‘I have no children’: My aunt gave me $50,000 for a down payment. Now she wants me to leave my home to her two children.
“The house cost $385,000. With my savings, her $50,000 and a small mortgage, I was able to close.”
“The house cost $385,000. With my savings, her $50,000 and a small mortgage, I was able to close.”
KBW Head of US Bank Research Chris McGratty joined Bloomberg Open Interest to break down what’s driving bank earnings. He explains why large banks may still appeal to investors and how consumer health, interest rates and consolidation could shape what’s ahead. (Source: Bloomberg)
On this episode of Stock Movers:
– Domino’s Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate.
– Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for newer drugs in cancer and autoimmune diseases overshadowed more anemic growth in the company’s medical device business.
– Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public. (Source: Bloomberg)
A social media account affiliated with China’s official broadcaster signaled Beijing is prepared to act if the European Union introduces new trade restrictions after reaching an agreement limiting imports of Chinese hybrid vehicles.
Insight with Haslinda Amin has special coverage of Indian Prime Minister Narendra Modi’s address at the Bloomberg New Economy Forum in New Delhi. In his speech, Modi warned the interconnected systems that once united the world, such as supply chains, trade and technology, have become instruments of coercion. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Indian PM Narendra Modi warns that supply chains, trade and technologies are being used as instruments of coercion. He speaks at Bloomberg’s New Economy Forum in New Delhi. (Source: Bloomberg)
Infosys co-founder Nandan Nilekani speaks at Bloomberg’s New Economy Forum about his experience chairing the country’s task force on examination reform. Controversies over education have been one of the principal hot spots in the country’s recent protests. (Source: Bloomberg)
What if we can’t pause and catch our breath?