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  • Saturday, August 13, 2022

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Business Finance

When will the recession end? Experts predict the impact | City & Business | Finance

Zachary T. Rossi Aug 13, 2022
Capital Market

2022-08-12 | NDAQ:GRNQ | Press release

Working Capital

SBA offers disaster loan assistance | Local News

Financial Capital

An exclusive report on the size of the payday loan services market…

Business Finance

Australian Crypto Ownership Ensures Consumer Protection, Says…

Working Class

Analysis: when Erdogan’s Turkish economic miracle began to fail

Zachary T. Rossi Jul 15, 2021
Electoral test scheduled for 2023, centenary of the Republic of Turkey2013 marked a turning point after a decade of gainsDeclining equality, prosperity and employment measuresPresident's electoral base underpinned by health and other…
Capital Market

SEC and ministry to review commodity market

Zachary T. Rossi Jul 14, 2021
The Securities and Exchange Commission and the Ministry of Mines and Steel Development will hold a joint session with the aim of deepening the commodity trading ecosystem and attracting foreign exchange. The webinar, on "Capital Market…
Working Capital

Bitcoin miners secure nuclear deals, ShapeShifting airdrop and more

Zachary T. Rossi Jul 14, 2021
Source: Adobe / Thomas LENNE Get your daily digest of crypto-asset and blockchain news - investigating the stories that pass under the radar of today's crypto news._____ Mining news Oklo, a California-based company developing clean!-->…
Business Finance

ZoomInfo Technologies Uses New Funding To Help Pay For AI Startup

Zachary T. Rossi Jul 13, 2021
Business intelligence platform ZoomInfo Technologies Inc. raised around $ 500 million in debt on Tuesday and plans to use part of the funds to buy an artificial intelligence startup, a deal that follows a first…
Capital Market

Digital subcontractor licensing will lead to innovation in the Nigerian capital market

Zachary T. Rossi Jul 13, 2021
Tuesday July 13, 2021 / 10:00 am / Ottoabasi Abasiekong for WebTV / Header image credit: WebTV / Ecographics The issuance of digital sub-broker licenses by the Securities and Exchange Commission (SEC) would foster innovation in the…
Working Capital

AirAsia raises up to $ 244 million in rights issue

Zachary T. Rossi Jul 13, 2021
AirAsia Group has revealed plans to raise up to MYR 1.024 billion (US $ 244 million) through a waiver of rights issue, with funds to be diverted to working capital and operating costs of the group, as well as further…
Business Finance

Massachusetts Financial Services Company UK Regulatory Announcement: Form 8.3 – Willis Towers…

Zachary T. Rossi Jul 12, 2021
LONDON--(COMMERCIAL THREAD) - FORM 8.3 IRISH TAPPING PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKING CONTROL RULES, 2013 TRANSACTIONS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTATIVE 1%…
Working Class

Class war at Volvo and the fight for rank-and-file committees

Zachary T. Rossi Jul 12, 2021
On Sunday, the United Auto Workers announced that it has ordered a revote on the attempt agreement that striking Volvo Trucks workers in Dublin, Virginia, voted against by 60 percent.The UAW's extraordinary action came after a statement…
Capital Market

Beijing Didi explosion shakes $ 2 billion in U.S. stocks

Zachary T. Rossi Jul 11, 2021
HONG KONG - Three years of efforts by two US presidents to crack down on China's access to the world's largest capital market are coming out of the game from unexpected sources: Beijing.Warnings from the highest echelons of the Chinese…
Working Capital

LandBank approves at least P1 billion loans for OFWs

Zachary T. Rossi Jul 11, 2021
The Land Bank of the Philippines (LandBank) said it approved loans worth 1.89 billion pesos for 1,297 borrowers under the Philippine Workers Abroad (OFW) Reintegration Program (OFW-RP ).In a statement, the bank said of the total…
Financial Capital

How to find the best financial advisor

Zachary T. Rossi Jul 11, 2021
We may receive payments from affiliate links included in this content. Our affiliate partners do not influence our opinions or editorial analysis. To learn more, see our Advertiser Disclosure. When managing your finances becomes a…
Business Finance

