WeWork is in talks with a group of lenders to borrow $5 billion as it seeks to stave off a cash crunch.
The Federal Reserve said Friday it will resume buying bonds in the open market, while extending its overnight repo operations until at least January, in order to assist bank lending markets and support system reserves.
The problem: Federal Reserve members are becoming increasingly less dovish, which does not bode well for stocks.
The Federal Reserve will extend its cash injections into overnight lending markets for at least another month, after pumping in more than $330 billion since mid-September, as banks face a wave of Treasury bond sales this week amid a near-record budget deficit and ongoing concern over the strength of the world's biggest economy.
Let's face it, the numbers aren't great and the trend is bad.
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