What a stressed commercial real estate market means for these exposed bank stocks
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial…
Trump and company liable for fraud in New York lawsuit, judge rules
A judge on Tuesday ruled that Donald Trump and his company are liable for fraud by misstating the true values…
China’s retail sales surprise with faster growth in August, but real estate drag worsens
BEIJING — China’s retail sales and industrial production picked up pace in August with better-than-expected growth, according to National Bureau…
What is shadow banking? Unpacking the risks for China
BEIJING — China’s real estate problems have again drawn attention to the world of shadow banking and the risks it…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…
Trump fraud case: New York attorney general says ‘mountain’ of evidence justifies summary judgment
New York Attorney General Letitia James asked a judge Wednesday for a partial summary judgment against Donald Trump in her…
Biden to reassure Maui’s Lahaina residents they will control rebuilding after devastating wildfires
U.S. Federal Emergency Management Agency Director Deanne Criswell said on Sunday that President Joe Biden will reassure the people of…
China’s property troubles aren’t getting better, intensifying calls for bolder policy help
China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that…
China’s downside risks are growing, and its economy is less likely to reach 5% this year
BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists…
China reports big data miss in July, stops releasing youth unemployment numbers
BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include…
