Bloomberg – Goldman Sachs Group Inc.GS) partnered with Blackstone Inc (BX) to packaging private equity loans into bonds, a new type of debt that banks may try to sell more of in the future. Both sold last week US$475 million in bonds backed by loans that banks provide to investment fundsaccording to a person familiar … Read more
Bloomberg — Droughts, downpours and fires from Asia to the Americas are stoking concerns about crops, pushing up prices of basic foods which could end up resulting in higher bills. He índice Bloomberg Agriculture Spot -which includes nine main products- is on track to register a monthly rise of around 7%, the largest since the … Read more
Bloomberg — The drug Novo Nordisk A/S’s Wegovy has reduced the number of deaths and illnesses caused by Covid-19 in an extensive study conducted during the pandemic, once again demonstrating the benefits of this successful injectable, which transcend weight loss. The results, published this Friday in the Journal of the American College of Cardiology (American … Read more
Mexico Metropolis — The greenback is buying and selling at $17.81 Mexican pesos on the spot market (Mexico Metropolis, 6:16 a.m.) on the morning of Wednesday, July 10, implying an appreciation of 0.62% of the Mexican foreign money in comparison with yesterday. See extra: Value of the greenback at this time in Mexico, how did … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/32KUU6ZWD5FMRGBH3KL3JLZ7MY.jpg "How Elon Musk became the engine of the Texas economy")
Bloomberg — Elon Musk is now officially Austin’s largest private employer. Tesla Inc. (TSLA) increased its employee count 86% last year to 22,777 in the fast-growing Texas region, where the automaker produces Model Y SUVs and angular Cybertrucks. As a result, it surpassed grocery chain HEB, according to a new annual compliance report Tesla filed … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/BSPFP53DJBHATNI3QO3E6AUVRQ.jpg "Development Bank of Latin America (CAF) to Provide US Billion in Financing to Colombia – Bloomberg Interview with President Sergio Díaz-Granados")
Bogotá — The financing that CAF will provide to Colombia will be US$2,000 million this year. This was confirmed in an interview with Bloomberg Línea by the president of the Development Bank of Latin America (CAF), Sergio Díaz-Granados. These resources will be allocated to sovereign financing for nearly US$520 million; non-sovereign, with another US$500 million; … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/PZBTQ327VBD7DJIYXHRQC5AYVE.jpg "Mortgage applications to buy a home in the US increase for the fourth week")
Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/FSIUCEJRMFDT7IRAHHIKODAFQY.jpg "Toyota is sentenced to pay US million for deception in car loans")
Bloomberg — Toyota Motor Corp.’s (TM) lending division will pay $60 million to settle a U.S. regulator’s allegations that it tricked customers into buying additional products that increased their payments and then dragged them off when they tried to cancel them. . Toyota Motor Credit Corp. allegedly lied about whether the extras were required or … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/455WTVV4DFHHHF3OZRKY6G2E4Y.jpg "Alternative Strategies for Investing in Real Estate: Beyond Traditional Homeownership")
Bloomberg — Mortgage rates are high. Prices continue to increase. Besides, there is nothing to buy. In the opinion of many, It is a triad of frustrations that has deprived them of purchasing a house, which has long been a key avenue for building wealth in the U.S. However, despite this difficult housing market, there … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/W2OVLKJZTZAEZFJABLCGPI42K4.jpg "The Rise of Buy Now, Pay Later: A Concerning Trend for Generation Z")
Bloomberg Opinion — As Generation Z entered adulthood, studies emerged claiming they were the generation with the lowest levels of credit card debt. Of course they were: They couldn’t easily access credit cards. The Credit Card Accountability and Disclosure (CARD) Act of 2009 made it significantly more difficult for college-age consumers to obtain a credit … Read more