Loan
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Business
Wells Fargo Beats Expectations but Sets Aside Money for Loan Losses
why it matters Wells Fargo is one of the nation’s largest mortgage lenders, and analysts are watching its earnings for…
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Cryptocurrency
Coinbase officer argues U.S. student loan ruling sets precedent for SEC on crypto regulation
Coinbase Chief Legal Officer Paul Grewal said on July 4 that, judging by a recent Supreme Court opinion, the U.S.…
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Business
Many Student Loan Borrowers Will Continue to Struggle After Supreme Court Ruling
The Supreme Court has blocked the Biden administration from implementing a plan to extinguish up to $20,000 of federal student…
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Business
Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan
Ford Motor Company and its battery manufacturing partners will receive $9.2 billion in loans to build three battery plants in…
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Business
Student Loan Pause Is Ending, With Consequences for Economy
A cornerstone of pandemic-era household salvation is coming to an end. A debt-restriction pact signed by the White House and…
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Business
China’s Central Bank Cuts Loan Prime Rates
The People’s Bank of China cut key interest rates on loans issued by the state-owned banking system on Tuesday, a…
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Business
Hotelier Stops Making Loan Payments on Two San Francisco Properties
Park Hotels & Resorts, which operates two of San Francisco’s most prominent hotels, has turned over the keys to the…
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Cryptocurrency
Bittrex to receive 250 BTC loan valued at $7M to start bankruptcy case
A US bankruptcy judge has approved a $7 million loan request from Bittrex’s parent company, according to Reuters. May 10th.…
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Cryptocurrency
MicroStrategy bought $209M in Bitcoin in Q1 2023; repaid Bitcoin-backed loan to Silvergate
MicroStrategy continued to invest in Bitcoin last quarter, as shown by the company’s financial results. May 1st. MicroStrategy President and…
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Business
Why SoFi Is Suing to End the Student Loan Payment Pause
an online personal finance company called Sophie It first made a name for itself by fundraising from Stanford University alumni…
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