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15.09.25 - 21:39
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It′s A Crisis! A Whopping 67% Of American Workers Are Living Paycheck To Paycheck In 2025 (ZeroHedge)
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It's A Crisis! A Whopping 67% Of American Workers Are Living Paycheck To Paycheck In 2025
Authored by Michael Snyder via TheMostImportantNews.com,
When two-thirds of all the workers in your entire country are just barely scraping by from month to month, you have got a major crisis on your hands. For a long time, our standard of living has been going down and the middle class has been shrinking. But in recent years, those two trends have accelerated. We have now reached a point where it takes 5 million dollars to live the American Dream for a lifetime. Needless to say, the vast majority of the population will never come close to making that sort of money. But most Americans continue to strive to live a middle class lifestyle, and as a result most people are teetering on the brink of financial disaster in this day and age.
According to a survey that was recently conducted by PNC Bank, 67 percent of U.S. workers are now living paycheck to paycheck…
A growing share of U.S. workers are strug...
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12.09.25 - 12:15
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Weekly Recap: 13 Finance Press Releases You Need to See (PR Newswire)
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A roundup of the most newsworthy financial press releases from PR Newswire this week, including PNC's acquisition of FirstBank, new cash registry options from Opendoor and the latest Employment Trends Index™ findings. NEW YORK, Sept. 12, 2025 /PRNewswire/ -- With thousands of press......
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10.09.25 - 18:48
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Advisor With More Than $130 Million in Assets Joins Ameriprise for Client-Focused Culture and Financial Planning Capabilities (Business Wire)
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Alex Gunn joins Third Coast Advisors, a financial advisory practice of Ameriprise Financial Services, LLC within the Ameriprise Financial Institutions Group (AFIG)MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Alex Gunn has joined Third Coast Advisors, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG) located in Georgetown, Texas. The 16-year industry veteran was previously with PNC Investments where he helped manage more than $130 million in client assets.
Gunn joined Third Coast Advisors, which provides advice and investment services to clients of Third Coast Bank across Southeast Texas, after reflecting on the long-term direction of his career. The decision was rooted in a desire to refocus on what he values most: building lasting relationships and delivering comprehensive financial planning.
“I worked closely with several advisors at Third Coast in my last role and considered them mentors,” Gunn said...
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10.09.25 - 17:45
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Community Capital Appoints Charlotte McLaughlin, Former PNC Capital Markets President & CEO to Board of Directors (Business Wire)
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McLaughlin brings decades of market leadership and innovation, along with deep capital markets expertise, to support Community Capital's next phase of growthNEW YORK--(BUSINESS WIRE)--#communitybanking--Community Capital Technology Inc. (“Community Capital”), an enterprise loan marketplace and analytics platform, today announced that Charlotte McLaughlin, former President and CEO of PNC Capital Markets LLC, has been appointed to its Board of Directors. McLaughlin, also a strategic investor in the company, will provide invaluable insight and guidance as Community Capital scales its marketplace and expands its partnerships with institutions and innovators across the financial services landscape.
A recognized leader and financial services visionary, McLaughlin has spent more than three decades at PNC Financial Services Group (NYSE: PNC), where she served as President and CEO of PNC Capital Markets LLC, and then most recently as Vice Chairman, C&IB FIG. Under her bold leadership, the business experienced...
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09.09.25 - 01:42
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Interstate Power and Light Company Prices Debt Offering (Business Wire)
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$300 million in senior debentures will be due in 2055MADISON, Wis.--(BUSINESS WIRE)--Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $300 million aggregate principal amount of 5.600% senior debentures due 2055. The senior debentures will be due on October 1, 2055. IPL intends to use the net proceeds from this offering to reduce outstanding capital under its receivables purchase and sale program, to reduce outstanding commercial paper, and/or for general corporate purposes. The closing of the offering is expected to occur on September 11, 2025, subject to the satisfaction of customary closing conditions.
The offering was marketed through a group of underwriters consisting of KeyBanc Capital Markets Inc., PNC Capital Markets LLC, TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. as joint book-running managers, and Academy Securities, Inc. and Comerica Securities, Inc. as co-manager...
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08.09.25 - 22:18
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Avery Dennison Prices €500 Million Senior Notes Offering (Business Wire)
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MENTOR, Ohio--(BUSINESS WIRE)--#AVY--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, announced today that it has priced an underwritten public offering of €500 million aggregate principal amount of 4.000% Senior Notes due 2035. The Senior Notes were priced at 99.394% of their principal amount. The offering is expected to close on September 11, 2025, subject to customary closing conditions.
The company intends to use the net proceeds from the offering for general corporate purposes, including to finance acquisitions and repay existing indebtedness under its commercial paper program.
The joint book-running managers for this offering are Citigroup Global Markets Limited, Merrill Lynch International, Mizuho International plc, Goldman Sachs & Co. LLC, J.P. Morgan Securities plc, PNC Capital Markets LLC and Standard Chartered Bank, with Academy Securities, Inc., Bank of China (Europe) S.A., HSBC Continental Europe, ING Bank N.V. Belgian ...
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08.09.25 - 21:12
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PNC to Expand Across Colorado, Arizona in $4.1 Billion Deal (Bloomberg)
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PNC Financial Services Group will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank, and the regional-banking giant will focus its branch-opening effort on other states instead, PNC Chief Executive Officer Bill Demchak said.
PNC agreed to buy FirstBank for about $4.1 billion to add $26.8 billion in assets and branches in Colorado and Arizona. Colorado-based FirstBank operates 95 branches and will make PNC the top lender in Denver by retail deposits, the company said in a statement Monday. It plans to retain all of FirstBank's locations.
PNC had previously sought to open 16 locations in Colorado as part of its retail expansion. The FirstBank acquisition can now build those new branches elsewhere, Demchak said in an interview Monday after the agreement was announced.
For more, Bloomberg Intelligence's Senior US Regional Banks Analyst, Herman Chan, speaks with Scarlet Fu and Alexis Christoforous. (Source: Bloomberg)...
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08.09.25 - 14:54
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PNC to Buy Colorado′s FirstBank in $4.1 Billion Deal (Bloomberg)
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PNC Financial Services Group Inc. agreed to purchase FirstBank Holding Co. for about $4.1 billion, adding branches in Colorado and Arizona and $26.8 billion in assets. Herman Chan of Bloomberg Intelligence has more on Bloomberg Television....
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08.09.25 - 14:12
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PNC To Acquire FirstBank In $4.1 Bln Deal (AFX)
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WASHINGTON (dpa-AFX) - The PNC Financial Services Group, Inc. (PNC) on Monday said it has entered into a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary......
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