US Small Business Administration hosts webinar for small business owners on economic aid and…

Zachary T. Rossi Jul 10, 2021
Washington, July 10, 2021 (GLOBE NEWSWIRE) - On Thursday, July 8, the US Small Business Administration and the Public Private Strategies Institute hosted a New England (Connecticut, Maine, Massachusetts) area briefing. New Hampshire, Rhode…
Working Class

Massachusetts Teachers Association Says Lack of Funding in Fiscal Year 2022 Budget Creates…

Zachary T. Rossi Jul 10, 2021
The Massachusetts Teachers Association said the legislature passed a "status quo" budget for fiscal year 2022 and that the lack of funding was creating a disproportionately negative effect on working-class students and students of…
Capital Market

Foreign exchange market stability to bring growth to the stock market: expert

Zachary T. Rossi Jul 10, 2021
TEHRAN - The Iranian stock market is expected to trend higher as the country's foreign exchange market has stabilized in recent months, according to stock analyst Azim Sabet. “As an important factor in the market,…
Working Capital

Gujarat: At 20,132 crore yen, new loans to women entrepreneurs increased by 32% | Ahmedabad News

Zachary T. Rossi Jul 10, 2021
AHMEDABAD: Even as businesses battled revenue shortfalls and faced working capital issues, new loan disbursements to women entrepreneurs jumped 32% in the 2020-2021 pandemic year. This growth rate was well below 8.2% in 2019-2020, shows…
Financial Capital

Gardner Capital Announces Another Funding Pledge from Its GCRE Impact Fund to Support Electric…

Zachary T. Rossi Jul 9, 2021
"Residents of Jubilee at Texas Parkway will soon have access to fast and reliable electric vehicle charging stations onsite at the property," said Amy Dosen, Managing Director, Capital Markets at Gardner Capital. “We are thrilled to be…
Business Finance

How Aflac’s Duck Ads “Doubled Their Turnover In Three Years”: CEO

Zachary T. Rossi Jul 9, 2021
Despite their mundane product, insurance ads have become one of the wackiest parts of almost any TV commercial. Phoenix Suns star Chris Paul turns into basketball for State Farm, Falcon Cavemen Geico and longtime Progressive (PGR)…
Capital Market

The new fault lines on which the global economy rests

Zachary T. Rossi Jul 8, 2021
July 10, 2021TIT PANDEMIC caused a dreadful economic slump, but now a strange and exhilarating boom in full swing. The price of oil has skyrocketed, as restaurants and transport companies have to fight and flatter to recruit staff. As…
Working Capital

Lumos Diagnostics Raises AU $ 63 Million in ASX IPO

Zachary T. Rossi Jul 8, 2021
SARASOTA, Florida - (COMMERCIAL THREAD) - Rapid point-of-service (POC) diagnostics firm Lumos Diagnostics today announced its admission to the Australian Securities Exchange (ASX) with trading starting July 5 after raising $ 63…
Financial Capital

Turkish banks prepare for capital recovery after pandemic fight -sources

Zachary T. Rossi Jul 8, 2021
Breadcrumb Links PMN company Author of the article: Reuters Ebru Tuncay and Orhan Coskun Content of the article ISTANBUL - Turkey is considering a new capital injection for state banks, but they also need a…
Business Finance

COVID-19 Financial Assistance Applications Closed for Collier County Small Business Owners

Zachary T. Rossi Jul 7, 2021
COLLIER COUNTY, Fla .-- Collier County small business owners with documented impacts of COVID-19 who need help paying accumulated overdue utility bills and loan repayment in the event of an economic disaster (EIDL ) must apply by 8 a.m. on…
Working Class

Customer service skill class is now a requirement for admission to Fordham

Zachary T. Rossi Jul 7, 2021
Early entering years should demonstrate competent human decency before enrollingTo graduate from high school, students often need to take several common lessons, such as reading "The Great Gatsby" in English, learning the quadratic formula…
Capital Market

China steps up crackdown on capital market violations

Zachary T. Rossi Jul 7, 2021
BEIJING, July 7 (Xinhua) - China has stepped up its crackdown on illegal activities in the securities market to promote the high-quality development of the country's capital market. Efforts to improve the mechanism of securities…
Working Capital

