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The U.S. Energy Department on Monday said it had finalized a direct loan of up to $9.63 billion to the joint venture of Ford Motor Co. and Korean battery partner SK On Ltd. for the construction of three electric vehicle battery plants in Tennessee and Kentucky. The loan is the largest from the department’s Advanced … Read more
AaronAmat / iStock.com Holiday shopping kicked off on Black Friday for many people. As Americans continue shopping for their family and friends this month, they might be taking a hit to their finances during a year when many are getting by paycheck to paycheck. According to a new survey from Debt.com, out of 1,000 Americans asked, … Read more
Dublin, Dec. 16, 2024 (GLOBE NEWSWIRE) — The “Loan Brokers Market Opportunities and Strategies to 2033” report has been added to ResearchAndMarkets.com’s offering. This report describes and explains the loan brokers market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and … Read more
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to a joint venture of Ford Motor (F) and South Korean battery maker SK On to help finance construction of three new battery manufacturing plants in Tennessee and Kentucky. The low-cost government loan for the BlueOval … Read more
After several delays, a chaotic meeting Friday and several controversial proposals, Chicago’s City Council is expected to vote on the latest budget at a meeting Monday. The vote comes as Mayor Brandon Johnson reportedly dropped his proposed property tax hike, which originally called for $300 million increase in taxes for Chicago property owners. The first … Read more
Trying to understand the state of loans from CMBS alone is difficult. The loan type is far from representative of all lending, and gives a biased view, although a publicly available one, which is better than nothing. The other issue is the dollar measurement because a few large deals going badly are enough to shift … Read more
Laquaysia Anderson-Jenkins walked into the Boston Municipal Court in Roxbury on a recent fall day because a state agency was suing her over a $12,000 student loan. She didn’t question the amount she owed. She’d fallen behind in payments after graduation in 2017, she says, challenged by gaps in work and other financial responsibilities. Anderson-Jenkins … Read more
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. As rates go down, more people should be able to buy a home … Read more
Democratic lawmakers are seeking to hinder a federal watchdog investigation into misconduct within the Biden administration’s $400 billion green energy loan program—a sign Democrats could be growing concerned about what the long-running probe has uncovered. The inspector general for the Department of Energy has spent over a year investigating the Loan Programs Office, which has … Read more
Recently, with the sharp fluctuations in BTC and various altcoins, the crypto market’s bull run has accelerated. In a bull market, common strategies include holding long-term potential cryptos or taking advantage of high volatility for short-term trading profits. This often leads to a surge in DeFi activities, increased liquidity staking, and a more active lending … Read more