Retail & Commercial

States with Many Community Banks Distributed More PPP Loans Per Capita

There were three times as many Paycheck Protection Program (PPP) loans made in the 10 states with the most community banks per...

Varo Bank Becomes First U.S. Fintech to Receive National Charter

Varo Bank, N.A. made history on July 31, when it became the first digital banking app to receive a national charter from...

American Bankers Association Recommends Face Masks for Customers, Employees in Banks

The American Bankers Association has urged members nationwide to require face masks in banks. The recommendation is a measure to secure the...

Major Banks Set Aside $25 Billion to Prepare for Coronavirus Loan Losses

America's three biggest banks have reserved billions of dollars to cover potential coronavirus loan losses in the third and fourth quarter. JPMorgan...

Main Street Lending Program Increases Access to Credit for Nonprofits

Nonprofit organizations can now access new loans up to $35 million and expanded loans up to $300 million through the Main Street...
Banks have announced that they are running out of spare change

Coronavirus Pandemic Produces U.S. Coin Shortages

The coronavirus pandemic has produced U.S. coin shortages nationwide. Banks have announced that they are running out of spare change.

International Trade to Decline Sharply in Second Quarter Due to COVID-19

The United Nations Conference on Trade and Development (UNCTAD) has estimated that international trade will decline 27% in the second quarter. Secondly,...

Quarterly Report 2020: Tariffs and International Trade Agreements, 2nd Quarter 2020

The 2nd quarter tariffs of 2020 affected imports, including aluminum and steel, as well as whiskey, on U.S. manufacturers. There were also...

FHFA House Price Index Up 0.2% in April

U.S. house prices rose in April, up 0.2% from March 2020. This is according to the Federal Housing Finance Agency (FHFA) House...

U.K.-U.S. Trade Negotiations Under Scrutiny

The United Kingdom's House of Lords International Agreements Sub-Committee has called for evidence on the recent U.K.-U.S. trade negotiations.

Recent Articles

New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
CPI U.S. Inflation

CPI Shows U.S. Inflation Rose to 13-year High in April

The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....

Gray Television to Acquire Meredith’s Station Group For $2.7 Billion

Gray Television (NYSE: GTN) announced on Monday May 3 that it has entered a deal to acquire Meredith Corp.'s (NYSE: MDP) local media group...

Code Chain New Continent Limited to Acquire Doo Limited

On Monday April 26, Code Chain New Continent Limited (NASDAQ: CCNC) announced its plan to acquire Filecoin miner Doo Limited. Code Chain...

Stem Cell Biotech Company Talaris Therapeutics Inc files for IPO

The late cell stage cell therapy company, Talaris Therapeutics Inc files for a $100 Million IPO On the 16th of April 2021....

Most Popular

M&T Bank to buy People’s United Financial for $7.6 billion

M&T Bank plans to buy People’s United Financial for $7.6 billion in an all-stock transaction. The combined entity will create a financial...

Deliveroo Trims Initial Public Offering Price

London-based food delivery service Deliveroo has trimmed its initial public offering range after citing a 'volatile' market. The company announced on Monday...

MDC Partners Move to Delaware If Shareholders Vote Yes

In paperwork filed with the SEC, MDC Inc. Partners (NASDAQ: MDCA) proposes to move to Delaware. Currently, they are in Canada. If...

CereVasc Raises $43.9 Million for eShunt System

Cerevasc is a Boston-based company that develops novel treatments for people who are suffering from neurological diseases, like hydrocephalus

JC Penney Emerges from Bankruptcy in Time for the Holiday Season

JC Penney emerged from Chapter 11 Bankruptcy on Dec. 7, 2020, just in time for the holiday season rush. The 118-year-old retailer...