Fairway launches nonprofit to combat senior financial fraud
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As the US celebrates 250, remember the cradle of its banking industry
Living in Philadelphia’s Society Hill during the 1976 Bicentennial was a banking historian’s dream come true. Most Americans experienced it through the lens of patriotism and politics. I experienced it through the lens of banking history. Philadelphia didn’t just host the Founding Fathers. It financed them. Philadelphia gave us the bank that funded Washington’s army,…
10% of All Homes Sit Vacant, but Only a Tiny Fraction Are for Sale
Amid a deepening housing affordability crisis, roughly 1 in 10 homes in the country is sitting vacant, concludes a new report. Around 14.5 million houses are empty, according to a new analysis of U.S. Census Bureau data compiled by personal finance site LendingTree. However, only a shockingly low number of these homes—fewer than 800,000—are actually up…
Former Downtown Brooklyn Macy’s Slated for Dramatic Retail Makeover – Commercial Observer
The 440,000-square-foot space at Downtown Brooklyn’s 422 Fulton Street — the largest block of retail space currently available in New York City and the former site of a Macy’s department store — will become BKX, a five-floor retail and amusement destination that’s being described by developers as a “next-generation cultural and commercial hub,” Commercial Observer…
Trump says he won’t sign the housing bill
Key insight: Trump promises to not sign the bill, but has not said whether he plans to veto it or not. Forward look: The bill becomes law at midnight without Trump’s signature or veto. What’s at stake: A number of community bank-favored riders are in the bill, including two brokered deposit bills. WASHINGTON — President…
Fed Announces Leadership, Members of Five Task Forces
The leadership and objectives of Kevin Warsh’s five Federal Reserve task forces to advance the conduct of monetary policy were announced Thursday by the central bank. Warsh announced the task forces on June 17 after the FOMC’s recent meeting. “The Federal Reserve’s commitment to price stability and maximum employment is unwavering. As is our resolve…
Consumer inflation concerns climb in June, NY Fed survey shows
Consumer inflation concerns climb in June, NY Fed survey shows – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media,…
