Government

Greensill Bank Sues UK Government for $441 Million Over COVID Loan Guarantees

Auto Insurance /
Greensill Bank Sues UK Government for $441 Million Over COVID Loan Guarantees

Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank sued Britain’s Department of Business and Trade (DBT) last year after the government terminated guarantees […]

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Existing-Home Sales Rise Despite Government Shutdown

Personal Finance /
Existing-Home Sales Rise Despite Government Shutdown

Key Takeaways Sales of existing homes rose in October to their highest level in eight months, as buyers jumped on better mortgage rates and took advantage of plentiful inventory. While the government shutdown impacted some government-backed mortgage loans in flood zones and rural areas, home sellers were able to close deals. However, home sales remain

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NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown

Auto Insurance /
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown

The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program lapsed without a reauthorization at the start of Oct. 1. No new federal flood insurance

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Dow Dives 797 Points as Government Opens: Stock Market Today

Investment Tips /
Dow Dives 797 Points as Government Opens: Stock Market Today

President Donald Trump signed a short-term spending bill Wednesday night that reopens the federal government through January 30. Investors, traders and speculators are assessing the implications of the longest government shutdown in U.S. history, which includes the resumption of regular collecting and reporting of economic data. Meanwhile, in addition to its leader providing another quarterly

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Stock Futures Edge Lower After US Government Shutdown Ends; Dow Slips Following Record Close

Personal Finance /
Stock Futures Edge Lower After US Government Shutdown Ends; Dow Slips Following Record Close

Disney Tops Profit Estimates But Revenue Falls Short as Linear TV Struggles Continue 7 minutes ago The Walt Disney Co. (DIS) on Thursday reported better profit for the final quarter of its fiscal year than analysts had forecast, but revenue fell short and shares slipped in premarket trading. Disney reported fourth-quarter revenue of $22.46 billion,

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