U.S. Banks Anticipate Loan Demand Surge in 2024, Fed Survey Reveals
US banks expect an increase in loan demand with lower interest rates. Despite this, they plan to tighten credit standards for real estate, credit cards, and auto loans due to…
US banks expect an increase in loan demand with lower interest rates. Despite this, they plan to tighten credit standards for real estate, credit cards, and auto loans due to…
As China grapples with the challenges posed by its rapidly aging population, concerns are mounting about the sustainability of the country's retirement system. Additionally, with the population aged 60 and…
China, home to 1.4 billion people and the world's second-largest economy, faces a critical challenge as its population ages and undergoes a significant demographic shift. This transformation poses a threat…
On Monday, global stocks stayed steady. U.S. markets observed a holiday, and Chinese equities slightly dipped. China's CSI 300 index initially fell to its lowest since 2019 but later recovered,…
JPMorgan Chase faced a 15% dip in quarterly earnings, recording $9.31 billion, or $3.04 per share, attributed to a $2.9 billion fee linked to the government's takeover of failed regional…
In the recent developments on the Tel Aviv Stock Exchange, key indices faced a downturn. The Tel Aviv 35 Index closed down by approximately 0.45%, while the Tel Aviv 125…
The U.S. labor market finished 2023 robustly, with 216,000 jobs added in December, surpassing expectations. The unemployment rate held steady at 3.7%. The hiring boost came from a gain of…
Wall Street strategists express caution, indicating that immediate rate cuts are unlikely despite market optimism surrounding today's FOMC minutes. The optimism centers on the notion of a US "soft landing,"…
In the Federal Reserve's December meeting, officials debated a shift in U.S. monetary policy. Fed Chair Jerome Powell indicated the central bank's likely cessation of interest rate hikes and anticipated…
Gold price (XAU/USD) encounters intraday fluctuations amid a modest USD uptick, struggling to extend gains in the European session. The US Dollar sees a surge, reaching over a one-week high,…