Category: Financial News
Pandemic has disrupted retirement plans for 35% of Americans, study finds
Lorie Konish | CNBC | Oct 12th, 2021
Category: Financial News
Covid-19 has been a financial boon or bust for workers, depending on their personal situations. Now, those effects are changing when many Americans say they …
Chinese Luxury Developer Fantasia Fails to Repay $206 Million U.S. Dollar Bond
Anniek Bao, Serena Ng and Frances Yoon | WSJ | Oct 5th, 2021
Category: Financial News
Fantasia Holdings Group Co., a developer of luxury apartments in China, said it didn’t make a $206 million U.S. dollar bond payment that was due Oct. 4, adding …
Fannie Mae: High prices, construction delays, low inventory will dog housing market into 2022
Marc Rapport | USA Today | Sep 24th, 2021
Category: Financial News
Fannie Mae says it expects U.S. home sales to end 2021 a bit higher than they were the year before and the multiple economic effects of the coronavirus pandemic …
Evergrande Borrowed From Everyone
Matt Levine | Bloomberg | Sep 21st, 2021
Category: Financial News
Evergrande I am very far from an expert on the situation at giant indebted property company China Evergrande Group, but I will say that two things that appear …
Democrats seek new tax on America's richest while scaling down other hikes
Denitsa Tsekova | Yahoo Finance | Sep 13th, 2021
Category: Financial News
Tucked into the House Democrats’ tax plan to raise $2.2 trillion in tax revenue is a new tax on the country’s wealthiest Americans — but other, …
