More news on this subject
Profile picture of Fox Business
Commercial real estate foreclosures jumped 117% in March as trouble looms: A new report from ATTOM shows there were 625 U.S. commercial real estate foreclosures ...
foxbusiness.com/economy/commercial-real-estate-foreclosures-jumped-march-trouble-looms
Commercial real estate foreclosures jumped 117% in March as trouble looms
Profile picture of The Hill (newspaper)
RFK Jr. running mate says Khanna’s call for her to step down is ‘anti-democratic’
thehill.com/homenews/campaign/4585211-rfk-jr-running-mate-khanna-call-step-down-anti-democratic/
RFK Jr. running mate says Khanna’s call for her to step down is ...
Profile picture of The Guardian
US lawmakers Elizabeth Warren and Ro Khanna seek to ban trade in water rights: Bill would stop private investors, including hedge funds, farmers and ...
theguardian.com/environment/2024/apr/18/water-scarcity-private-speculation
US lawmakers Elizabeth Warren and Ro Khanna seek to ban trade in water ...
Profile picture of American Banker
Citizens reports fast progress in building its private bank: The Providence, Rhode Island, company is having discussions with private wealth management teams ...
americanbanker.com/news/citizens-reports-fast-progress-in-building-its-private-bank
Citizens reports fast progress in building its private bank
Profile picture of CNN.com
AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Profile picture of Common Dreams
Jayapal, Sanders, and Khanna Say US Housing Crisis Must Be 'At the Top of Our Agenda'
commondreams.org/news/sanders-jayapal-khanna-housing
Jayapal, Sanders, and Khanna Say US Housing Crisis Must Be 'At the Top ...
Profile picture of The Hill (newspaper)
Khanna: Biden’s approval numbers will improve once Israel-Hamas war ends: Rep. Ro Khanna (D-Calif.) predicted in a Sunday interview that former President Biden’s ...
thehill.com/homenews/campaign/4566441-rep-khanna-says-bidens-approval-numbers-will-improve-once-israel-hamas-war-ends/
Khanna: Biden’s approval numbers will improve once Israel-Hamas war ends
Profile picture of South China Morning Post
Is it time to call code red on TikTok challenges and Gen Z’s obsession with popularity contests?
scmp.com/week-asia/opinion/article/3258016/it-time-call-code-red-tiktok-challenges-and-gen-zs-obsession-popularity-contests
Is it time to call code red on TikTok challenges and Gen Z’s obsession ...
Profile picture of Quartz
'Net interest income' has Wall Street worried right now. Here's what it is and why it matters
qz.com/net-interest-income-nii-bank-earnings-fed-interest-rate-1851416810
'Net interest income' has Wall Street worried right now. Here's what it is ...
Profile picture of CNBC
What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
What to expect from bank earnings as high interest rates pressure smaller ...
Profile picture of The Wall Street Journal
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
on.wsj.com/49Om1J0
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw ...
Profile picture of Bloomberg
Silicon Valley Bank, the Federal Reserve and Bank Runs: Regulators have yet to address the system’s vulnerability to sudden depositor withdrawals.
bloomberg.com/opinion/articles/2024-04-01/silicon-valley-bank-the-federal-reserve-and-bank-runs
Silicon Valley Bank, the Federal Reserve and Bank Runs
Profile picture of South China Morning Post
TikTok owner ByteDance stays hands-off as video app faces US ban, leaving local team to become more aggressive
scmp.com/tech/big-tech/article/3257990/tiktok-owner-bytedance-stays-hands-video-app-faces-us-ban-leaving-local-team-become-more-aggressive
TikTok owner ByteDance stays hands-off as video app faces US ban ...
Profile picture of Common Dreams
Don't Bust Up Medicare and Turn It Over to the States!: Projecting intermediary steps, especially ones that can’t work, only delays national single payer.
commondreams.org/opinion/state-level-medicare-for-all
Don't Bust Up Medicare and Turn It Over to the States!
Profile picture of CNBC
Coinbase partner ClearBank posts first full-year of profit as revenue almost doubles
cnbc.com/2024/04/04/coinbase-partner-clearbank-posts-first-full-year-of-profit.html
Coinbase partner ClearBank posts first full-year of profit as revenue ...
Profile picture of Politico
Bipartisan ire flares after POLITICO reveals Chinese Embassy's quiet TikTok lobbying
politico.com/live-updates/2024/04/18/congress/bashing-chinas-tiktok-moves-00153040
Bipartisan ire flares after POLITICO reveals Chinese Embassy's quiet ...
