: Spain’s BBVA goes shopping for smaller rival just hours after selling its U.S. operations to PNC
European banks are under pressure to consolidate to cope with ultralow interest rates.
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: Why demand for cosmetic procedures is booming amid the COVID-19 pandemic
Nonstop video calls on platforms like Zoom and more time spent at home have triggered a surge in interest in cosmetic surgery, as people seek ways of looking younger and fresher on screens during the COVID-19 pandemic.
The Tell: Fund managers have hopped on the rotation-to-value trade, latest Bank of America survey shows
Fund managers have aggressively bought into the idea of rotating toward hard-hit sectors, according to the latest survey.
The Conversation: Among seniors, 72% of Latinos and 64% of Black Americans who live alone struggle to make ends meet
Overall, at least 11 million older adults don’t have enough income to cover a bare-bones budget in their communities.
Market Snapshot: Dow retreats from record near 30,000 after retail sales shows slowest growth in six months
Stocks trade off early lows but remained under pressure Tuesday, giving back ground a day after the S&P 500 and Dow Jones Industrial Average closed at records in a rally fueled by progress toward a COVID-19 vaccine.
Market Extra: Here’s how bad commercial real-estate pain could get for banks, other lenders
Stock prices for publicly traded REITs are about 25% lower due to the pandemic, a sign of what investors might expect from the record $5 trillion pile of U.S. commercial real-estate debt, according to S&P Global.
