Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing,...
The Bank of England’s deputy governor for financial stability, Jon Cunliffe, has warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced. In a speech Wednesday, Cunliffe likened the rate of growth of the cryptoasset market, from...
Foreclosures are starting to surge as government and private sector programs designed to help homeowners deal with the economic fallout of the Covid-19 pandemic have begun to expire. Mortgage lenders began the foreclosure process on 25,209 properties in the third...
People pursuing public service loan forgiveness know how difficult the program can be to successfully navigate. Less than 5% of those who’ve applied for the relief have been approved. The U.S. Department of Education announced that it would be giving...
Anyone out house hunting right now knows the pickings are slim, the competition is fierce and the prices are high, but one analyst said there are actually too many houses being built. The supply of homes for sale at the...