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Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase

Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase

New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.


Ohio Bar Sparks Controversy Over New Age Policy During Weekends Amid Rising Violence

An Ohio bar has stirred outrage after prohibiting persons under 30 on weekends following a brawl in the establishment.

US Small Business Confidence Ticks Up for First Time in 2024, But Inflation Remains a Headache for Owners

US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.

InfluenceMap Ranks Toyota as Worst Car Company in Climate Lobbying

Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.


Latest News

Student Loan Forgiveness 2024: Here’s Who May Have Their Debt Canceled This Year!
The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will reach its highest rate in over a decade.
Boeing Max Crash Victims' Father Hopes for US Prosecution Outcome
The US Justice Department has filed a lawsuit against Boeing for allegedly violating the 2021 agreement to defer any criminal prosecution about two 737 MAX crashes in 2018 and 2019.
Michael Cohen Earns $3.4 Million From Hating Donald Trump as Ex-President’s Legal Team Claims Hush Money Witness Motivated by Revenge
During the hush money trial, it was revealed that Michael Cohen earned approximately $3.4 million from the sales of two books he authored about Donald Trump.
TikTok Creators Claim Biden Admin's App Ban Violates First Amendment—Lawsuit Filed Against U.S. Government
Some TikTok creators take action as they argue that the Biden administration's TikTok ban violates the First Amendment.
Amid Walmart Mass Layoff in US, Walmart Philippine Supplier is Hiring Thousands of Factory Workers
While Walmart is laying off employees in the US, its Philippine supplier is doing the opposite, starting to hire thousands of factory workers.
Dubai Properties Allegedly Used by US-Sanctioned Terrorist for Financing, Money Laundering
US-sanctioned terrorist groups allegedly use Dubai properties. Here's what C4ADS's new report revealed.
Tesco Profits And Sales Soar
Tesco CEO Ken Murphy's pay jumps to £10M, doubling from last year due to stellar company performance.
Press Conference To Announce A Major International Event At MetLife Stadium
WWE's Vince McMahon faces sexual misconduct allegations from former staffer. Court docs reveal that the accuser sent explicit texts.
President Biden Delivers Remarks From The Rose Garden On His Economic Agenda
Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.
CHINA-AUTO-SHOW
President Biden has announced massive tariff increases on Chinese-made electric cars, solar panels, steel, and other goods to counter unfair trade practices and protect American jobs. Electric vehicle tariffs will rise from 25% to 100%, and solar cell tariffs will increase from 25% to 50%.