Profile picture of Ostsee-Zeitung
Mystery about Bayer Leverkusen: Why do the fans sing SVB?: During Bayer Leverkusen's championship, the abbreviation SVB could be read again and again ...
rnd.de/sport/raetsel-um-bayer-leverkusen-warum-singen-die-fans-svb-UYOJKDSV4JHD5PBYE7SH24FFWA.html
Mystery about Bayer Leverkusen: Why do the fans sing SVB?
Profile picture of The Irish Times
My friend has a recipe for online success, but he’s not feeling the love: Making money from online content – no matter how colourful – has its challenges
irishtimes.com/world/asia-pacific/2024/04/19/my-friend-has-a-recipe-for-online-success-but-hes-not-feeling-the-love/
My friend has a recipe for online success, but he’s not feeling the love
Profile picture of The Advocate
This Louisiana index fell short of Wall Street. Here's why.: A slide in Louisiana bank stocks caused the companies that make up the Pelican State Portfolio to ...
theadvocate.com/baton_rouge/news/business/dip-in-bank-stocks-causes-louisiana-index-to-fall-short/article_00516b7c-f8f1-11ee-86b9-0b8120722b20.html
This Louisiana index fell short of Wall Street. Here's why.
Profile picture of El País
The payment of more interest on deposits hurts the bottom line of large US banks: The profit of the six main entities falls 3% in the first quarter despite the ...
english.elpais.com/economy-and-business/2024-04-17/the-payment-of-more-interest-on-deposits-hurts-the-bottom-line-of-large-us-banks.html
The payment of more interest on deposits hurts the bottom line of large US ...
Profile picture of Tech Times
Former TikTok Employees Expose Social Media Platform's Alleged Ties to China and Data Sharing
techtimes.com/articles/303595/20240415/former-tiktok-employees-expose-social-media-platforms-alleged-ties-china.htm
Former TikTok Employees Expose Social Media Platform's Alleged Ties ...
Profile picture of The Mercury News
Editorial: Recount of tied congressional race a victory for election integrity: Sadly, Assemblymember Evan Low and Rep. Ro Khanna have engaged in shameful ...
mercurynews.com/2024/04/11/editorial-tied-congressional-race-recount-a-victory-for-election-integrity/
Editorial: Recount of tied congressional race a victory for election ...
Profile picture of Insider (news website)
Why Gen Z yearns for Chinese-manufactured glycine: Donghua Jinlong, a Chinese company that manufactures glycine, is becoming a meme among Gen Z on TikTok for no ...
businessinsider.com/donghua-jinlong-glycine-meme-tiktok-2024-4
Why Gen Z yearns for Chinese-manufactured glycine
Profile picture of SZ/BZ
Table tennis women of SV Böblingen - A worthy conclusion after 25 years of the Bundesliga
szbz.de/nachrichten/artikel/wuerdiger-abschluss-nach-25-jahren-bundesliga
Table tennis women of SV Böblingen - A worthy conclusion after 25 years of ...
Profile picture of EV online - Emsdettener Volkszeitung
SVB coach annoyed: “No one’s looking at ‘19”: In 2019, Daniel Apke and SC Altenrheine intercepted the sovereign district league leaders SV Burgsteinfurt ...
ev-online.de/lokalsport/emsdetten/svb-coach-genervt-auf-19-guckt-keine-sau-708967.html
SVB coach annoyed: “No one’s looking at ‘19”
Profile picture of Richmond Times-Dispatch
Richmond's Atlantic Union bank sees opportunity in Southside Va.: Atlantic Union Bankshares as closed Monday on the $507 million acquisition of Danville’s ...
richmond.com/news/state-regional/business/atlantic-union-banking-richmond-danville-southside-virginia/article_3f2469ca-f05f-11ee-8c00-6f0a190316fe.html
Richmond's Atlantic Union bank sees opportunity in Southside Va.
