China’s factory activity declined in April, an official survey showed Sunday, signaling policymakers’ challenges in sustaining momentum in the country’s economic recovery. BILLIONAIRE INVESTOR RAY DALIO WARNS US, CHINA ‘ON THE BRINK’ OF WAR AND ‘BEYOND’ ABILITY TO TALK According to the government statistics bureau and an official industry group, […]
FOX Business News
Bernie Sanders: GOP is holding world economy ‘hostage’ with debt ceiling
Sen. Bernie Sanders, I-Vt., accused Republicans on Sunday of holding the world economy “hostage” with the debt ceiling. In an interview with CNN’s “State of the Union,” Sanders claimed that “a lot of that debt was accumulated under the Trump administration,” and said the GOP wants to make cuts to […]
PNC has inside track on bids for embattled First Republic Bank: report
PNC Financial Services has the inside track in bidding on First Republic Bank as the Sunday deadline looms, Fox News Digital has learned. The Federal Deposit Insurance Corp. (FDIC) asked JPMorgan Chase & Co., PNC Financial Services Group, and other banks to send final bids for First Republic Bank by […]
First Republic fate, Apple earnings, jobs data and Fed decision top week ahead
It’s another busy week for investors with a plethora of blue chip and entertainment earnings on tap, as well as the Federal Reserve’s decision on rates and the future of First Republic Bank. The embattled region bank was taken over by the FDIC on Friday and its assets are being […]
Trump says he’s under ‘total assault’ because he’s leading in 2024 GOP polls, takes swipes at DeSantis
Former President Donald Trump claimed in an interview Saturday he’s under “total assault” because he’s leading in the 2024 polls, while also taking a swipe at Florida Gov. Ron DeSantis. “Total assault,” Trump told Bannon’s War Room podcast. “Because we’re winning in the polls.” “DeSantis is failing badly. Ron De-sanctimonious,” […]
How to insure your jewelry and what you’ll need for the process
Whether you want to protect your engagement ring and wedding bands, or cover losses against that special or sentimental necklace, heirloom watch, your grandmother’s broche or earrings, or a diamond bracelet, it’s a smart idea to insure your jewelry should it get lost or stolen. We’ve asked insurance industry experts […]
27 states ask Biden to end his ‘disaster’ policy of forcing good-credit borrowers to subsidize risky mortgages
State treasurers and other top finance officials from 27 states on Monday urged President Biden to end what they said was his “unconscionable” policy of forcing people with good credit scores to subsidize mortgage loans of higher-risk borrowers, and warned Biden’s plan would be a “disaster.” Biden’s plan was outlined […]
Angela Lansbury’s longtime LA home sells for $4.99 million, almost $500k over asking price
Angela Lansbury’s longtime Los Angeles home has sold for $4.999 million, nearly $500,000 over its original asking price of $4.45 million. The Brentwood estate was purchased on Apr. 18, less than a month after hitting the market in late March. Realtor Mick Partridge of Beverly Hills Estates was the listing […]
Twitter to take 10% cut on content subscriptions after 12 months
Twitter Inc CEO Elon Musk said on Friday that the social media platform will take a 10% cut on content subscriptions after the first year, as the company looks to monetize content on the website in a bid to diversify its revenue sources. NEW YORK CITY’S TRANSPORTATION SYSTEM ENDING UPDATES […]
FDIC sets Sunday deadline for First Republic Bank bids: Report
The Federal Deposit Insurance Corp. has set a Sunday deadline for bidding on First Republic Bank, according to a report. Bloomberg reported on Saturday that the FDIC has asked JPMorgan Chase & Co., PNC Financial Services Group, and other banks to send final bids for First Republic Bank by Sunday […]