Popular retailer gets crucial warning as bankruptcy rumors swirl

thestreet.com While some top retailers report considerably impressive earnings this spring, others are having a harder time keeping their head above the water. The dichotomy in this…

Car insurance costs are surging

aol.com Like many consumers, President Biden rants about shrinkflation, junk fees, and corporate price gouging. But the most eye-popping inflation at the moment is coming from an…

BlackRock bags one third of $1.3bn tokenised US bond market only two months after launch

dlnews.com BlackRock’s Ethereum-based tokenised fund has secured about a third of the $1.3 billion tokenised Treasuries market in just under two months, according to data shared by S&P…

S&P Global Rankings Urges Asset Managers To Embrace Tokenization

thedefiant.io The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy financial architecture. In a May…

How BlackRock’s BUIDL is accelerating the rush to tokenise $27tn in US bonds

dlnews.com BlackRock’s BUIDL fund has paved the way for investors to tap into the $27 trillion market for US government bonds. The tokenised Treasury market has already amassed over $1…

China’s ‘White-List’ Makes Little Headway Amid Property Gloom

asiafinancial.com China’s protracted property sector crisis has entered its fourth year amid a growing belief that deleveraging of the once–booming sector will turn into a major clearout that…

Blue-Chip Blues: 3 Stocks to Ditch Before They Drag You Down

investorplace.com Blue-chip stocks to sell might seem odd, especially in a year with rising corporate earnings, a U.S. presidential election and possibly three rate cuts. However, stock…

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes

cnbc.com BEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see — let alone move into to — the apartments they said they paid for…

Turkcell’s Credit Rating Upgraded by S&P Global

tipranks.com Turkcell Iletisim Hizmetleri As (TKC) has released an update. S&P Global Ratings has upgraded Turkcell’s credit rating from ‘B+’ to ‘BB-‘, with a s...

Quebecor Inc. reports consolidated results for first quarter 2024

benzinga.com MONTRÉAL, May 9, 2024 /CNW/ - Quebecor Inc. ("Quebecor" or "the Corporation") today reported its consolidated financial results for the first quarter of 2024. First quarter…

Brookfield Reinsurance Announces Credit Rating Upgrade of American Equity Investment Life Insurance Company to A

benzinga.com BROOKFIELD, NEWS, May 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE, BNRE.A)) today announced that its wholly-owned operating subsidiary American…

Americans have spent their savings. Economists worry about what comes next

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Retailers jacked up prices and squeezed consumers. They might have just blinked

cnn.com Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding…

Videotron receives investment-grade rating from S&P Global Ratings

benzinga.com MONTRÉAL, May 6, 2024 /CNW/ - Quebecor welcomes the decision by S&P Global Ratings ("S&P") to upgrade Videotron's credit rating from BB+ to BBB-. S&P also upgraded…

Has the US cracked the code on avoiding recessions? It would be great news for your job security and stock portfolio

aol.com None Official NBER recession data says US recessions have become less common over time. • None But some economists have argued that flawed historical economic data puts this…