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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......»»
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......»»
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......»»
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......»»
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 .....»»
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 .....»»
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.....»»
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 .....»»
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.....»»
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.....»»
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.....»»
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. .....»»
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. .....»»
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......»»
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......»»
"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.....»»
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.....»»
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......»»
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.....»»
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......»»