Setting money goals in 2020 was likely an exercise in futility. In fact, 29% of Americans with financial goals for 2020 said COVID-19 forced them to put some of those aspirations on hold until 2021, according to a NerdWallet survey conducted online in late fall by The Harris Poll among over 1,700 U.S. adults with 2020 financial goals. “Take an inventory of where you…
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President Biden plans an emergency economic infusion of $1.9 trillion, all of it financed by debt. He hopes to complement that with trillions more for green infrastructure and other urgent needs, financed by tax reform. Is it a wise move?
–Global wind and solar company, Mainstream Renewable Power, has signed an agreement with the renewable energy investment company Aker Horizons which will take a 75% equity stake in the company, subject to regulatory approval. The company, founded by Dr Eddie O’Connor in 2008, has significant interests across Latin America, Asia-Pacific and Africa, as well as in…
–Peter Mertens, automotive industry veteran and investor, has participated in a pre-seed investment of the Israeli start-up V-HOLA Labs and joined its board. The start-up develops solutions for measuring, monitoring and reducing electromagnetic radiation in fully or hybrid electric vehicles. “Many smart high-tech solutions like VHOLA’s are coming from…
The out-of-the-blue economic jolt of the pandemic set off an urge among many households to double down on building emergency savings. A T. Rowe Price survey of still-employed retirement savers last summer reported that 50% said saving for emergencies was a major financial objective, up from 38% the previous year.
The Paycheck Protection Program, administered by the U.S. Small Business Administration, is designed to provide loans to small businesses to help them keep operating during the COVID-19 pandemic. The SBA re-opened the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets on Jan. 15. In an announcement to Chamber…
But so far the new year has brought us a mob assault on the U.S. Capitol, continued increases in COVID-19 cases and all sorts of other assorted nonsense. —For the 2021-22 academic year, the maximum Pell Grant will go up by $150 to $6,495. Students can get a partial Pell Grant if their family income is below about $60,000; students get full Pell if family income is roughly…
–Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Sonoma Pharmaceuticals, Inc. resulting from allegations that Sonoma may have issued materially misleading business information to the investing public. On November 17, 2020, after market hours, Sonoma filed a Form 8- K with…
2021 JAN 18– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– VectoIQ Acquisition Corp. II announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Cowen and Company, LLC and…
2021 JAN 18– By a News Reporter-Staff News Editor at Health& Medicine Business Daily– A patent by the inventor Weiss, Kenneth P., filed on October 7, 2014, was published online on January 18, 2021, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents. Patent number 10,885,504 is assigned to Universal Secure Registry LLC.
According to news reporting from Selangor, Malaysia, by NewsRx journalists, research stated,“ Using the nearest neighbor truncation approach, this study investigates the realized volatility transmission between the Malaysian Islamic market with various global sectoral Islamic stock markets by extending the heterogeneous autoregressive with GARCH,…
According to news reporting originating from Bratislava, Slovakia, by NewsRx editors, the research stated,“ The aim of this paper is to estimate the equilibrium real interest rate in Slovakia by means of a semi-structural unobserved components model.”. For more information on this research see: R-star In Transition Economies: Evidence From Slovakia. Ekonomicky…
2021 JAN 18– By a News Reporter-Staff News Editor at Disease Prevention Daily– Investigators publish new report on Finance- Financial Analysis. According to news reporting from Qingdao, People’ s Republic of China, by NewsRx journalists, research stated,“ To accurately measure the dynamic characteristics of systemic risk contagion under the impact of extreme…
–The 2021 Midwest Venture Showcase returns April 27-28, 2021, to highlight industry trends, expert insights, and growing Midwest companies seeking venture capital investments. New ventures in the agriculture/food, life sciences, medical device, and technology industries that are seeking $500,000 or more in equity investments with a high growth projection…
In a holiday season that many of us will spend apart from loved ones, gift-giving might feel even more important than usual. After all, if you can't travel to see family, at least you can see them unwrap gifts over a video call, right? Three-quarters of holiday shoppers are planning to use credit cards to purchase gifts this year, according to a NerdWallet survey of…
Inflation is an economic phenomenon of price increases. Traditionally a result of increased raw material pricing (like steel or lumber), inflation also occurs when there is increased demand or less supply. Both roads lead in one direction: higher prices.
