Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Read more at The Wall Street Journal
Topics
-
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, one that has long enjoyed Republican support and that could put up yet ...The Hill - 2h -
Musk's son 'Lil X' steals spotlight in the Oval Office
The billionaire has brought his four-year-old to numerous Washington events.ABC News - 2h -
Putin 'not preparing for peace,' Zelenskyy says after deadly ballistic missile strike
President Volodymyr Zelenskyy called on Western partners to apply more pressure to Russia after a deadly overnight ballistic missile and strike.ABC News - 3h -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 14h -
Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs Off DEI
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.The New York Times - 15h -
These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - 1d -
Betis CEO open to extending Antony loan spell
Real Betis CEO Ramón Alarcón has opened the door to extending Antony's loan spell at the club beyond the summer.ESPN - 17h -
‘Trump trades’ start to misfire as dollar weakens
Treasuries rally as investors take more bearish view on economic impact of new president’s policiesFinancial Times - 19h -
Wall Street Journal: Trump repeating first-term 'blunder'
The editorial board of The Wall Street Journal is warning President Trump is making similar mistakes on trade to those during his first term in the White House. Noting Trump's orders imposing 25 ...The Hill - 22h -
Nick Robinson's X account hacked to promote crypto
The Today programme presenter said his login details were stolen after he clicked a link in a fraudulent email.BBC News - 1d -
US banks ❤️ private capital
What we do in the shadowsFinancial Times - 1d -
Who wants to look a million dollars, these days? | Zoe Williams
There was a time when being a millionaire represented fantastical, unimaginable wealth – but our language needs an update. Two friends and I were walking through our various rationales for some ...The Guardian - 1d -
Real Madrid prepare for Manchester City with ‘total emergency’ in defence
An injury crisis means Carlo Ancelotti must get creative in the Champions League playoff against Manchester City. Dani Carvajal, Antonio Rüdiger, David Alaba, Éder Militão and Marcelo were in the ...The Guardian - 1d -
Sell McDonald's on Monday's gains, Main Street Research investor says
Main Street Research's James Demmert says to sell McDonald's and Charles Schwab. The investor is bullish on German software stock SAP.CNBC - 1d -
How much does a $40,000 home equity loan cost monthly in 2025?
Considering a $40,000 home equity loan? Here's how much it could cost qualified borrowers each month.CBS News - 1d -
3 costly home equity loan mistakes to avoid this February
Homeowners can improve their chances of home equity loan borrowing success by avoiding these three mistakes now.CBS News - 1d -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - 1d -
Ye's X account deleted after antisemitic posts
Ye, the rapper formerly known as Kanye West, has left the social media platform X after a days-long posting spree that included multiple antisemitic comments. It is unclear whether X deactivated ...The Hill - 1d -
New Zealand raises ‘concern’ as Cook Islands prepares to sign China deal
Deputy PM says New Zealand hasn’t been adequately consulted on an agreement the Cook Islands leader is expected to sign in Beijing this week. A diplomatic row has erupted between two tight-knit ...The Guardian - 2d -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
'Friends' star David Schwimmer calls on Musk to take Ye off X
David Schwimmer, a star on the sitcom ‘Friends,’ called on billionaire tech entrepreneur Elon Musk to take Ye, the rapper formerly known as Kanye West, off of Musk’s X social media platform. In an ...The Hill - 2d -
Top Wall Street analysts pick these 3 stocks for attractive dividends
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including International Business Machines and Verizon.CNBC - 3d -
Watch: Jude Bellingham’s x-rated rant at official in Madrid derby
Jude Bellingham faces potential punishment from La Liga after he appeared to swear at an official during Real Madrid’s 1-1 draw with Atlético Madrid.Yahoo Sports - 3d -
Confusion, tears and 'Hunger Games' at USAID as agency prepares to go dark
"We feel like it's closing time at the store and we're the ones left to turn off the lights," one career official told ABC News.ABC News - 3d -
President Trump continues attacks on government agencies as he prepares for funding bill
President Trump hosted a group of Republican senators on Friday night at his Florida resort, trying to build Congressional support for a massive funding bill. Meanwhile, he continues to attack the ...CBS News - 3d -
'UK's most romantic village' prepares for Valentine's Day
The small village is famed across the world for its unique postal service.BBC News - 3d -
A Wall Street trader disappeared, then wound up dead in a U.S. Border Patrol shootout
Ophelia Bauckholt was killed in a shootout with U.S. Border Patrol agents in northern Vermont — an unlikely end to a life that held so much promise.NBC News - 4d -
How New Orleans is preparing for Super Bowl LIX
President Trump will be inside the Superdome in New Orleans on Sunday night to watch the Eagles and Chiefs in the Super Bowl. Michael Hecht, CEO of Greater New Orleans Inc. and Super Bowl LIX ...CBS News - 4d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 4d -
Frontier Air’s stock rallies as its rosier outlook, new routes wow Wall Street
Frontier plans an expansion to cities such as Reno, Nev.; and Tuscan, Ariz.MarketWatch - 4d -
Expedia’s stock rallies 17% as Wall Street cheers the return of its dividend
For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.MarketWatch - 4d -
Lawmakers question Musk’s ‘infiltration’ into Education Dept. and student loan borrower data
Senators expressed concern that Elon Musk's DOGE had "infiltrated" the U.S. Department of Education and possibly gained access to federal student loan data.CNBC - 4d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 4d -
Philippine vice president preparing for impeachment battle but silent on option to resign
Philippine Vice President Sara Duterte says her lawyers are preparing for a legal battle in her upcoming impeachment trial but refused to say if resignation is an optionABC News - 5d -
Israel begins preparations for Gaza exodus as Egypt lobbies against Trump plan
Israel says it has begun preparations for the departure of large numbers of Palestinians from the Gaza Strip in line with President Donald Trump’s plan for the territoryABC News - 6d
More from The Wall Street Journal
-
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - Jan. 24 -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - Jan. 24 -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - Jan. 24 -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - Jan. 24 -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - Jan. 24
More in Business
-
Elon Musk’s Oval Office Talk Dispels Doubts About His Power
Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.The New York Times - 2m -
Elon Musk’s Oval Office Talk Dispels Doubts About His Power
Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.The New York Times - 2m -
CVS shares pop 10% on big earnings beat, even as high medical costs drag down insurance unit
It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.CNBC - 3m -
CVS’s stock soars after a big profit beat, continued improvement in PBM business
CVS’s stock soared toward a three-month high after its quarterly profit beat expectations by the widest margin in more than four years.MarketWatch - 4m -
CVS’s stock soars after a big profit beat, continued improvement in PBM business
CVS’s stock soared toward a three-month high after its quarterly profit beat expectations by the widest margin in more than four years.MarketWatch - 4m