Woodside completes the acquisition of FAR’s stake in the Sangomar project

Zachary T. Rossi Jul 7, 2021
Woodside Energy (Senegal) BV has completed the acquisition of the entire stake of FAR Senegal RSSD SA (FAR) in the joint venture Rufisque Offshore, Sangomar Offshore and!-->…
Financial Capital

Louise Walsh launches Walsh Capital

Zachary T. Rossi Jul 7, 2021
Former CEO of Future Generation Louise Walsh is branching out independently by launching Walsh Capital.Walsh Capital will provide tailor-made capital raising for a select group of boutique investment managers.Walsh said Financial standard…
Business Finance

Financial Integration Manager – Sault Ste. Marie News

Zachary T. Rossi Jul 6, 2021
COME GROW WITH US!ABOUT US: McDougall Energy Inc. ("McDougall Energy") is a privately owned Canadian family business that has served energy customers since 1949. McDougall Energy is a marketer and distributor of fuel oil, propane,…
Capital Market

Gong ceremony: PSX welcomes BIP as market maker – markets

Zachary T. Rossi Jul 5, 2021
KARACHI: The Pakistan Stock Exchange (PSX) held a gong ceremony on Monday to welcome BankIslami Pakistan Limited (BankIslami) as “market maker” for Sharia-compliant debt securities listed on PSX. PSX…
Working Capital

Midnight Sun Mining Ends – GuruFocus.com

Zachary T. Rossi Jul 5, 2021
NOT FOR UNITED STATES DISTRIBUTION OR FOR UNITED STATES DISTRIBUTION VANCOUVER, BC / ACCESSWIRE / July 5, 2021 / Midnight Sun Mining Corp. (the “Company” or “Midnight…
Financial Capital

Latest coronavirus: Covid infections will increase in England after reopening, Minister says

Zachary T. Rossi Jul 5, 2021
Russian higher education institutions should allow foreign students who have been inoculated with any vaccine study in the country. “The universities will have a common policy on this issue. I think we will accept any vaccine, ”said Pavel…
Business Finance

Business Financial Services Market Analysis, Growth Forecast Analysis by Manufacturers, Regions,…

Zachary T. Rossi Jul 5, 2021
The Commercial Financial Services Market research report offers a detailed assessment of the major growth drivers, limitations, restraints, and trends impacting the industry, with dynamics making it easy to identify growth…
Working Class

How palm oil became the world’s most hated and used source of fat

Zachary T. Rossi Jul 4, 2021
Palm oil is everywhere today: in food, soap, lipstick, even newspaper ink. It is called the most hated culture in the world due to its association with deforestation in Southeast Asia. But despite boycott campaigns, the world…
Capital Market

Mainland stocks will increase with greater amplitude in H2 2021, experts say

Zachary T. Rossi Jul 4, 2021
Stock illustration: VCGMainland Chinese markets extended their 2020 rally into the first half of this year, but in a more moderate range, amid a robust economic rebound that has boosted global capital markets. Experts were optimistic…
Working Capital

Legal Tech Startup CS Disco Files to go public

Zachary T. Rossi Jul 4, 2021
CS Disco, a legal technology startup, has filed documents with the United States Securities and Exchange Commission for an initial public offering of shares. The Austin-based company has not set an IPO date or price for its shares,…
Financial Capital

Kamal accuses Imran of giving carte blanche to “partial” PPP in Sindh

Zachary T. Rossi Jul 4, 2021
Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal said on Saturday that residents of Karachi have been forced to travel on rooftops on Qingqi buses and rickshaws as metro buses travel through Pakistan with the their tax dollars.…
Business Finance

Amazon Exclusive, Tata Says Indian Government E-Commerce Rules Will Hit Businesses -sources

Zachary T. Rossi Jul 3, 2021
By Aditya KalraNEW DELHI (Reuters) - Amazon.com Inc and India's Tata group warned government officials on Saturday that draft stricter rules for online retailers would have a major impact on their business models, four sources close to the…
Working Class

