‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market and more than half of Americans are living paycheck to paycheck, making them more vulnerable to recession

Hi, MarketWatchers. Don’t miss these top stories. ‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession People living paycheck to paycheck were more likely to have experienced financially distressing events at some point over the last three years. Read More … Read more

M&A drivers tap the brakes on private deals as economy flashes yellow

While financial market turmoil in 2022 has created more opportunities to find interesting deals, M&A practitioners remain more cautious to hit the accelerator on acquisitions, a senior executive at an advisory firm told MarketWatch. “People will be disciplined on price,” said James McVeigh, founder and CEO of Cyndx Networks LLC. “Investments that would have been … Read more

Impact of the Metaverse on financial services

Financial services companies have joined peers across industries in exploring the potential opportunity in the metaverse, though few are yet attempting this at scale, by Mckinsey and Company. The report stated that the future extent of the impact of the metaverse on the sector depends on the evolution of the underlying technology especially utilizing Web3 … Read more

Sanadcom Business Finance and Network International

Amman, Jordan: Sanadcom Business Finance, one of Jordan’s leading private sector SME lenders, recently signed a strategic cooperation agreement with Network International-Jordan, the leading provider of digital trade support services and payment solutions in the Middle East and Africa, enabling Sanadcom to provide new financing services to merchants, and facilitating the collection of the value … Read more

The IPO Market Has Gone Cold. Getting It Going Again Is Likely To Take Some Time.

Elias Stein Text size The queue for initial public offerings is long, over 300 companies long. But precious few are proceeding: By June 17, only 47 companies, valued at $ 4.6 billion, had undergone traditional IPOs in 2022-74% below the same period in 2021, notes Dealogic. Most of the 47 have been tiny. Larger IPOs, … Read more

High Value Finance Available For Purchasing Property – How Should I Structure My Loan? – Financial Services

23 June 2022 Lewis Silkin To print this article, all you need is to be registered or login on Mondaq.com. In the search for high value property finance, there are multiple ways you can structure your facility. Whether you are considering a capital repayment or interest only mortgage, a loan with or without assets under … Read more

Stocks Shoot Higher. Powell Couldn’t Scare Markets This Time.

Text size David L. Nemec / New York Stock Exchange The stock market gained Thursday as Federal Reserve Chairman Jerome Powell tested before Congress for a second day. Nothing he has got scared the market — for now. The Dow Jones Industrial Average gained 195 points, or 0.6%, while the S&P 500 rose 1% and … Read more

Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst

In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS, -0.43% parks “remains resilient despite recent macro volatility as visitors rarely cancel trips once booked.” She added that the company move to cancel Disneyland annual … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc.. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

Fed looks ‘dead set’ on tightening financial conditions until the economy slows, warns BlackRock

The Federal Reserve’s battle to get inflation down from a 40-year high probability means it will raise interest rates until the US economy slows, strategists at the BlackRock Investment Institute warned on Tuesday. “The Fed seems dead set on raising rates this year to levels that, in our view, would clearly slow the economy,” Jean … Read more