China's economy and stocks aren't doing as hot as Japan's. The Shanghai Composite fell around 0.1% and the yuan hit a 6-month low as the People's Bank of Chinain an attempt to boost liquidity. Analysts think it's a signal that the central bank will cut its medium-term and loan prime rate in the weeks ahead.
Goldman Sachs CEO David Solomon told CNBC that commercial real estate's in such a bad shape that his bank will in its real estate investments. Still, Solomon said he's "surprised" by the resilience of the U.S. economy.brought against it by a victim of late sexual predator Jeffrey Epstein, a source told CNBC. However, the bank's litigation with the U.S. Virgin Islands and its claims against Jes Staley, a former executive who was friends with Epstein, are still pending..