Latest Business News

Florida Becoming An Economic Powerhouse

Florida Becoming An Economic Powerhouse

A December 28th report from Rafferty Capital Markets focuses on the ongoing economic boom in the state of Florida, and highlights key factors such as rapid population growth, low unemployment, tax friendliness and a high quality of life. Florida population […]

Underwriting Standards Continue To Ease: OCC Survey

Underwriting Standards Continue To Ease: OCC Survey

Responding to competitive pressures, abundant liquidity, and the desire for yield in the low interest rate regime, banks have eased underwriting standards and enhanced levels of credit risks, reports an OCC survey. The Office of the Comptroller of the Currency’s […]

Saudi Arabia To Open Up Stock Market To Foreigners

Saudi Arabia To Open Up Stock Market To Foreigners

Saudi Arabia, seeking to diversify its economy from oil, is opening its stock market to sophisticated, well-healed investors for the first time, Bloomberg reports. The kingdom’s Capital Market Authority (CMA) is seeking $509 billion in investments from sophisticated foreign investors […]