Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks
““I do think that there will be issues with respect to commercial real estate.”” — Treasury Secretary Janet Yellen, in an interview Wednesday with CNBC’s...
SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.
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Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings Accounts: WSJ
Some say it has taken weeks to withdraw their money and that the bank’s instructions have differed. [ad_2] Source link...
A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. [ad_2]...
Opinion: The Fed says don’t worry about U.S. banks, but why should anyone believe them?
The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken...
‘How to Buy Gold’ Hits a Google Record as Crypto Investors Chase World’s Oldest Asset: WSJ
The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster. [ad_2] Source link...
Fed’s Bullard doesn’t see a looming credit crunch that would push economy into a recession
In the wake of the collapse of Silicon Valley Bank, conventional wisdom has been that banks will cut lending, known as a credit crunch, that...
‘We are going to see parts of the economy break’: Recession fears move back to the forefront of markets
Investors are reconsidering the risk that the U.S. economy could be about to tip into a recession, following data this week which revealed the red-hot...
Housing Is Turning Out to Be a Lousy Shelter for Investors
Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. [ad_2] Source link...
Opinion: ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says
In January 2022, when yields on U.S. 10-year Treasury bonds TMUBMUSD10Y, 3.511% were still roughly 1% and those on German Bunds were -0.5%, I warned that inflation would be bad...