Across the Divide: The Lesson on Rural America’s Pandemic – Yes, We Were Right

Zachary T. Rossi Jul 3, 2021
By Becky BennettWith the lifting of pandemic restrictions, rural communities are once again buzzing with activity and energy, and it's not just the cicadas.The narrow roads are filled with trucks, farm equipment and road workers.…
Capital Market

Financial services present a great opportunity: Sachin Bansal

Zachary T. Rossi Jul 3, 2021
NEW DELHI: Flipkart co-founder Sachin Bansal said on Friday that financial services present a great opportunity and that by bringing in consumer tech thinking, new age companies are well positioned to tap into under-penetrated segments…
Financial Capital

Preston Hollow Capital Completes Funding for The Highlander in Public-Private Partnership with…

Zachary T. Rossi Jul 2, 2021
DALLAS - (COMMERCIAL THREAD) -Preston Hollow Capital, an independent specialist municipal finance company that supports local communities with creative, flexible and reliable infrastructure financing, today announced the successful…
Working Class

Labor’s Kim Leadbeater wins UK by-election in Batley and Spen

Zachary T. Rossi Jul 2, 2021
LONDON - Britain's opposition Labor Party on Friday won an unexpected but narrow victory in a battle for an open parliament seat that has been widely seen as a critical test for party leader Keir Starmer, who has come under pressure for…
Business Finance

Here are the best financial stories of July 2

Zachary T. Rossi Jul 2, 2021
Hello and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today: We have opened applications for our next class of…
Capital Market

M&A Asia fueled by Southeast Asia and private equity deals

Zachary T. Rossi Jul 2, 2021
M&A activity in Asia reached its second-highest level on record for a first half, as Southeast Asia and private equity transactions hit record highs, and bankers s 'expect the strong momentum to continue for the rest of the year.…
Working Capital

WIDEOPENWEST, INC. : conclusion of a material definitive agreement, other events, financial…

Zachary T. Rossi Jul 1, 2021
Item 1.01 Conclusion of a Material Definitive Agreement. At June 30, 2021, WideOpenWest, Inc. (the "Company") has entered into an asset purchase contract by and between the Company, WideOpenWest Ohio LLC, a Delaware limited liability…
Financial Capital

Booth’s Student Entrepreneurship Awards honor aspiring leaders in entrepreneurship, venture…

Zachary T. Rossi Jul 1, 2021
Published on Thursday July 1, 2021 Last month, Chicago Booth recognized six outstanding MBA students who have demonstrated leadership in…
Business Finance

Rishi Sunak Says Financial Services Equivalency Agreement With EU “Has Not Happened”…

Zachary T. Rossi Jul 1, 2021
Hello and welcome to our continued coverage of the global economy, financial markets, euro area and business. Japanese auto giant Nissan has unveiled plans for the UK's first gigafactory producing batteries for electric vehicles, as…
Working Class

5 things to do in St. Johns County this week: music, art, fireworks

Zachary T. Rossi Jul 1, 2021
St. Augustine Record USA TODAY NETWORKThe 4th of July weekend has arrived, and that means there is so much to do in the St. Augustine area that it's hard to decide. As well as going to the beach or cooking with family and friends that you…
Capital Market

Macondray Capital Acquisition Corp. I announces the price of a $ 250 million initial public…

Zachary T. Rossi Jun 30, 2021
MENLO PARK, Calif .-- (COMMERCIAL THREAD) - Macondray Capital Acquisition Corp. I (the “Company”) today announced the price of its initial public offering of 25,000,000 Units at $ 10.00 per Unit.…
Working Capital

Obtain EBITDA and Free Cash Flow in Credit Agreements

Zachary T. Rossi Jun 30, 2021
When WeWork prepared for a bond issue in 2018, underwriters raised concerns about its leverage. The company's response was not to reduce leverage by adding equity or reducing debt, but by adjusting EBITDA until…
Financial Capital

Capital Bank chooses Codebase to create a digital banking branch

Zachary T. Rossi Jun 30, 2021
Capital Bank Group selects Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The Capital Bank group initiative will spearhead digital transformation in both countries, leveraging the…
Business Finance

Credit Suisse hit by EXCLUSIVE scandal plans to create unique private banking sources

