Jennifer Storm spoke to Andrea Constand and 4 other survivors Wednesday to assure them the reversal doesn't negate the truth they shared in court.
Only 3% of FDIC-insured banks and credit unions nationwide are considered minority depository institutions.
The actor said in a previous interview that he'd love for "Buffy the Vampire Slayer" star Sarah Michelle Gellar to appear on the show.
Structural inequality is keeping Black and Latino Americans poorer than white Americans. Congress can help fix that.
The way we score credit and underwrite borrowers is putting low-income Americans at a disadvantage when they try and buy property.
A stronger credit outlook and a pending infrastructure plan are paving the way for industrial stocks, which are already boasting strong gains in 2021.
Bankruptcies stoked by the COVID-19 crisis could lead to $1 trillion in worldwide credit losses, according to the Bank for International Settlements.
S&P put Chevron, Exxon and others on downgrade watch as green push grows. The ratings agency said the whole industry was now higher risk. BlackRock yesterday urged firms to plan to reach net-zero by 2050. Sign up here for our daily newsletter, 10 Things Before the Opening Bell . S&P […]
Two additional customers have come forward to say Tesla and Equifax reported loans they never applied for. Both customers signed “power purchase agreements,” common deals for solar installations. But years later, massive loans appeared on their credit reports, according to the lawsuits, hurting their scores and affecting their ability to […]
Bill Ackman has insured his Pershing Square hedge fund against a surge in corporate defaults, after making $US2.6 billion on a similar bet in the spring, according to the Financial Times. The Pershing Square chief placed the wager on Monday after news broke of a promising COVID-19 vaccine, he said […]
Building good credit with a credit card requires spending less than your credit limit allows and promptly paying off the bill each month. If you’ve never had a credit card or taken out a loan before, consider becoming an authorised user on a friend or family member’s credit card or […]
Credit scores are the gatekeepers to many of the things people want in life such as loans, apartments, and cars. But, not everyone understands how credit works exactly. With 22 years of experience in teaching people how credit works, Rod Griffin, senior director of consumer education and advocacy, debunks five […]
Consumers are using more debit cards compared to the other high-end option of credit as a result of the coronavirus pandemic, Visa has found. Visa’s US credit-card volumes fell sharply in May year-on-year, while debit-card usage grew 12%, according to an SEC filing this week. The payment-card company’s internal analysis […]
The case for negative interest rates in the US has strengthened, according to a note from Goldman Sachs published on Tuesday. While Fed Chairman Jerome Powell has stuck to his position that negative interest rates are off the table, negative interest rates to help ease financial conditions would be a […]
As the coronavirus ripples through the economy, a record number of companies are on watch for having their credit ratings downgraded. In finance, a “fallen angel” is a company that had its debt rating reduced to junk status due to a deteriorating financial position. A lower credit rating means a […]
Negative interest rates are coming to the US, Guggenheim CIO Scott Minerd said in a note published on Sunday. Minerd sees the 10-year US Treasury rate tumbling to 25 basis points, before hitting his target of negative 50 basis points in the coming years. Minerd warned that it’s not sustainable […]
Money market holdings in the US has risen by $US1 trillion to $US4.7 trillion over the past eight weeks, UBS said in a note Tuesday. During the great financial crisis, cash levels rose by under $US500 billion, the Swiss bank said. The bank, however, advised investors against “running to the […]
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