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Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments
Worries about future income levels and poor investment returns are pushing borrowers to repay debt early. Source link
Owe Taxes This Year? Here’s How to Lower Your Balance Due in the Future.
Listen to article (2 minutes) Most Americans equate tax season with the hope of getting a big refund. Yet one in four taxpayers typically owes
Greek economy to grow 2.2% in 2023, prudence pivotal
2/2 © Reuters. FILE PHOTO: A view shows the cityscape of Athens, Greece, October 24, 2022. REUTERS/Costas Baltas 2/2 ATHENS (Reuters) – Greece’s economy will
Declines in Loan Values Are Widespread Among Banks
When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon
King Dollar Still Looks Safe From the Yuan
Markets Heard on the Street Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations. Source link
The Art Market Is All About the 0.1%
Galleries and auction houses are becoming more reliant on a small group of superwealthy collectors. Source link
The Pandemic Didn’t End Card Rewards. It Made Them Stronger.
Americans love their credit card rewards more than ever. For card companies, perhaps too much. When the Covid-19 pandemic halted travel—and travel spending—some speculated that
China’s new yuan loans seen rebounding in March: Reuters poll By Reuters
© Reuters. FILE PHOTO: Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration BEIJING (Reuters) – China’s new yuan loans
Wells Fargo gets a slap on the wrist for alleged violations of Cboe rules
Wells Fargo Securities LLC has agreed to pay a fine of $50,000 to settle allegations about Cboe Exchange rule violations. The matter originated from a
Interactive Brokers’ TWS platform enhances interface for Custom Indexes for advisors
Electronic trading major Interactive Brokers continues to bolster the functionalities of its trading platforms. The latest beta build (10.23) of the TWS platform has made