Banks face growing risk as double defaults on commercial loans mount

A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic risk

World - Financial Times - 5 hours ago

Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise

Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition

Business - MarketWatch - October 23

Argentina’s economy minister strikes defiant note on default risk

Despite $14bn due next year, Luis Caputo insists the government will be able to foot the bill, with fiscal surplus forecast

World - Financial Times - October 23

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - Yesterday

3 home equity loan risks to know this November

Home equity loans can be helpful for borrowers now but there are some risks to know this November. Here are three.

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

Oaktree-backed bank under court administration over mafia-linked loans

Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime

World - Financial Times - October 24

Deteriorating Loans Stress Regional Banks’ Office Building Portfolios

The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.

Business - Inc. - October 29

Caterpillar’s stock falls after new bear calls out ‘mounting risks’ to earnings

Caterpillar’s stock pulled back from a record on Monday, after an analyst’s warning to sell ahead of earnings, citing valuation and signs of growing risks of weakness in the construction business.

Business - MarketWatch - October 14

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.

Business - Inc. - October 14

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - October 26

The stock market is ready for its melt-up as investors ignore growing risks

Setting the stage for another show of irrational exuberance.

Business - MarketWatch - October 22

Oil prices end higher as risk of Iranian strike on Israel grows

Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...

Business - MarketWatch - 6 days ago

In key swing states, the lines at food banks are growing longer

Across the rural communities and industrial towns of western Michigan, semitrucks hauling thousands of pounds of food are pulling up to church parking lots and community centers where growing lines ...

Politics - NBC News - October 26

Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves

The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.

Business - CNBC - October 15

Middle East latest: Israel faces mounting criticism over attacks on UN peacekeepers

Israel is facing more criticism over attacks on United Nations peacekeepers in southern Lebanon

World - ABC News - October 14

Polar bears face higher risk of disease in a warming Arctic

Climate change and sea ice loss leaves polar bears exposed to more diseases, research suggests.

Bowen: Iran faces hard choices between risks of escalation or looking weak

International editor Jeremy Bowen examines what Iran's response might be to Israel's latest attack.

One-Third of World’s Trees Face Extinction Risk, Report at COP16 Says

They play an essential role in supporting life on Earth, but many species are in decline, researchers found.

World - The New York Times - October 28

Inside growing drone threat the U.S. faces with multiple breaches of restricted airspace

Gordon Lubold from The Wall Street Journal joins "CBS Mornings Plus" to discuss the rise in drone activity over restricted U.S. military airspaces.

Trudeau facing ‘iceberg revolt’ as calls grow for embattled PM to step down

The scale of what lurks beneath the surface could be vast – can the Liberal leader defy the odds and win a fourth term?. Justin Trudeau, who promised “sunny ways” as he won an election on a wave ...

World - The Guardian - October 29

Trump campaign faces growing outrage over racist rhetoric at MSG

As the Trump campaign faces growing backlash over racist rhetoric made by guest speakers at his rally in New York City, Vice President Kamala Harris is pouncing on the opportunity, putting out new ...

Politics - NBC News - October 29

Lebanon's detained former central bank governor faces new corruption charge

A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant

World - ABC News - 6 days ago

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - October 25

Banks warn UK Treasury of risk of sector turmoil after car finance ruling

Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissions

Business - Financial Times - October 29

Commercial property’s moment of truth

Interest rates have peaked and activity in several sectors is picking up, but some fear bad news is still to emerge

Business - Financial Times - October 24

Study shows senior-level working women face double the burnout of male counterparts

A study from "Lean In" and "McKinsey & Company" surveyed nearly half a million women across 1,000 companies, revealing significant challenges for women in corporate America. Data shared exclusively ...

She had her dream job. Now she's facing death threats, a cyberstalker and growing legal bills

Misinformation researchers say they are facing a more treacherous landscape this election season than in the past, fueled by online trolls and lawsuits.

Business - CNBC - October 23

Expect more emerging market sovereign defaults, says S&P

Countries exiting restructurings have lower ratings than in the past and may struggle to access capital

Business - Financial Times - October 14

The commercial real estate recovery is on, but the rebound may be uneven

The Fed's shift in policy is "the most notable green shoot" for the CRE market, according to Wells Fargo analysts.

Business - CNBC - October 18

Matt Rempe Puts His Acting Skills On Display In Hilarious Commercial

Here's a look at Matt Rempe in the newest Body Armor commercial.

Sports - Yahoo Sports - October 13

This Startup Wants to Build the Commercial Replacement for the International Space Station

Vast Space, a California company, believes its Haven 2 design is the best successor to the decades-old ISS project.

Business - Inc. - October 15

GE Aerospace’s stock sinks as total sales beat, but commercial engines miss

GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year high

Business - MarketWatch - October 22

Rising insurance costs are another storm gathering over commercial real estate

Skyrocketing insurance premiums are a growing problem — and not only for homeowners.

Business - MarketWatch - October 23

What Commercial Real Estate Property Owners Need to Know

The multifamily market is experiencing mayhem—here’s what you should do.

Business - Inc. - October 23

Boohoo says it needs to protect commercial position in Frasers spat

Fast-fashion retailer hits back at Mike Ashley’s demand to be appointed chief executive

Business - Financial Times - October 25

Goodbye to low-tax Britain

One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shift

Business - Financial Times - October 30

Reeves has made her choice — but success is not guaranteed

The British people will hope that higher spending delivers the better services they want

Business - Financial Times - October 30

LA28 hires Nike's John Slusher to lead commercial arm

Nike executive John Slusher is moving into the Olympic world to head the commercial arm for the 2028 Los Angeles Olympics

Sports - ABC News - October 30

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