NEWARK, NJ – On July 27, unidentified individuals reportedly stole a credit card from an unlocked vehicle and used it for multiple purchases. The Newark Public Safety Department is requesting …
Credit
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‘That’s A Death Spiral’: Experts Blame Biden For Credit Rating Down Grade Will Kessler on August 3, 2023 Fitch Ratings downgraded the U.S. credit rating on Tuesday from “AAA” to …
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ZURICH (Reuters) – Switzerland’s financial capital is bracing itself for the biggest wave of job losses in over a decade following Credit Suisse’s collapse earlier this year. Since the government …
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By Tatiana Bautzer and Shankar Ramakrishnan NEW YORK (Reuters) – UBS Group is laying off employees from Credit Suisse’s investment bank this week in New York, a source familiar with …
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A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy of a surprise with an unexpected downgrade of the U.S. …
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Karine Jean-Pierre Says US Credit Rating Downgrade ‘Defies Reality’ Harold Hutchison on August 1, 2023 White House press secretary Karine Jean-Pierre said Tuesday that a credit agency’s decision to downgrade …
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US’ Credit Rating Downgraded Will Kessler on August 1, 2023 One of the world’s largest credit agencies announced on Tuesday that it was lowering the U.S.’ long-term credit rating from …
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By Ceyda Caglayan ISTANBUL (Reuters) – Turkey’s banking watchdog has stopped allowing credit card payments by instalment for foreign travel, such as flights, travel agency fees and accommodation, in a …
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By Andy Bruce and David Milliken LONDON (Reuters) -British lenders approved more mortgages than expected in June and net unsecured lending to consumers shot up by the most in over …
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CAMDEN, N.J. – A man from Gloucester County, New Jersey has accepted responsibility for his involvement in fraudulent schemes. Misty Sarfo-Adu, a 28-year-old resident of Sewell, stood before U.S. District …
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By Nell Mackenzie LONDON (Reuters) – European credit hedge funds topped a most-wanted list of global hedge fund strategies in the second half of this year, according to a report …
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By Chiara Elisei LONDON (Reuters) – Corporate credit quality is weaker than financial markets currently price in, while defaults are likely to pick up in the second half of the …
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BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on Thursday, as authorities seek to boost a flagging post-pandemic economic …
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By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have to say about the credit outlook will color the debate …
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By Marc Jones LONDON (Reuters) -Morgan Stanley cut Israel sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought …
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WASHINGTON (Reuters) – The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse’s misconduct around its dealings with the defunct investment firm Archegos …
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DOVER, DE – The Dover Police Department is seeking assistance from the public in identifying a suspect involved in an unauthorized use of a credit card complaint. The suspect allegedly …
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By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property project in Arizona, it …
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(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to …
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NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a decline in the near-term U.S. recession risk and a stronger …
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By Oliver Hirt ZURICH (Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for …
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NEW YORK CITY, NY – The New York City Police Department seeks the public’s assistance in identifying a suspect in a grand larceny incident. The crime occurred in the early …
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‘Massive Threat’: DeSantis Says Centralized Digital Currencies Open Door To ‘Social Credit System’ Harold Hutchison on July 14, 2023 Republican Gov. Ron DeSantis of Florida told Tucker Carlson Friday that …
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By Safiyah Riddle (Reuters) – Friday kicks off a week or more of earnings reports from U.S. banks covering the April-through-June period, the first full quarter of operations for the …
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By Safiyah Riddle (Reuters) – U.S. small businesses are paying the most for loans in 16 years as borrowing costs have skyrocketed under the Federal Reserve’s aggressive interest rate hikes, …