Finance
Inflation and Labor Market Trends Suggest Fed Rate Cut Next Week
As the Federal Reserve prepares for its upcoming meeting next week, the latest inflation and labor market data suggest that the central bank is likely...
Mortgage Applications Rise with Interest Rates Moving Downward
The average interest rate for a 30-year fixed-rate mortgage on a conforming loan, which covers loan balances of $806,500 or less, has dropped to 6.49%...
Canada and U.S. May Be Sliding Toward a Recession, Former Bank of Canada Governor Warns
Stephen Poloz, the former governor of the Bank of Canada, is sounding a cautious note about the economic outlook for both Canada and the United...
Bridgewater’s Ray Dalio Flags Risks as Debt and Intervention Escalate
Ray Dalio, founder of Bridgewater Associates, is sounding increasingly urgent alarms about the direction of the U.S. economy. His warnings these days have a distinctly...
American Business Bank Begins Second Stock Buyback Program After Positive Reception
Los Angeles based American Business Bank (OTCQX: AMBZ) is launching its second stock repurchase program after successfully completing the initial one. The bank’s board approved...
U.S. Economy Gains Momentum with 3.3% Growth in Second Quarter
The U.S. economy posted a stronger than expected rebound in the April through June quarter, with gross domestic product (GDP) rising at an annualized rate...
Standard Premium Finance Holdings Seeks Expansion of Federal Disaster Insurance to Include Wind and Fire Damage
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), the specialty finance company known for its role in premium financing for property and casualty insurance, has taken...
Ellsworth Growth and Income Fund Announces Significant Distribution Boost
The Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) is set to deliver larger payouts to its shareholders, marking a notable development this year....
Farmers & Merchants Bank of Long Beach Keeps Its Dividend Streak Alive
Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) is continuing to reward its shareholders, announcing another quarterly cash dividend of $28 per share. The...
CNB Community Bancorp Launches Offer for Shareholder Flexibility
CNB Community Bancorp, Inc. (OTCQX: CNBB) is rolling out another opportunity for its shareholders to cash in on their investment or increase their ownership stake,...
