interest

Mortgage News: Interest rates are on the rise!

Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 %…

4 years ago

Telecom Italia issues third profit warning in a year

Telecom Italia (TIM) (TLIT.MI), facing a takeover approach from U.S. fund KKR (KKR.N), has cut the 2021 earnings forecast for its domestic…

4 years ago

Ericsson to buy cloud firm Vonage for $6.2 bln

Mobile telecoms equipment maker Ericsson (ERICb.ST) said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.

4 years ago

Some investors have not got Evergrande unit’s bond interest due Nov 6: sources

Some holders of offshore bonds issued by a unit of developer China Evergrande Group (3333.HK) had not received interest payments due on…

4 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

4 years ago

S&P 500 and Nasdaq end lower after hitting record highs

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting…

4 years ago

Rising inflation puts Bank of England on the spot

The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke…

4 years ago

Alfi Inc shares set to fall from record highs, ‘meme stock’ Torchlight sinks

Shares of software firm Alfi Inc (ALF.O) fell 10% in early deals on Wednesday after more than doubling in value…

4 years ago

Analysis: Fed’s “big tent” framework may fray under inflation surge

The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best…

4 years ago

JPMorgan stockpiling cash, waiting for interest rates to rise -CEO

JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in…

4 years ago