The Small Business Administration has issued a rule, published in the Federal Register on Jan. 14, entitled: “Business Loan Program Temporary Changes; Paycheck Protection Program Second Draw Loans”. The rule was issued by Jovita Carranza, Administrator. Comment Date: Comments must be received on or before February 16, 2021.
The economic news has continued to soften in recent days. December saw layoffs go up and the number of jobs decline, and, this morning, the retail sales numbers dropped. Consumer confidence has gone down. Clearly, the economic headwinds from the pandemic are getting worse.
—Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world. Stellantis shares rose 2.5% in Milan in early trading to 13.18 euros, recovering losses to Fiat Chrysler from Friday. Fiat Chrysler, which was created from the merger of the…
A big part of being financially fit is managing risk. For example, to manage the risk that we die prematurely, we get life insurance. We all have heard the stories of when you could get a gallon of gas for less than 25 cents.
Refinancing your student loans can help you save thousands of dollars in interest and pay them down faster, allowing you to save money for an emergency or other purposes. Interest rates are extremely low right now since the Federal Reserve kept short-term interest rates at nearly zero to try to stimulate the economy.
How are you doing on your New Year’ s resolutions? By now you are probably aware of the research that shows as many as 50 percent of adults in the United States make New Year's resolutions, but fewer than 10 percent actually keep them for more than a few months— but do you know the history of those resolutions? It turns out that the ancient Babylonians are said to have…
The U.S. Department of State issued the following statement by Secretary of State Michael R. Pompeo:. The Department of State is announcing the addition of Banco Financiero International S.A. to the Cuba Restricted List, effective upon publication in early January. The profits earned from these operations disproportionately benefit the Cuban military…
Correction: Misinfo-Conspiracies-Podcasts story Donor backlash fuels GOP alarm about Senate fundraising Banking heir Benjamin de Rothschild dies at 57 Optimistic banks start moving' bad' loans back to' good' Restaurants, bars scramble for propane amid pandemic winter Nestlé recalls 762,000 pounds of pepperoni Hot Pockets Expo 2020 unveils key pavilion…
–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CD Projekt S.A. between January 16, 2020 and December 17, 2020, inclusive, of the important February 22, 2021 lead plaintiff deadline in the first filed securities class action commenced by the firm. To join the CD Projekt class action, go…
Extremists exploit a loophole in social moderation: Podcasts Donor backlash fuels GOP alarm about Senate fundraising Optimistic banks start moving' bad' loans back to' good' Restaurants, bars scramble for propane amid pandemic winter Nestlé recalls 762,000 pounds of pepperoni Hot Pockets Expo 2020 unveils key pavilion in Dubai as pandemic surges Trump…
Extremists exploit a loophole in social moderation: Podcasts Donor backlash fuels GOP alarm about Senate fundraising Optimistic banks start moving' bad' loans back to' good' Restaurants, bars scramble for propane amid pandemic winter Expo 2020 unveils key pavilion in Dubai as pandemic surges Trump backers seek online refuges after big tech backlash Most…
Extremists exploit a loophole in social moderation: Podcasts Donor backlash fuels GOP alarm about Senate fundraising Optimistic banks start moving' bad' loans back to' good' Restaurants, bars scramble for propane amid pandemic winter Fleeing New Yorkers squeeze surrounding housing markets Expo 2020 unveils key pavilion in Dubai as pandemic surges Trump…
Extremists exploit a loophole in social moderation: Podcasts Donor backlash fuels GOP alarm about Senate fundraising Optimistic banks start moving' bad' loans back to' good' Expo 2020 unveils key pavilion in Dubai as pandemic surges Trump backers seek online refuges after big tech backlash Most major US airlines ban guns in luggage for DC flights Stocks fall…
According to news reporting originating from the School of Finance by NewsRx correspondents, research stated,“ The level of financial literacy of rural residents will affect their financial decisions and the financial well-being behind the decisions.”. Financial supporters for this research include National Natural Science Foundation of China.
