Just like lumber did a few years ago, Cocoa was thrust into the news for being so incredibly expensive. Once everyone was chattering about it, it cratered with a record fall.
America’s largest and, for some owners, only option for a home insurer is pulling back its operations in the state of California, leaving many with no more options to secure their property’s value amid wildfire danger in the state reaching new heights….
Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WWIII.” I’m afraid the same cannot be said for the beginning of WWDD (World-Wide De-Risking/Deleveraging).Key speculative levera…
That real harm will result from the use of AI tools is a given.
Just three countries accounted for 40% of global oil production last year.
The Cold War fought via clandestine operations with boots on the ground and proxy conflicts between parties backed by the U.S., China or Russia might be a thing of the past, but the times of bloc-based warfare are far from over. Now, the theatres of wa…
We all know the emails: “Dear user, please click the following link to update your credentials. Otherwise your Office 365 account will be disabled.” “Please sign the attached document” or “Please review your payment information.” And while many of thos…
Here are the banks with the highest concentration of commercial real estate loans as the sector faces mounting pressures.
This graphic shows the 20 largest U.S. banks by assets, and their exposure to commercial real estate as a percentage of total loans.
U.S. credit cardholders collectively spent $15 billion on late fees in 2022 – officially surpassing pre-pandemic levels again. This will likely change significantly from 2024, however, as the Biden Administration has capped most types of these payments…