Profile picture of Insider (news website)
Steven Mnuchin wants to buy TikTok without its valuable algorithm: Steven Mnuchin has floated the idea to some investors of buying TikTok without the code that ...
businessinsider.com/steven-mnuchin-purchase-tiktok-without-valuable-algorithm-china-2024-3
Steven Mnuchin wants to buy TikTok without its valuable algorithm
Profile picture of Bloomberg
Jefferies Trading Surge Bodes Well for Big Bank Earnings (JEF): Jefferies Financial Group Inc.’s revenue jump — due to strong capital markets and rebounding ...
bloomberg.com/news/articles/2024-03-28/jefferies-trading-surge-bodes-well-for-wall-street-heavy-hitters
Jefferies Trading Surge Bodes Well for Big Bank Earnings (JEF)
Profile picture of CNBC
Kevin O'Leary wants to buy TikTok at up to 90% discount. Here's why : Kevin O'Leary is putting together a syndicate for a potential purchase of TikTok ...
cnbc.com/2024/03/22/kevin-oleary-on-why-he-wants-to-buy-tiktok-.html
Kevin O'Leary wants to buy TikTok at up to 90% discount. Here's why
Profile picture of The Washington Post
Last year was bad for commercial real estate. 2024 could be worse.: Four years after the pandemic hit, offices, downtowns and the banking system wait to see how ...
washingtonpost.com/business/2024/03/30/commercial-real-estate-2024-loans/
Last year was bad for commercial real estate. 2024 could be worse.
Profile picture of PCMag
TikTok's Chinese Version Douyin Is Viewable on US Web Browsers (for Now): As a possible TikTok ban looms, Douyin can be accessed from the US on some devices ...
pcmag.com/news/tiktoks-chinese-version-douyin-us-web-browsers-for-now
TikTok's Chinese Version Douyin Is Viewable on US Web Browsers (for Now)
Quick Glance: US House Nears Passing TikTok Legislation Requiring Separation from Chinese Ownership
  • The US House of Representatives is set to vote on a proposal next Wednesday that could compel TikTok to sever ties with its Chinese owner or face a ban in the United States.

  • Anticipated at 10:00 am (1400 GMT), the vote is expected to take place in a rare instance of bipartisan unity in a politically divided Washington.

  • The future of the legislation remains uncertain in the Senate as key figures oppose taking such a drastic action against an app with 170 million users in the US.

  • President Joe Biden is expected to sign the bill, officially known as the 'Protecting Americans from Foreign Adversary Controlled Applications Act,' into law if it reaches his desk, as stated by the White House.
Profile picture of MIT Technology Review
Chinese platforms are cracking down on influencers selling AI lessons: They’re not necessarily scams—but they’re not value for money either, buyers complain.
technologyreview.com/2024/03/20/1089950/ai-influencer-douyin-wechat-suspension/
Chinese platforms are cracking down on influencers selling AI lessons
Profile picture of Fort Worth Star-Telegram
With TikTok, China has dangerous power over Americans. We must take it on | Opinion
star-telegram.com/opinion/article287222900.html
With TikTok, China has dangerous power over Americans. We must take it on ...
Profile picture of The New York Times
Opinion | Bidenomics Is Making China Angry. That’s OK.: Trump talked tough, but Biden is wielding a big stick.
nytimes.com/2024/03/28/opinion/biden-trump-china.html
Opinion | Bidenomics Is Making China Angry. That’s OK.
Profile picture of The Hill (newspaper)
Ro Khanna says TikTok owner should be forced to sell app, but ban too ‘extreme’: Rep. Ro Khanna (D-Calif.) said TikTok’s China-based parent company ByteDance ...
thehill.com/policy/technology/4529593-ro-khanna-says-tiktok-owner-should-be-forced-to-sell-app-but-ban-too-extreme/
Ro Khanna says TikTok owner should be forced to sell app, but ban too ...
Profile picture of Asia Times
The dots connecting TikTok, US Steel and Chinese land buys: The House of Representatives passes a bill requiring China's ByteDance to sell TikTok to an ...
asiatimes.com/2024/03/the-dots-connecting-tiktok-us-steel-and-chinese-land-buys/
The dots connecting TikTok, US Steel and Chinese land buys
Profile picture of ABC News
Is TikTok different in China? Here's what to know: Critics of TikTok have pointed to an allegedly tamer version in China.
abcnews.go.com/Business/tiktok-china/story
Is TikTok different in China? Here's what to know
Profile picture of Bloomberg
Meituan’s Revenue Beats Estimates After Staving Off ByteDance: Meituan’s quarterly revenue climbed 23%, a sign that it’s making headway in efforts to fend off a ...
bloomberg.com/news/articles/2024-03-22/meituan-s-revenue-beats-estimates-after-staving-off-bytedance
Meituan’s Revenue Beats Estimates After Staving Off ByteDance
Profile picture of Common Dreams
Khanna, Schumer Lead Call for FTC Probe of Big Oil Consolidation: "Americans are paying the price for Big Oil's greed and are still struggling to keep up ...
commondreams.org/news/big-oil-mergers
Khanna, Schumer Lead Call for FTC Probe of Big Oil Consolidation
Profile picture of Democracy Now!