According to news reporting from Subang Jaya, Malaysia, by NewsRx journalists, research stated,“ CyberTech has drawn academic attention in the aftermath of the global financial crisis as banks were forced to embrace CyberTech more aggressively to cope with market competition after the crisis. Banks can improve their operational efficiency and quality of…
2021 JAN 15– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– New study results on legal issues have been published. According to news originating from Al-Balqa’ Applied University by NewsRx correspondents, research stated,“ This study investigates the impact of ownership structure on the dividend policy in Jordan.”. Our news editors obtained…
2021 JAN 15– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Current study results on Statistical Mechanics have been published. According to news originating from Shanghai, People’ s Republic of China, by NewsRx correspondents, research stated,“ In the banking network system, systemic risk affected by many factors. Funders for this research…
2021 JAN 15– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– SVB Financial Group, the parent of Silicon Valley Bank, the bank of the world’ s most innovative companies and their investors, and Boston Private Financial Holdings, Inc., the parent company of Boston Private Bank& Trust Company, a leading provider of integrated wealth…
2021 JAN 15– By a News Reporter-Staff News Editor at Daily China News– Current study results on Emerging Markets have been published. According to news reporting from Changsha, People’ s Republic of China, by NewsRx journalists, research stated,“ This study aims to examine the long memory as well as the effect of structural breaks in the US and the Chinese stock…
2021 JAN 15– By a News Reporter-Staff News Editor at CDC& FDA Daily– iLobby ®, a provider of turnkey solutions that enable organizations to have greater control over their facilities, employees, and visitors, announced a strategic investment from global venture capital and private equity firm Insight Partners. “This investment will substantially accelerate…
Extremists exploit a loophole in social moderation: Podcasts Optimistic banks start moving' bad' loans back to' good' Trump backers seek online refuges after big tech backlash Most major US airlines ban guns in luggage for DC flights Stocks fall as economic pain deepens, rally runs out of gas U.S. retail sales fell in December for 3rd straight month Oil giant Total…
–Healthpeak Properties, Inc. announced today the tax treatment of its 2020 distributions. The following table summarizes, for income tax purposes, the nature of cash distributions paid to stockholders during the calendar year ended December 31, 2020:. Healthpeak Properties, Inc. is a fully integrated real estate investment trust and S&P 500 company.
Waters Slams Trump Administration's Harmful, Rushed Actions to Limit Activities of GSEs, Bail Out Hedge FundsTrump Administration Action Limits Biden Administration's Options for GSEs, Pushes Toward End to Conservatorship. WASHINGTON, D.C.- Today, Congresswoman Maxine Waters, Chairwoman of the House Committee on Financial Services, gave the following…
WILMINGTON, Del.- President-elect Joe Biden released initial details of a $1.9 trillion coronavirus relief plan that aims to stem the surging pandemic, speed up vaccinations and provide further financial help to Americans, as well as local governments and businesses dealing with almost a year of economic declines. Biden is also asking for Congress to approve…
Trump backers seek online refuges after big tech backlash Most major US airlines ban guns in luggage for DC flights Instacart, others push incentives to get workers vaccinated Asian shares follow Wall St lower as traders mull Biden plan US unemployment claims jump to 965,000 as virus takes toll Xi asks Starbucks' Schultz to help repair US-China ties Powell…
–Drip Capital has reached a major company milestone; financing over US$ 1 B of cross-border trade through its platform. Sharing his views on the company’s milestone, Pushkar Mukewar, Co-Founder and CEO, Drip Capital said, “Our core focus has been to innovate and solve credit access problems for the export-import community. As demand from consumer-led economies…
Last year, Maine small businesses applied for more than 28,000 loans totaling close to $2.3 billion by August in the forgivable loan program championed by Sen. Susan Collins, R- Maine, in the first pandemic stimulus package in March. The number of new applications taken so far hasn't been tallied yet, according to a spokesperson for the Maine office of the Small…
Financial support for this research came from Research Foundation of the OP Group. For more information on this research see: Emerging Market Contagion Under Geopolitical Uncertainty. Emerging Markets Finance and Trade, 2020; 56: 1377-1401. Emerging Markets Finance and Trade can be contacted at: Informa UK, 2-4 Park Square, Milton Park, Abingdon OX14 4 RN, Oxon,…
