$GS, $CME Goldman Sachs (NYSE:GS) economists said they are skeptical of “insurance” US interest rate decreases from the Fed to forestall possible slowing in US economic growth due to global trade tensions. A surprise escalation in trade tensions between Washington and Beijing since May, together with low inflation, have spurred bets among traders the Fed […]
China met its target for reducing debt levels but will keep cracking down on riskier types of financing to contain risks to its financial system, the banking and insurance regulator said Monday, urging banks to step up lending to smaller companies. Concern about China’s debt is rising again as Beijing ramps up support for a […]
Vast Majority of Small Business Loan’s are Rejected by Banks No one likes to be rejected. Whether it’s a “No” from a job you interviewed for, the person you’re in love with or the bank, it hurts. And if you’re a startup or small business owner, you may be very familiar with the sting of “no” from […]