Energy Secretary Jennifer Granholm admitted in a letter Friday that she made a false statement when she recently told lawmakers she didn’t own any individual stocks. While Granholm divested from a variety of stocks in 2021, […]
On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private placement format in accordance with the IFC Blue Finance Guidelines. Net […]
Crypto exchange Binance.US has said it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels as early as June 13, just days after US regulators sued […]
The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]
Daily Standup Top Stories Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform June 7, 2023 Mariel Alumit President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling […]
Authored by Mike Shedlock via MishTalk.com, Interest-only loans as a share of new commercial mortgage-backed securities issuance increased to 88% in 2021, up from 51% in 2013, according to Trepp… Share of Interest Only Commercial […]
It’s been a while since the market considered the possibility of a yuan devaluation: after the latest Chinese trade data it’s time to start seriously thinking about it once again. Overnight, China reported May trade […]
By Michael Msika, Bloomberg markets Live reporter and strategist Europe’s banking stocks are cheap and are supported by some of the strongest fundamentals since the global financial crisis, with elevated rates and solid capital buffers. […]
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than […]
President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]
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