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Millions of consumers paid down their credit card balances during the pandemic. Let’s keep this trend going.

The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»

Category: topSource: washpostMay 21st, 2021

Millions of consumers paid down their credit card balances during the pandemic. Let’s keep this trend going.

The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»

Category: topSource: washpostMay 21st, 2021

PPP loan data reveals which Philadelphia-area banks did the most lending in 2021

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

Category: topSource: bizjournalsMay 11th, 2021

Treasury launches $350 billion program to distribute aid to state and local governments

The Treasury Department on Monday launched its $350 billion program to distribute aid to state and local governments.The Treasury Department on Monday launched its $350 billion program to distribute aid to state and local governments......»»

Category: topSource: chicagotribuneMay 10th, 2021

Here"s how much 10-county Pittsburgh region is getting from $350B American Rescue Plan

The U.S. Department of the Treasury on Monday revealed the breakout of the $350 billion American Rescue Plan and how much will be awarded to counties and cities in the Pittsburgh region. That includes $335 million to Pittsburgh itself and almost .....»»

Category: topSource: bizjournalsMay 10th, 2021

Google"s childcare workers are furious about the company ordering them back into the office without paying their transportation costs

The workers said they're paid an average of $20/hour and are mad Google isn't footing the bill, despite saving $1 billion annually .....»»

Category: topSource: businessinsiderMay 7th, 2021

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses The other day, we learned that Credit Suisse, which was left on the hook for $5 billion after dumping blocks of s.....»»

Category: worldSource: nytMay 5th, 2021

Inside the life of Bill Gates" daughter Jennifer, an elite equestrian who stands to inherit "a minuscule portion" of her father"s $130 billion fortune

Bill Gates' eldest daughter, Jennifer, recently gave an interview discussing growing up enormously wealthy. Take a look inside her .....»»

Category: topSource: businessinsiderMay 3rd, 2021

Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, due to a property refinancing deal, reports say

As part of a $1.2 billion bond sale and refinancing, Vornado Realty Trust and The Trump Organization were set to get $617 million, Bloomberg reported. Protestors outside 555 California Street in San Francisco in 2017. Ben Margo/AP Photo Vorn.....»»

Category: topSource: businessinsiderMay 1st, 2021

Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, from a property refinancing deal, reports say

As part of a $1.2 billion bond sale and refinancing, Vornado Realty Trust and The Trump Organization were set to get $617 million, Bloomberg reported. Protestors outside 555 California Street in San Francisco in 2017. Ben Margo/AP Photo Vorn.....»»

Category: topSource: businessinsiderMay 1st, 2021

Palantir CEO Saw Compensation Rise Nearly 9,000% In 2020

Palantir Technologies Inc (NASDAQ: PLTR) CEO Alexander Karp was paid $1.10 billion last year for his service to the data analytics company. read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Strengthening tax enforcement on the wealthy could raise $700 billion in 10 years, Treasury says

Biden wants to invest about $80 billion in the IRS after a decade of budget cuts and declining audits. .....»»

Category: topSource: businessinsiderApr 28th, 2021

Biden wants to spend $225 billion in his new plan to give you guaranteed sick and family time off work

Biden's American Families Plan would guarantee 12 weeks of paid leave by its 10th year and would provide workers up to $4,000 per month. .....»»

Category: topSource: businessinsiderApr 28th, 2021

Archegos hit tops $10B after UBS, Nomura losses

The battering to Wall Street banks from Archegos Capital Management topped $10 billion after UBS Group AG and Nomura Holdings Inc. reported fresh hits caused by the fund’s collapse......»»

Category: topSource: foxnewsApr 27th, 2021

Bond Report: U.S. Treasury yields rise before $62 billion debt auction

U.S. Treasury yields edge higher early Tuesday as investors eye a debt auction and a midweek Federal Reserve meeting......»»

Category: topSource: marketwatchApr 27th, 2021

"Hell no, don"t raise them!": Manchin dismisses GOP-favored gas taxes and user fees to pay for infrastructure

A GOP-led bloc is assembling an infrastructure proposal ranging from $600 billion to $800 billion, possibly paid for.....»»

Category: topSource: businessinsiderApr 21st, 2021

Have Chinese State Banks Quietly Bought $180 Billion In Gold?

Have Chinese State Banks Quietly Bought $180 Billion In Gold? By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1.....»»

Category: personnelSource: nytApr 18th, 2021

Nike responds to report on taxes, says it paid $9.1 billion since 2016

Two weeks after the publication of a report that said Nike hadn't paid federal income taxes in three years, the sportswear giant late Friday said it has paid more than $9.1 billion in U.S. taxes since 2016......»»

Category: topSource: bizjournalsApr 16th, 2021

Treasury yields extend slide after solid 30-year bond sale

U.S. Treasury prices rallied, pushing yields lower, following an auction for $24 billion of 30-year government bonds that "stopped through" by 1.6 basis points, a sig.....»»

Category: topSource: marketwatchApr 13th, 2021

The IRS is looking to send $1.3 billion in refunds for people who didn’t file a 2017 return

IRS has refunds worth $1.3 billion for people who still haven't filed their 2017 federal tax returns. The agency also suspends the requirement for people to repay excess payments of the 2020 premium tax credit......»»

Category: topSource: washpostApr 13th, 2021