Zachary T. Rossi Jun 30, 2021
ZURICH, June 30 (Reuters) - Credit Suisse (CSGN.S) plans to centralize the management of its bankers to the richest in the world, replacing a regional structure, three sources said, as part of efforts to speed up an overhaul after a series…
Working Class

Council launches oral appeal for the working class

Zachary T. Rossi Jun 29, 2021
Photo by Laoise Neylon Críostóir Mac Cárthaigh, director of the National Folklore Collection at University College Dublin (UCD) flips through the pages of a book, handwritten in Irish in 1933. It…
Working Capital

Industries that will be helped – and hurt – by inflation

Zachary T. Rossi Jun 29, 2021
Inflation getty Inflation will help commodity and real estate industries, hurt industries with high inventories, and put most other sectors in limbo. The worst impact of inflation will not come directly from…
Financial Capital

Electra Private Equity: Hostmore Capital Markets Day

Zachary T. Rossi Jun 29, 2021
Warning IMPORTANT NOTICE This presentation has been prepared by Electra Private Equity PLC ("Electra"). The information and opinions contained in the Presentation and any other material discussed orally (collectively, the…
Financial Capital

WELL Health Announces Appointment of Senior Vice President, Capital Markets

Zachary T. Rossi Jun 29, 2021
Jamil Nathoo, an executive with over 16 years of experience in the financial industry, to lead WELL's expansion into U.S. capital markets. VANCOUVER, BC, June 29, 2021 / PRNewswire / - WELL Health Technologies Corp. (TSX: WELL) ("GOOD"or…
Financial Capital

Gasoline and diesel prices rose sharply after the day’s break. Consult the latest prices

Zachary T. Rossi Jun 29, 2021
State-owned petroleum marketing companies (WTO) sharply increased fuel prices on Tuesday after a day of difference. Gasoline and diesel prices hit new highs after today's increases of 35 and 28 paise, respectively. State oil companies…
Financial Capital

Charlotte Confirms Transformational Mobility Network High Price, Withholds Other Important Financial…

Zachary T. Rossi Jun 29, 2021
CHARLOTTE, North Carolina (WBTV) - A WBTV survey last Tuesday showed emails from city leaders admitting that the cost of Charlotte's transformational mobility network was likely $ 8 billion more than originally presented.At a city council…
Capital Market

GrabPay and other Southeast Asian fintech startups pocket more capital

Zachary T. Rossi Jun 29, 2021
With the spread of COVID-19 driving the adoption of fintech solutions in Southeast Asia, big tech startups are in a good position to raise more capital. In the last week alone, DealStreetAsia - DATA…
Capital Market

Allens advises on one of the largest private equity and capital markets transactions of 2021

Zachary T. Rossi Jun 29, 2021
Allens advised Cerberus Capital Management on the acquisition of the automotive dealer finance and novation leasing business of Westpac (Westpac Auto Business).The Westpac Auto Business is one of Australia's largest auto finance companies,…
Financial Capital

360 Capital sheds its stake in E&P

Zachary T. Rossi Jun 29, 2021
360 Capital has sold its entire stake in E&P Financial Group, after its failed takeover attempt earlier this year.TGP sold its 19.9% ​​stake in EP1 at 62 cents per share ($ 29.9 million in total, including dividends).He says he made a…
Financial Capital

Gasoline And Diesel Prices Today In India: Gasoline And Diesel Rates Today In Delhi, Bangalore,…

Zachary T. Rossi Jun 29, 2021
Gasoline and diesel prices have been hiked twice so far this week. (Photo: REUTERS)Gasoline and Diesel Rates Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The prices of gasoline and diesel were again raised by the oil marketing…
Working Capital

BioVaxys announces a private placement without intermediary

Zachary T. Rossi Jun 29, 2021
VANCOUVER, BC, June 28, 2021 / PRNewswire / - BioVaxys Technology Corp. (CSE: BIOV, FRA: 5LB, OTCQB: BVAXF) (“BioVaxys” or the “Company”) is pleased to announce a…
Working Class

Taxes to increase income, not to punish the rich | News, Sports, Jobs

Zachary T. Rossi Jun 29, 2021
Taxes are how we raise the funds needed to run government. The rich can afford most of these costs. These points are particularly linked to a time when the rich have gotten a lot…
Business Finance