Global law firm Greenberg Traurig, LLP has continued the expansion of its Asia real estate practice with the addition of Mori Inada as a shareholder in its Tokyo office. This growth initiative, including the recruitment of Mori Inada, is designed to firmly extend Greenberg Traurig' s global real estate platform into Japan. Greenberg Traurig's Japan real estate…
2021 JAN 14– By a News Reporter-Staff News Editor at Middle East Daily– Current study results on Investment have been published. According to news reporting from Mecca, Saudi Arabia, by NewsRx journalists, research stated,“ This paper examines the liquidity risk of Islamic and conventional banks by looking at the impact of bank-specific variables on three…
2021 JAN 14– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Leading lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Day, Deadrick& Marshall, Inc. and Premier Northwest Insurance. Located between Baltimore and…
2021 JAN 14– By a News Reporter-Staff News Editor at CDC& FDA Daily– Tavant announced it has launched FinConnect on Salesforce AppExchange, empowering customers to connect the internal and external systems within their mortgage ecosystems. FinConnect is a component of Tavant’ s AI-powered digital lending suite of products, V? LOX, and simplifies the lending…
LUXEMBOURG, 13 January 2021/ PRNewswire Policy/– The European Investment Bank and Banque des Territoires will each invest €100 million in an investment platform to finance the energy transition of bus fleets across France. The EIB's investment is guaranteed by the European Fund for Strategic Investments, the central pillar of the Investment Plan for…
LUXEMBOURG, 13 January 2021/ PRNewswire Policy/– EIB signs SEK 1 billion loan for the Käppala Wastewater Treatment Plant in the municipality of Lidingö, near Stockholm. The European Investment Bank has signed a SEK 1 billion loan agreement with the Käppalaförbundet, an intermunicipality partnership in the Stockholm archipelago, for an upgrade and…
—Shares of Poshmark Inc. more than doubled in their debut trading in the public markets Thursday, a testament to the strength of the online marketplace for second-hand goods even during a pandemic. Poshmark, founded in 2011 by Manish Chandra, joins a growing number of e-commerce sites like Doordash and Airbnb that have gone public during the pandemic.
–WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FNS Bancshares, Inc., a bank holding company, in connection with the Company’s proposed stock-for-stock merger of the Company with BancorpSouth Bank, a bank holding company operating approximately 310 full-service branch locations…
Edison, NJ—- 01/14/2021– Latest released the research study on Global P2P Lending Market, offers a detailed overview of the factors influencing the global business scope. P2P Lending Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The study covers emerging…
Financial services trade associations raise substantial sums of political action committee funds, money that supports lobbying efforts on important issues. In light of last week’s mob attack on the Capitol and the tense political atmosphere, trade associations are reviewing donor policies.
Many economists are largely positive on the economy going forward: financially speaking, the COVID-19 pandemic could’ve been a lot worse, and we’re well on our way to recovery. Several sectors remain strong, such as the housing market, even as the pandemic continues to shrink overall production.
Sir Grout, a leading innovator in the hard-surface restoration industry that recognizes the special needs of homeowners and businesses, is proud to announce the launch of its New Year's promotion. Sir Grout was founded in 2004 by Jeff Gill and Tom Lindberg, seasoned business leaders with a proven track record in sales training, personnel development, business…
–Ademi LLP is investigating FBL Financial for possible breaches of fiduciary duty and other violations of the law in its transaction with Farm Bureau Property& Casualty Insurance Company and Iowa Farm Bureau Federation. Ademi LLP alleges FBL Financial’s financial outlook is improving and yet FBL Financial shareholders will receive only $56.00 per FBL…
2021 JAN 13– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Healthcare Services Acquisition Corporation announced the closing of its upsized and oversubscribed initial public offering of 33,120,000 units at $10.00 per unit. Healthcare Services Acquisition Corporation is led by Chairman and CEO David T. Blair, a 25- year…
2021 JAN 13– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– With reference to the press release dated December 8, 2020 announcing that HyGear’ s shareholders had entered into an agreement for the company to be acquired by Xebec Adsorption Inc., a global provider of clean energy solutions from Montreal, Canada., HyGear now provides…
2021 JAN 13– By a News Reporter-Staff News Editor at Economics Daily Report– Researchers detail new data in economics. This study suggested that investors of ISSI consider Central Bank interest rates, inflation, rupiah exchange rates, and SBIS rates of return to predict the stock price so investors can make the right decisions in their investment policies.”.
