Feb 14, 2024 | Markets
Lenders are holding confidential discussions with the firm Company’s term loan due 2028 trades around mid-single digits Joann Inc. is having confidential discussions with its lenders as it seeks fresh capital to bolster its cash reserves, according to people familiar...
Feb 14, 2024 | Markets
In a previous post, we highlighted that financially fragile households are disproportionately likely to use “buy now, pay later” (BNPL) payment plans. In this post, we shed further light on BNPL’s place in its users’ household finances, with a particular focus on how...
Feb 14, 2024 | Markets
Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed. Sugar is set to close the year at 24.5 cents per lb, up 5% versus the close...
Feb 14, 2024 | Markets
The chief executive officer of Castellum AB warned that the rental market will weaken more as the Swedish landlord reported that the value of newly signed contracts was lower than terminated leases in the fourth quarter. “The property industry has a tough year behind...
Feb 14, 2024 | Markets
Hang Seng Index also turns positive after starting day lower Goldman says investors want a ‘comprehensive easing package’ Chinese equities listed in Hong Kong gained as trading resumed after the Lunar New Year holiday, with positive consumption data aiding sentiment....
Feb 14, 2024 | Markets
The consumer price index increased 0.3% in January, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December. Shelter prices accounted for much of the rise, climbing 0.6% on the month, contributing more than...
