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Capital One Confirms Sale of Office Loans Amidst Industry Challenges

Capital One has sold $900 million in office loans as the office sector grapples with rising interest rates and declining property values. The sale is...

Capital One Confirms Sale of Office Loans Amidst Industry Challenges
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Retail Sales in the UK Experience Larger Decline Than Expected

July retail sales in the UK experienced a larger decline than anticipated due to unseasonably wet weather and economic challenges. Inflation remained...

Retail Sales in the UK Experience Larger Decline Than Expected
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China Evergrande's Bankruptcy Filing: Urgency for Beijing

China Evergrande's bankruptcy filing underscores the magnitude of the crisis in China's real estate market. Urgent action is needed to restore stabili...

China Evergrande's Bankruptcy Filing: Urgency for Beijing
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Urgent Need to Address Threats and Violence Against Public Officials

As threats and violence against public officials continue to rise, urgent action is needed to ensure their safety and defend democratic principles. Re...

Urgent Need to Address Threats and Violence Against Public Officials
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Tropical Storm Hilary Strengthens into a Hurricane

Tropical Storm Hilary has become a hurricane and poses a threat to Baja California with heavy rainfall and flash flooding.

Tropical Storm Hilary Strengthens into a Hurricane
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Tentative Signs of Improvement in Philadelphia Fed Index

The Philadelphia Fed index showed a notable improvement in regional business activity in August, providing some optimism for the struggling manufactur...

Tentative Signs of Improvement in Philadelphia Fed Index
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Norway's Central Bank Raises Policy Rate as Inflation Remains High

Norway's central bank raises policy rate to tackle high inflation levels in the economy.

Norway's Central Bank Raises Policy Rate as Inflation Remains High
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China Demands U.S. Lift Tariffs on Steel and Aluminum

The Commerce Ministry of China demands the U.S. lift tariffs on Chinese steel and aluminum, citing WTO ruling.

China Demands U.S. Lift Tariffs on Steel and Aluminum
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Justice Department Enforces Antitrust Law

Two directors from Pinterest have resigned from Nextdoor’s board in response to new efforts to enforce an antitrust law.

Justice Department Enforces Antitrust Law
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The Federal Reserve's Interest Rate Outlook

Bank of America predicts the Federal Reserve will keep its interest rate unchanged in September, but warns of potential market volatility if there's a...

The Federal Reserve's Interest Rate Outlook