American banks closed a total of 18 branches between March 10 and March 16. Wells Fargo was a front-runner and accounted for almost half the closures. Has your local bank branch shuttered recently? Write to
Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. The pandemic-era economy presented an irresistible opportunity for institutional homebuyers, lured by a combination of skyrocketing rents, historically low interest rates, readily available capital, and surging home prices. Data from John Burns Research & Consulting revealed that during Q2 2022, institutional landlords—defined as firms owning at least 1,000 homes—snapped up 2.4% of...
Cash bonuses on Wall Street experienced a decline in 2023, with an average fall of approximately 2%. This downward trend in bonus payouts can be attributed to two primary factors: the influx of younger individuals in the securities industry and increased market volatility. Yahoo Finance's David Hollerith breaks down the details, providing insights into how a drop in bonuses can affect the broader economy. For more expert insight and the latest market action, click here to watch this full episode...
Three teenagers made national headlines after they robbed a north Houston bank, but their underage reign of terror came to an end after their parents turned them in to police. The kids were 11, 12, and 16 years old according to police. No other details were released about the trio because of their ages. The Harris County Sheriff's Office said that the boys passed a threatening note to a bank cashier at the Wells Fargo bank in Greenspoint just after 3 p.m. on Thursday. The boys did not...
The S&P 500 was 0.9% higher in early trading, coming off its first back-to-back weekly loss since
The creativity software specialist's CEO touts the use of generative AI in delivering "groundbreaking innovation across our product portfolio."
There was a multi-vehicle crash at the intersection of 14th Street and Main Street this morning.
As Virgin Money's directors agree to Nationwide's takeover bid, it marks an
Welcome to The Hill’s Technology newsletter {beacon} Technology Technology The Big Story Truth Social parent makes stock market debut Shares of former President Trump’s media
A Main Street site has been cleared for redevelopment. Ohio-based MVAH Partners is planning Main Street Lofts, an affordable housing project in Midtown. The $50.6 million project includes 147 residential units []
NEW YORK >> Reddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
NEW YORK >> The average Wall Street bonus fell slightly last year to $176,500 as the industry added employees and took a “more cautious approach” to compensation, New York state’s comptroller reported today.