May 18, 2024
Property

New home for Roselle library? Village trustees agree to study property swap

The Roselle Public Library building, located at 40 S. Park St., dates to 1982. Officials could pin their hopes for a new library on land currently owned by the village. Daily Herald file photo A proposed land swap with the village of Roselle could allow library officials to pursue a new plan to replace their

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Loans

NYCB Stock Plummets After Bank Finds ‘Material Weaknesses, Changes CEO

A month after shaking the regional bank industry with a surprise provision for loan losses, New York Community Bancorp rattled nerves again by announcing a $2.4 billion December quarter earnings hit. At the same time, it said it identified “material weaknesses” in its loan review process and abruptly changed CEOs, causing its stock to tumble. The bank

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Funds

Priests protest Argentina government’s funding cuts for city slums

SÃO PAULO, Brazil – After President Javier Milei’s administration decided to cut funds for public works in poor neighborhoods and slums in Argentina, dozens of priests released a letter protesting the measure. A decree promulgated by Milei on February 23 radically reduced the share of a tax collected on the purchase of foreign currency that

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Investors

Asia markets fall as investors await key U.S., China economic data – NBC 5 Dallas-Fort Worth

This is CNBC’s live blog covering Asia-Pacific markets. Asia-Pacific stocks fell Thursday as investors awaited U.S. personal consumption expenditures price index data for clues on the Federal Reserve’s interest rate path. The U.S. personal consumption expenditures price index — the Fed’s preferred inflation gauge — is due later in the day, while China’s manufacturing purchasing managers’ index reading

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Loans

Half of aspiring homebuyers can’t afford a down payment—and the No. 1 reason why isn’t student loans – NBC 7 San Diego

Around half of potential homebuyers say they can’t afford a down payment and closing costs on a property in the U.S. because they don’t make enough money and living costs are too high, a new Bankrate survey finds. Considering that down payments are often 20% of the home price, they represent a considerable upfront cost

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Funds

City leaders discuss funds for low-income housing | News

City council members approve to move forward with the second reading of the low-income housing. EVANSVILLE, Ind. (WEVV) – Evansville city leaders are looking to use funds from the American Rescue Plan Act, once again, to help low-income housing in the River City. In 2021, the American Rescue Plan Act Fund was

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Crypto

Serious Fraud Office to probe collapsed cryptocurrency firm Dasset

Digital Asset Exchange traded under the name Dasset. Photo: Lev Dolgachov/ 123rf The Serious Fraud Office (SFO) has started an investigation into the multimillion-dollar collapse of a local cryptocurrency trading platform. Digital Asset Exchange, which traded under the name Dasset, was put into liquidation in August last year with $6.3 million in investments unaccounted for.

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Funds

Local organizers hope to get funds for “Indiana County Thrives” initiative | News

A collaborative effort, Indiana County Thrives, between two Indiana-based organizations, has been chosen as one of 10 community-based groups invited to join a nationwide grant program aimed at “bolstering equity, economic resilience, entrepreneurship, and workforce development in the front line communities hardest hit by the transition away from fossil fuels.” In a news release announcing

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Investors

Treasury yields rise as investors consider monetary policy path – NBC 5 Dallas-Fort Worth

U.S. Treasury yields were slightly higher on Friday as investors considered the path ahead for interest rates after fresh comments from Federal Reserve speakers. At 3:58 a.m. ET, the yield on the 10-year Treasury was up by just over two basis points to 4.3486%. The 2-year Treasury yield was last more than two basis points

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Finance

Two years on, Ukraine’s economy has stabilised, but Western finance firms are finding their Russia exit tricky

Two years on from Russia’s invasion of Ukraine and global finance firms are still feeling the impact of the fallout, with many still scrambling to untangle their businesses from the region. The outlook for international finance giants in Russia remains on a knife-edge, as the country continues to face a host of challenges. These range

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