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Latest bank turmoil turns spotlight to ‘NDFI’ lending market. What is that and should you be worried?
The troubles at two regional banks that helped drive Thursday’s stock market pullback could have been idiosyncratic, but one thing is clear: Just in case, Wall Street is now on alert for systemic credit risk. Stocks fell Thursday, with the Dow Jones Industrial Average closing down by more than 300 points, thanks to worries about […]
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Trump’s approval rating on the economy takes hit because of shutdown, inflation, CNBC survey finds
Americans’ views on the economy turned more negative in the third quarter with deepening concerns about jobs, inflation and the outlook, according to the CNBC All-America Economic Survey. Together with blame for the shutdown aimed at the president and congressional Republicans, those views dragged down President Donald Trump’s net approval rating on the economy to […]
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Global bank stocks sell off as fears mount over bad loans
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images Banking stocks across the globe sold off on Friday, as fears […]
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