Finance

Source: Dealogic Part of that has to do with the size of the deals — they’re still relatively small and don’t always capture the attention of the larger American banks. But even the bigger deals tend to be managed by Canadian firms, thanks to the lack of regulatory risk those …

Rick T. Wilking | Getty Images A Walmart associate restocks fresh vegetables at a Walmart Supercenter in Rogers, Arkansas.  Grocery giants Walmart and Sam’s Club are requiring their lettuce suppliers to get on the blockchain bandwagon. Those providing leafy green vegetables to the grocery chains will need to upload data …

Getty Images Robert Iger, chairman and chief executive officer of Walt Disney Co. and Brian Roberts, Comcast chairman and CEO. The biggest media companies still want to eat, but first, they’re going to need a break to digest. Comcast, Disney and AT&T have all made their giant media acquisition plans …

Mary F. Calvert | Reuters Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on the “Semiannual Monetary Policy Report to Congress,” at the Rayburn House Office Building in Washington, U.S., July 18, 2018.  Everyone knows the Fed is virtually a lock to approve a quarter-point …

Saul Loeb | AFP | Getty Images Simpson Chung uses a virtual reality headset during the NVIDIA GPU Technology Conference, which showcases artificial intelligence, deep learning, virtual reality and autonomous machines, in Washington, DC.  Nvidia shares will keep rising even after the stock’s big gains this year, according to Bank …

Luke Sharrett | Bloomberg | Getty Images A contractor moves lumber for a house under construction in the Norton Commons subdivision of Louisville, Kentucky. Homebuilder stocks fell Friday after J.P. Morgan said it is “more cautious” about the sector’s prospects. The firm lowered its ratings for five homebuilder stocks Friday …

Thanks to “widespread consumer abuses,” the Federal Reserve has limited Wells Fargo from growing in assets, which has stymied loan growth. As a result, Wells Fargo is the only bank that hasn’t significantly improved earnings after the administration’s tax cut, according to Peabody. This comes despite a U.S. economy that …

Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it. “The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin …

Susan Walsh | AP Wells Fargo Chief Executive Officer and President Timothy Sloan testifies before the Senate Committee on Banking, Housing and Urban Affairs on Capitol Hill in Washington, Tuesday, Oct. 3, 2017, during a hearing on Wells Fargo after one year. Wells Fargo, the third-biggest U.S. bank, plans to …

External debt are the funds a nation, and its businesses and citizens, owe to lenders outside the home country. Using sources like the World Bank, the IMF and Wikipedia, one is able to develop a rough estimate of the external debt of 205 countries. If the estimates are correct, these …