Profit

Attorney General James gets $850,000 from Disability Services nonprofit who defrauded Medicaid

Maranatha Human Services tricked Medicaid into illegally paying the CEO and family members for work that was not eligible for Medicaid NEW YORK – New York Attorney General Letitia James today announced a settlement with Maranatha Human Services, Inc. (Maranatha), a nonprofit organization that provides Medicaid services to people with developmental disabilities in New York. […]

Total cost

Top 6 lenders for emergency cash immediately

There are many reasons why people consider a loan for bad credit. It could be because they have bad credit, they are currently in a bad financial time, they are behind on their bills, they are deeply in debt, they have car repair or simply have to pay to continue living. Whatever situation you find […]

Interest rates

Fed likely to push interest rates above 3.5% and hold them through 2024, Williams says

The Federal Reserve likely needs to raise its benchmark interest rate “slightly above” the 3.5% level to slow the economy, New York Fed President John Williams said on Tuesday. This level would be “restrictive” and likely to slow down demand. In an interview with The Wall Street Journal, Williams said he thinks the Fed will […]

Interest rates

US Fed to raise interest rates to over 4% next year: The DONG-A ILBO

Senior officials from the Federal Reserve System, the central bank of the United States, have said the Fed will raise base rates to more than 4% through early next year and hold them for a while. As Fed Chairman Jerome Powell and senior members issued a strong message to continue his policy of monetary tightening […]

Profit

Joules bailout talks with Next stumble after latest earnings scare | Economic news

Struggling fashion chain Joules’ hopes of a lifeline from high street giant Next have met a stumbling block days after issuing a new profit warning. Sky News has learned that the two companies are no closer to agreeing the terms of an investment from Next more than three weeks after confirming they were in talks. […]

Profit

Nonprofit Provides Lifeboat Funding to Schools Affected by EKY Floods | Community

PIKEVILLE – Shaping Our Appalachian Region, Inc. (SOAR) has distributed more than $60,000 to schools in Breathitt, Knott and Letcher counties through its Eastern Kentucky Student Aid Fund. SOAR, a regional, independent nonprofit organization, provides long-term advocacy and support to K-12 schools that have been impacted by devastating flooding in Eastern Kentucky. SOAR’s Eastern Kentucky […]

Interest rates

Higher interest rates are on the horizon (VIDEO)

Federal Reserve Chairman Jerome Powell said “households and businesses are hurting a bit” as interest rates rise. Prepare for rising interest rates. That’s the message Federal Reserve Chairman Jerome Powell sent to Americans on Friday. “While higher interest rates, slower growth and looser labor market conditions will reduce inflation, they will also hurt households and […]

Profit

Keck Seng 2Q net profit increases 16x YoY to RM62m, highest since 2016

KUALA LUMPUR (August 26): Keck Seng (Malaysia) Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) increased 16 times year-on-year (yoy) to RM61.6 million from 3 RM.84 million per year since. Quarterly revenue nearly doubled to RM604.17 million from RM312.52 million in the corresponding quarter last year. Earnings per share (EPS) also […]

Total cost

Student loans and the explosive myth of meritocracy

Student loans are an important part of receiving a college education. Usually, for undergraduate students, they are a big part of the financial aid package. For universities, they are an important source of income. The little “Christian college” I attended in Oklahoma would not survive without them. In fact, I wonder how many small faith-affiliated […]

Asset

9738 g/t silver 29 g/t gold discovered at Colombia Asset

Three newly discovered high-grade zones indicate a significant advantage in this precious metals mining project, noted a report by Research Capital Corp. