Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between March 13 […]
FAN Editor
Bank turmoil could bring ‘vicious’ end to bear market, Morgan Stanley says
Turmoil within the banking sector is likely to bring a “vicious” start to the end of the bear market in U.S. stocks, according to Morgan Stanley. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley and a longtime Wall Street bear, said in an analyst note on Monday that […]
China’s President Xi arrives in Russia
China’s President Xi arrives in Russia – CBS News Watch CBS News China’s President Xi Jinping arrived in Moscow on Monday for a three-day visit to Russia, his first since President Vladimir Putin launched his invasion of Ukraine. CBS News reporter Mary Ilyushina joined Anne-Marie Green on “CBS News Mornings” […]
New York Community Bankcorp shares soar on Signature deal
Shares of New York Community Bancorp jumped Monday, gaining almost 40% when U.S. trading opened. The Hicksville, New York, financial institution announced its Flagstar Bank unit is buying certain assets and assumed certain liabilities of Signature Bridge Bank from the Federal Deposit Insurance Corporation. All regulatory approvals, including approval from […]
US sending ammunition, tanker trucks, boats to Ukraine
The State Department says the U.S. will send Ukraine $350 million in weapons and equipment as fierce battles with Russian forces continue for control of the city of Bakhmut, and troops prepare for an expected spring offensive ByLOLITA C. BALDOR and MATTHEW LEE Associated Press March 20, 2023, 10:40 AM […]
Stuart Varney: Bailouts are bad, but a crash is worse
During his “My Take,” Monday “Varney & Co.” host Stuart Varney addressed recent banking fears raised by the specter of a 2008-like financial crisis, arguing that, 15 years ago, Washington faced a similar bailout situation, and that, now, if confronted with the same decision, politicians would likely vote to bail […]
Trump seeks to block Georgia election interference criminal charges
Former President Donald Trump in new court filings Monday sought to block him and various allies from potential prosecution for crimes related to his efforts to reverse his loss to President Joe Biden in Georgia’s 2020 election. Trump asked a judge to quash the report of a special grand jury […]
Today’s 30-year mortgage rates plummet below 6% | March 20, 2023
Based on data compiled by Credible, mortgage rates for home purchases have fallen across all key terms since last Friday. Rates last updated on March 20, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has 5,000 Trustpilot reviews with […]
Amazon to lay off 9,000 more workers in addition to earlier cuts
Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previously announced layoffs that began in November and extended into January. That round totaled more than 18,000 employees, and primarily affected […]
Former US Rep. John Jenrette, jailed in Abscam scandal, dies
CONWAY, S.C. — Former U.S. Rep. John Jenrette, a colorful politician who was convicted in the Abscam bribery scandal in the late 1970s and whose wife talked to Playboy about an in-session dalliance on the U.S. Capitol steps, has died. He was 86. Jenrette, who had been in declining health, […]