Credit
By Jarrett Renshaw (Reuters) -President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S.…
By Oliver Hirt, John O’Donnell, Stefania Spezzati and Dave Graham ZURICH/FRANKFURT/LONDON (Reuters) -The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world’s biggest wealth managers. The U.S.…
By Mathieu Rosemain PARIS (Reuters) – French bank Credit Agricole (OTC:) SA reported a smaller-than-expected drop in third quarter net profit on Wednesday after a record three months for its investment bankers offset weakness at some of its retail businesses. Net profit at France’s second-largest listed lender by market value…
Raised by accountants, Alejandra Rojas had a strong financial background but wound up in debt.She started researching money and psychology, which led her to get certified in Trauma of MoneyOne of Rojas’ favorite resources is Morgan Housel’s book, “The Psychology of Money.” When Alejandra Rojas found herself in $10,000 worth…
LONDON – Hunting PLC (LSE: HTG), a global engineering company specializing in the energy sector, has announced a positive third-quarter performance with a year-on-year increase in EBITDA of approximately $87 million, marking a 16% rise. Additionally, the company secured $300 million in new borrowing facilities to bolster its growth strategy.…
Private lending is now Blackstone’s largest business by assets, up 22% since last year.COO Jon Gray said it’s “very early days” for the burgeoning business.Inside Blackstone’s growing “credit juggernaut.” Blackstone made its name buying undervalued companies and real estate. But in the third quarter of this year, the company’s burgeoning…
By Yasin Ebrahim Investing.com — Business development companies, or BDCs, have been taking the investment world by storm as income-seeking investors clamor into this asset class that has earned a reputation for generating attractive dividend-like returns by filling the middle-market funding gap left by traditional banks. The BDC sector has…
By Yasin Ebrahim Investing.com — Business development companies, or BDCs, have been taking the investment world by storm as income-seeking investors clamor into this asset class that has earned a reputation for generating attractive dividend-like returns by filling the middle-market funding gap left by traditional banks. The BDC sector has…
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Soaring credit card swipe fees and fuel prices are to blame for today’s higher grocery prices, Kroger CEO Rodney McMullen said in court on Wednesday.Kroger and its rival Albertsons are currently battling a lawsuit from the FTC. The regulator is looking to block the proposed $24.6 billion merger between the…
