financial
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US financial news live updates: Debt ceiling deal, Social Security checks, $500 monthly payments… AS USA What’s in the US debt ceiling deal? BBC America’s debt: what US$31 trillion looks like, visually explained South China Morning Post . . .
Japanese stock market rises to the highest level since July 1990 after the US finalises deal to raise the debt ceiling. Japan’s Nikkei share average rose to its highest level since July 1990, buoyed by optimism over a US debt ceiling deal and a weaker yen. Shares of Japanese chip-related companies continued to outperform after AI […]
What should Americans pay for the legacy of slavery and a century of Jim Crow segregation? For decades, the question was mostly academic. Then it was seized on by Democrats and activists during a time of racial re-examination after the murder of George Floyd in 2020, and a number of cities and states set up commissions […]
Hello and welcome to AS USA’s live blog on finance and economic news. Earlier this week, the US Department of Housing and Urban Development reported that new permits for building houses have fallen by over twenty percent compared to April 2022. As interest rates have gone up, interest in constructing new housing units has slowed. […]
As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time frame for reaching a compromise has […]
Hello and welcome to AS USA’s live blog on financial news. We will bring you the latest from Wall Street to Washington for all you need to know about interest rates, the debt ceiling negotiations, inflation, and Social Security. On Wednesday, the Bureau of Labor Statistics reported that inflation increased 0.4 percent in April, leading […]
Many are concerned about the future of banking for African Americans and where they keep their money considering the impending debt limit crisis that threatens America’s fiscal status globally and the failure of Silicon Valley Bank (SVB), Signature, and First Republic banks. In March, SVB was the first to fail as rising interest rates lowered […]
Not to be dramatic, but hearing the news that the United States could be on the brink of a financial disaster in a few weeks, was not exactly how we’d . . .
May 2 (Reuters) – Australia’s MA Financial Group Ltd (MAF.AX) said on Tuesday it bought credit asset manager Blue Elephant Capital Management to enter the U.S. credit market and that it will launch a fund to give its clients access to credit markets in the United States.