Big banks are setting aside more cash to cover bad loans. Plus, an earnings report preview and a hot air balloon festival.
Throughout the last year, a lot of big banks have been stocking away more cash to cover bad loans. But even though banks are concerned about the broader economy, they’re still trying to make loans where they can.
Oil demand is still expected to grow in the coming year, but more slowly, and especially in China.
Some unemployed Americans who want to work are discouraged by the job market, so much so that they’ve paused looking.
How individual companies are faring can help answer broader questions about things like inflation and consumer spending.
These robots are basically unbeatable, and they suck the fun — and the money — out of playing, says Kit Chellel of Bloomberg.
“We tend to be full until we’re well through the Balloon Fiesta,” says Steve Hiatt, who with his wife, Kathy, owns Bottger Mansion.
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