PRESS DIGEST-British Business – June 29

Zachary T. Rossi Jun 29, 2021
June 28 (Reuters) - Here are the main articles on the business pages of British newspapers. Reuters has not verified these stories and does not guarantee their accuracy. Time - Nearly a billion pounds ($ 1.39 billion) was wiped off…
Financial Capital

U.S. banks to pay an additional $ 2 billion in quarterly dividends

Zachary T. Rossi Jun 29, 2021
America's largest banks on Monday announced plans to pay investors an additional $ 2 billion in dividends next quarter after the Federal Reserve eased restrictions on shareholder payments imposed during the Covid-19…
Working Class

Mobilize worker power for the Amazon union now! – The world of workers

Zachary T. Rossi Jun 29, 2021
April 9 was not a happy day for organized labor - or for anyone in the global working class. The National Labor Relations Board announced the results of a union representation election at Amazon in Bessemer, Alabama. The retail,…
Business Finance

Goldman, Blankfein, Cohn face shareholder lawsuit over 1MDB scandal

Zachary T. Rossi Jun 29, 2021
NEW YORK, June 28 (Reuters) - Goldman Sachs Group Inc (GS.N) and two former senior executives were sentenced Monday by a U.S. judge to face a lawsuit accusing them of misleading shareholders about the job from the bank for 1MDB, a…
Financial Capital

AMP Capital warns against a “confrontational and captive” plenary session

Zachary T. Rossi Jun 29, 2021
Earlier this month, the plenary hired CommIF specialist and industry veteran Julie-Anne Mizzi from AMP Capital, then expanded its ranks with a raid of six asset management staff from AMP Capital, who all worked for CommIF. Ms. Mizzi has…
Business Finance

Wall Street Banks Increase Shareholder Payments After Fed Green Light

Zachary T. Rossi Jun 29, 2021
June 28 (Reuters) - Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday that they were increasing their lump-sum payments after the U.S. Federal Reserve gave them a good health check following their…
Financial Capital

Home Point Capital Investors, Inc .: Last Days For

Zachary T. Rossi Jun 28, 2021
seInvestors with losses are encouraged to contact the company before August 20, 2021; Click on here submit business information LOS ANGELES, June 28, 2021 (GLOBE NEWSWIRE) - The Portnoy law firm informs investors that a class action…
Financial Capital

Carnival just made a truly fascinating financial move

Zachary T. Rossi Jun 28, 2021
Wall Street appears to be entering the summer slump, as the stock market was relatively sluggish to enter the new week. Advances for the S&P 500 (SNPINDEX: ^ GSPC) and Nasdaq Composite…
Financial Capital

UK payday lender Sunny enters administration

Zachary T. Rossi Mar 9, 2021
Payday lender Elevate Credit has taken over in the UK, blaming regulatory vagueness and the impact of the Covid-19 pandemic. ECIL offers consumer loans in the UK under the 'Sunny' brand.Elevate is following QuickQuid,…
Financial Capital

Trump CFPB protected payday lenders under Mick Mulvaney

Zachary T. Rossi Mar 9, 2021
Chip SomodevillaGetty Images One of the things we need to keep an eye on is the ability of this administration * to continue to do its signature misdeeds under the cover of the pandemic. For…
Financial Capital

LendUp Review: Is This Payday Loan Alternative A Good Choice?

Zachary T. Rossi Mar 9, 2021
Payday loans are a risky business. With an average interest rate of 400% blasting the budget, once you've taken out a payday loan, it's hard to get out of it. But there are times when you might not have another…
Financial Capital

Utah payday loan rates are the 2nd highest in America. Only Texas is higher.

