned by their members, whether you have $1,000,000 or $10 in deposits, you have one vote for the board and for key policy decisions....
...UK consumer price inflation will fall in 2024 because of a number of factors....
...Investors believe Pakistan could follow Sri Lanka into default, as it battles surging commodity prices and tighter credit conditions....
...The Internet of (Five) Things 1....
...It is an image of the corporate cavalry coming to the rescue while federal authorities faltered....
...Good evening, New data released today showed the US added 431,00 jobs in March, bolstering the case for the Federal Reserve to speed up the tightening of monetary policy in the fight against inflation....
...Ravn: There are some green shoots in the latest US numbers signalling that the Federal Open Market Committee may be able to avoid continuing aggressive fed funds rate rises....
...We usually roll to the football facility around 7:00 in the morning. Go through breakfast, meetings, treatment....
...Latest news Microsoft became the latest tech company to suspend product sales in Russia The UN said the number of Ukrainians running from conflict to neighbouring countries had now passed 1.3mn Switzerland...
...Investors worry that precarious companies are being offered credit at interest rates that don’t account for the high levels of risk involved....
...Trade union bargaining power, a crucial driving force behind the wage-price spiral, was broken by Margaret Thatcher’s government in the 1980s....
...This explains why we think the Bank of England will raise interest rates only twice in 2022 (to 0.75 per cent) rather than the three to four times (to 1.00-1.25 per cent) the financial markets appear to...
...All of this will send demand for batteries soaring from less than 1 terawatt hour now to around 20TWh by the mid 2040s, says Rystad....
...She says her debts are “not crazy”, but the numbers are daunting. She owes close to $7,000 on a credit card, another $8,000 on her car, and a $1,500 personal loan from her credit union....
...“Or you can use credit unions that lend to environmental charities, and so on.”...
...The scheme, part of the $2.2tn stimulus package signed into law by Donald Trump last week, will offer loans through banks and credit unions to cash-strapped businesses employing under 500 people....
...Essentially, Goldman wants to expand beyond its roots in trading and investment banking into less adrenalin inducing areas like current accounts, money management and credit cards....
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