In several articles, Nettavisen has written about Norwegians struggling with unpaid bills and debt collection claims. Earlier in April informed the debt collection giant Kredinor that the size of our debt collection claims is larger than before – but that they were not more in number. In Statistics Norway’s recent living conditions survey, 970,000 people, … Read more
In U.S. bank Wells Fargo’s January-March (first quarter) results, net interest income (NII) was lower than market expectations. Loan growth was weak and pressure to raise deposit rates increased, canceling out the benefits of higher interest rates. According to the announcement on the 12th, NII for the January-March period decreased 8.3% from the same period … Read more
U.S. payrolls increased by the most in nearly a year in March, and the unemployment rate fell. It showed that a strong labor market is boosting the economy. US employment rose by 303,000 in March, the largest increase in a year – unemployment rate falling (1) The views of market participants regarding the statistics are … Read more
The number of U.S. job openings in February was almost unchanged from the previous month. This suggests that demand for labor is stabilizing at a high level. Key Point The number of U.S. job openings increased slightly to 8.756 million in February. The median forecast by economists is 8.73 million. The previous month was revised … Read more
Akihiro Fukudome, the new chairman of the Japanese Bankers Association (President of Sumitomo Mitsui Banking Corporation), believes that the Bank of Japan’s monetary policy will remain accommodative for some time. Furthermore, the government predicted that the policy interest rate would only be raised by 0.25% over the next year. Mr. Fukudome, who assumed the position … Read more
History tells us that the first phase of monetary tightening by the Bank of Japan marks the end of the rise in bank stocks. The Wall Street adage “buy on rumors, sell on facts” seems to apply. Since the Bank of Japan slightly revised its yield curve control (YCC) policy contrary to market expectations in … Read more
The Bank of Japan will consider completely suspending new purchases of exchange-traded funds (ETFs), which it has continued to do since 2010, when it reaches its 2% inflation target and begins to normalize policy. This was revealed through interviews with multiple parties involved. According to people familiar with the matter, with the stock market hovering … Read more
Over the last few years, people have made the decision to purchase a motorcycle. On the one hand, this is due to the fact that people refuse to put up with the traffic jams in the main cities, such as Bogotá, and on the other hand, thanks to the wide variety of financial possibilities regarding … Read more
The Average Credit Score in the US Declines for the First Time Since 2013 The average credit score in the US has fallen for the first time since 2013, according to FICO, the data analytics firm used in 90% of lending decisions. In October 2023, the average FICO score decreased to 717, a one-point decline … Read more
In order to improve public safety on the New York City subway system, Governor Hoechl of New York State announced a plan to mobilize 750 National Guard troops to stations and other areas. The governor is also seeking to amend the law to allow courts to bar people convicted of subway or other violence from … Read more