Zachary T. Rossi Mar 9, 2021
A study indicates that they cost an average of 652% annual interest. Only Texas is higher.(Leah Hogsten | Tribune file photo) Payday loan rates in Utah are second highest in America, new research shows. Only Texas is higher. |…
Financial Capital

Google to restrict ads for payday loans – TechCrunch

Zachary T. Rossi Mar 9, 2021
Google announced today that it will no longer allow payday lenders to advertise on its systems, as loans often come with high interest rates and quick repayment requirements that push borrowers to get into debt. Payday lenders offer…
Financial Capital

Oakland owners send hundreds of eviction notices for non-payment despite city moratorium – NBC…

Zachary T. Rossi Mar 9, 2021
Oakland landlords have sent hundreds of eviction notices to tenants during the pandemic, despite the city's current moratorium prohibiting most evictions, according to records obtained by the NBC Bay Area investigative unit.…
Financial Capital

How To Get A Personal Loan In A COVID-19 Economy Personal finance

Zachary T. Rossi Mar 9, 2021
Among loan officers surveyed in the last quarter, 49% said their institution's lending standards have tightened somewhat. Almost 12% said their credit standards have tightened significantly.A high credit score and a long history of on-time…
Financial Capital

Immigrant Financial Services Provider Stilt Raises $ 100 Million Debt Facility with Silicon Valley…

Zachary T. Rossi Mar 9, 2021
Stilt founders Priyank Singh and Rohit Mittal Stilt, a financial services provider for immigrants to the United States, today announced that it has raised a $ 100 million warehouse with Silicon Valley Bank to loan it to its customers.…
Financial Capital

Cane Bay Partners Faces Payday Loan Class Action * Update: Cane Bay Responds *

Zachary T. Rossi Mar 9, 2021
David Johnson, left, and Kirk Chewning, founders and co-owners of Cane Bay Partners, receive the 2019 St.Croix Chamber of Commerce Nonprofit of the Year Award on behalf of Cane Bay Cares, the charitable arm of Cane Bay Partners. (Photo…
Financial Capital

Representative Meeks releases political plan for coronavirus crisis

Zachary T. Rossi Mar 9, 2021
On March 24, Congressman Meeks released a political plan setting out his priorities for coronavirus response legislation: “The response of Congress to the coronavirus pandemic must be immediate, and it must be comprehensive to utilize…
Financial Capital

How To Take A High Interest Loan And Avoid The Debt Cycle – Business – The Examiner of…

Zachary T. Rossi Mar 9, 2021
For the millions of Americans who struggle to afford an unforeseen expense, high interest payday and online loans may seem acceptable options despite the inherent risk. But the directives issued by For the millions of Americans…
Financial Capital

How Fig Loans seeks to disrupt the payday lending industry

Zachary T. Rossi Mar 9, 2021
https://causeartist.com/charity-charge-credit-card/ Meet the fig loans. Fig is changing the way people with bad credit experience banking. They offer…
Financial Capital

How to get your paycheck earlier (if you’re lucky enough to still have a job)

Zachary T. Rossi Mar 9, 2021
A federal employee on leave holds a sign. Photographer: Andrew Harrer / Bloomberg © 2019 Bloomberg Finance LP FINTECH SNARK TANK OBSERVATIONS In a recent study on the impact of the COVID-19 crisis on employment…
Financial Capital

It’s time for companies to pay their employees on demand

Zachary T. Rossi Mar 9, 2021
By David Ossip, Chairman and CEO of Ceridian Many Americans - regardless of income level, job type, race, gender, age, or geography - live paycheck to paycheck. Currently, the overwhelming majority of employers pay their employees…
Financial Capital

California Attorney General challenges FDIC rule that allows predatory lenders to bypass state…

Zachary T. Rossi Mar 9, 2021
August 22, 2020 - SACRAMENTO - California Attorney General Xavier Becerra, at the head of a coalition of eight attorneys general, has filed a lawsuit challenging the The Federal Deposit Insurance Corporation's (FDIC) final rule that…
Financial Capital

Our Take: Payday Loans are Back

Zachary T. Rossi Mar 9, 2021
The legislative process and the will of voters received a quick kick in the pants of lawmakers this week.This was done in an effort to legalize high interest loans which can put working poor families in a "debt trap".This all comes from…
Financial Capital

California could lead the way on payday advances

Zachary T. Rossi Mar 9, 2021
It's easy criticize payday loans for high fees and frequent loan renewals. For those with poor credit histories or cash shortages, however, it can be difficult to find an alternative. California is however closest to finalizing laws to…
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