Shares of UBS (UBS) – Get Report and Credit Suisse (CS) – Get Report rose on Monday after a media report said UBS Chairman Axel Weber was examining the possibility of a…
Tag: Credit
Exclusive: EU Draft Plan Targets Free Carbon Credit Cut for Most Industries | Investing News
BRUSSELS (Reuters) – Most industries covered by the European Union’s carbon market would see free credits cut by the highest possible rate over the next five years under draft plans,…
Losing the extra $600 unemployment benefit may not have stopped Americans from spending money, J.P. Morgan credit card data show
© Getty Images In July, personal consumer spending rose by 1.9{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}, government data shows. At that point, unemployed Americans were still receiving an extra $600 a week in federal unemployment…
Massachusetts sues auto lender Credit Acceptance Corp., seeking $120 million in damages
Credit Acceptance Corp., one of the nation’s largest auto lenders to people with low credit scores, was slapped with a lawsuit from Massachusetts on Monday. The suit, which was brought…
To Reduce Unemployment, The Fed Should Focus On Credit Policy Over Monetary Policy
WASHINGTON, Aug. 27, 2020 — Federal Reserve Chairman Jerome Powell announced on Thursday that the … [+] central bank will seek to achieve inflation that averages 2 percent over time,…
Tradewind Finance Closes $15 Million Credit Facility for Manufacturer Headquartered in Europe
Bloomberg Remote-Work Boom Mints Another Internet Billionaire (Bloomberg) — The coronavirus pandemic, for all its human and economic tragedy, has spurred a once-in-a-generation opportunity for the technology industry, seized most…