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03.12.25 - 00:36
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Never Seen Affordability Crisis Like This: Fmr. HUD Sec. (Bloomberg)
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Shaun Donovan, CEO of Enterprise Community Partners and former HUD Secretary, says affordability is the nation's top economic issue. He tells Katie Greifeld and Romaine Bostick on “The Close” that the U.S. has never seen an affordability crisis of this scale in the history of its data. (Source: Bloomberg)...
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02.12.25 - 21:36
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Duffy Purges 3,000 Trucking Schools In Sweeping Crackdown On Migrant CDL Crisis (ZeroHedge)
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Duffy Purges 3,000 Trucking Schools In Sweeping Crackdown On Migrant CDL Crisis
The U.S. Transportation Department is now moving aggressively to correct the non-domiciled commercial driver's license (CDL) crisis created under the Biden-Harris regime years, a period when these CDLs were effectively handed out like candy to unqualified migrant drivers, fueling a wave of carnage on America's highways.
The latest enforcement action comes from Transportation Secretary Sean P. Duffy, who announced the removal of nearly 3,000 CDL training providers from the Federal Motor Carrier Safety Administration's (FMCSA) Training Provider Registry (TPR) for failing to meet the Trump Administration's standards of readiness, with another 4,500 providers put on notice for potential noncompliance.
"This administration is cracking down on every link in the illegal trucking chain. Under Joe Biden and Pete Buttigieg, bad actors were able to game the system and let unqualified drivers flood our roadways. Their...
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02.12.25 - 18:36
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BoE governor says it has not forgotten lessons of financial crisis, as it eases capital rules (The Guardian)
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Bank of England's move risks stoking concerns about weakening protections against UK bank failuresBusiness live – latest updatesThe Bank of England governor, Andrew Bailey, has attempted to reassure that the lessons of the 2008 financial crisis have not been forgotten, as he announced plans to loosen capital rules for high street banks for the first time since the global crash.The central bank announced on Tuesday that it will lower capital requirements related to risk-weighted assets by one percentage point to about 13%, reducing the amount lenders must hold in reserve. Continue reading......
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02.12.25 - 16:12
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Ein Insolvenzverwalter berichtet: So wütet die Krise in der deutschen Wirtschaft (RND)
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Es vergeht kaum ein Tag, an dem nicht irgendwo in Deutschland ein größeres Unternehmen Insolvenz anmelden muss. In so einem Fall werden Spezialisten wie Malte Köster aus Bremen gerufen. Wie sieht der Arbeitsalltag eines Insolvenzverwalters aus? Wie geht es Chefs, die Pleite gemacht haben – und wann wird diese Krise enden? Ein Interview....
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