Latest in Oaktree backed bank under court administration over mafia linked loans
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Politics - The Hill
SBA disaster loan program is out of money, says Biden
President Biden said on Tuesday that a key federal program that provides disaster loans to businesses and homeowners is tapped out on funds in the aftermath of back-to-back hurricanes. Biden said ...October 15 - Joe Biden -
World - The Wall Street Journal
Biden Administration Issues Warning to Israel on Gaza Aid
The administration is urging Israel to improve the humanitarian situation in Gaza or risk a cut to arms sales, the starkest threat by the U.S. since the war began last year.October 15 - Joe Biden -
Politics - Politico
Disaster loan program fully ‘exhausted’ with Congress still out of town
Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild after disasters like Hurricanes Helene and Milton.October 15 -
Business - CNBC
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.October 15 -
Top stories - NBC News
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.October 15 -
Top stories - The New York Times
Supreme Court Leans Toward Truck Driver Fired Over Drug Test
The driver, Douglas Horn, sued the maker of a product said to be free of THC under a federal racketeering law, saying he had suffered a business injury.October 15 -
Business - CNBC
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.October 15 -
Top stories - CBS News
Why home equity loan lending is rising (and what to do about it)
More and more borrowers are turning to home equity loans this year. Here's why you may want to pursue one, too.October 15 -
Sports - ESPN
Rodón emulates 'robot' Cole, steers Yanks' G1 win
After struggling to control his emotions in the ALDS, Carlos Rodón sought to emulate teammate Gerrit Cole's demeanor on the mound. On Monday, he nailed the imitation, pitching the Yankees to a win ...October 15 - MLB -
Top stories - CBS News
What to know before refinancing your home equity loan
As interest rates drop, borrowers may want to refinance their home equity loan. Here's what they should know first.October 15 -
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Business - Financial Times
Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyOctober 15 -
Politics - The Hill
At $1 trillion, Biden-Harris the most wasteful administration ever
The Biden-Harris administration has wasted more money than any other administration in modern history, with $1 trillion wasted on improper payments, and an additional $7.65 trillion in deficit ...October 15 - Joe Biden -
World - ABC News
Canada, India expel each other's diplomats in escalating dispute over assassination
Canada says it has identified India’s top diplomat in the country as a person of interest in the assassination of a Sikh activist there and expelled him and five other diplomatsOctober 15 - India -
Politics - The Hill
Ocasio-Cortez criticizes Biden administration over 'unrestrained' Israel government
Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized the Biden administration on Monday over what she called an “unrestrained” Israeli government. “The horrors unfolding in northern Gaza are the ...October 14 - Joe Biden -
Politics - The Hill
SBA disaster loan fund running low
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story SBA disaster loan fund running low Congress is facing more pressure ...October 14 -
Business - MarketWatch
‘DJT’ and these other Trump-linked stocks are rallying with just over three weeks until the election
Shares of Trump Media, which operates the social-media platform Truth Social and is viewed as a Wall Street proxy for Republican nominee Donald Trump’s election bid, soared last week.October 14 -
World - The Guardian
Marine Le Pen questioned in court over alleged fake EU jobs scam
French far-right leader denies embezzling EU funds and compares European parliament to a ‘blob’. The French far-right leader Marine Le Pen has denied embezzling EU funds in a fake jobs scam when ...October 14 - European Union -
World - The New York Times
Supreme Court Ruling Means Italy’s ‘Bunga Bunga’ Saga Is Not Over
The ruling sets the stage for yet another trial related to the scandal involving Silvio Berlusconi, the former prime minister of Italy who died last year.October 14 -
Business - MarketWatch
B. Riley’s stock soars 30% after bank agrees to sell Great American to Oaktree for almost $400 million
Investment bank’s stock is down 73% in the year to date amid regulatory fallout over a loanOctober 14 -
Business - Financial Times
Evening Standard kept afloat with £44mn in loans from Lebedev and other investors
Accounts show Russian-born peer also wrote to company promising to provide continued supportOctober 14 -
Business - The Wall Street Journal
Corporate Retreats Are Back. Hotels Are Banking on It.
Desire for more face-to-face meetings is spurring companies to book group events.October 14 -
Business - The Wall Street Journal
Starbucks Scales Back Discounts Under New CEO
Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.October 14 -
Business - Financial Times
ECB challenges Serbian bank’s takeover bid over money laundering concerns
Stakebuilding in Austrian lender Addiko under scrutiny by central bankOctober 14 -
Top stories - The New York Times
An Artist Signed Over His Career to Investors. Now He Wants It Back.
Bjarne Melgaard’s rise in the art world came with strings attached and an unusual contract with investors. Now he’s suing to regain control of his artwork.October 14 -