ECB to rely more on bank lending as it shrinks balance sheet – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The European Central Bank has announced one of the biggest overhauls of its relationship with the financial system in a decade, outlining plans to increase lending to commercial banks while shrinking its vast bond portfolio. ECB Board […]
Warren Buffett’s Berkshire Hathaway shrinks Paramount stock holding
FOX Business’ Charlie Gasparino details Paramount’s cash flow problems on “Craman Countdown.” Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, has sold about 30.4 million shares from its investment in Paramount Global. The fourth-quarter move disclosed Wednesday was a 32% decrease from the approximately 93.7 million shares held by the conglomerate at the […]
12:30 Report — House GOP’s majority shrinks
Happy Wednesday, my Valentine! 💝 Today it’s both. Valentine’s Day and Ash Wednesday.white house lawn It is decorated Conversation hearts and giant letters. cute! Here’s what happened today: Former Democratic Party member Tom Suozzi (New York) regained its old seat for a former Republican who was ousted. George Santos in Tuesday’s New York special election. […]
Biden tops Trump in new poll, but lead shrinks against third-party candidates
A new national poll shows President Biden with a 6-point lead over former President Donald Trump in a rematch likely in November. But a Quinnipiac University study released Wednesday found that the president’s advantage over Mr. Trump is shrinking in a multi-candidate general election that also includes independent candidate Robert F. Kennedy Jr. It shows. […]
German Economy Shrinks
FRANKFURT, Germany (AP) – Germany's economy shrank 0.3% last year as Europe's former powerhouse struggled with soaring energy prices, rising interest rates, a shortage of skilled labor and a domestic financial crisis. Faced with these multiple challenges, Europe's largest economy has been in stagnation since the last months of 2022. The International Monetary Fund predicted […]