Defense Sec. Austin Refuses to Draw Line in Sand for Israel After Food Aid Massacre in Gaza
democracynow.org/2024/3/1/headlines/defense_dec_austin_refuses_to_draw_line_in_sand_for_israel_after_food_aid_massacre_in_gaza
Defense Sec. Austin Refuses to Draw Line in Sand for Israel After Food Aid ...
Quick Glance: Defense Secretary Austin Admits Secret Hospitalizations Before House Panel
  • House Republicans demand answers on Defense Secretary Austin's secret hospital stays.

  • Austin admits 'breakdown in notifications' and takes full responsibility before the committee.

  • Austin acknowledges the need to inform the president and public about his cancer diagnosis.

  • Internal Pentagon review finds no ill intent in keeping Austin's hospitalization private.
Profile picture of CNN.com
FTC investigating TikTok over privacy and security: The Federal Trade Commission is investigating TikTok for its data and security practices ...
cnn.com/2024/03/26/tech/ftc-tiktok-probe-privacy-and-security/
FTC investigating TikTok over privacy and security
Profile picture of The Straits Times
Biden says he’ll sign TikTok crackdown Bill, Trump raises concerns: The proposed legislation gives China’s ByteDance about 6 months to divest the popular video ...
straitstimes.com/world/united-states/biden-says-he-would-sign-tiktok-crackdown-trump-raises-concerns
Biden says he’ll sign TikTok crackdown Bill, Trump raises concerns
Profile picture of Sun-Sentinel
Why President Biden should be reelected | Opinion: In response to a Sun Sentinel op-ed by Republican presidential candidate Nikki Haley on why Joe Biden must be ...
sun-sentinel.com/2024/03/02/why-president-biden-should-be-reelected-opinion/
Why President Biden should be reelected | Opinion
Profile picture of South China Morning Post
Young Chinese from loveless families find solace in ‘digital parents’ who treat them like their own, showing care, sharing daily activities online
scmp.com/news/people-culture/trending-china/article/3255171/young-chinese-loveless-families-find-solace-digital-parents-who-treat-them-their-own-showing-care
Young Chinese from loveless families find solace in ‘digital parents’ who ...
Profile picture of The Hill (newspaper)
Khanna says Biden ‘needs to do something bold,’ especially with Israel-Hamas war: Democratic Rep. Ro Khanna (Calif.) suggested Sunday that President Biden “do ...
thehill.com/homenews/campaign/4505060-khanna-says-biden-needs-to-do-something-bold-especially-with-israel-hamas-war/
Khanna says Biden ‘needs to do something bold,’ especially with ...
Profile picture of Bloomberg
After SVB Failed, FHLB Charged $285 Million in Fees to Wind Down Financing: US banking regulators confronted an unusually large penalty when they seized Silicon ...
bloomberg.com/news/articles/2024-03-12/after-svb-failed-fhlb-charged-285-million-in-fees-to-wind-down-financing
After SVB Failed, FHLB Charged $285 Million in Fees to Wind Down Financing
Profile picture of Reuters
HSBC to hire almost 50 bankers for startup, venture lending in US: HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to ...
reuters.com/business/finance/hsbc-hire-almost-50-bankers-startup-venture-lending-us-2024-03-11/
HSBC to hire almost 50 bankers for startup, venture lending in US
Profile picture of Axios (website)
How a surprise investment in NYCB helped avert a 2024 bank crisis: If NYCB is worthy of a $1 billion investment, other regional banks should be just fine.
axios.com/2024/03/07/new-york-community-bancorp-steven-mnuchin
How a surprise investment in NYCB helped avert a 2024 bank crisis
Profile picture of The Wall Street Journal
A Year After Silicon Valley Bank’s Collapse, the Rules Are Still Catching Up: New proposed regulations won’t address some root causes of regional banking malaise ...
wsj.com/finance/banking/a-year-after-silicon-valley-banks-collapse-the-rules-are-still-catching-up-90ac5f81
A Year After Silicon Valley Bank’s Collapse, the Rules Are Still Catching ...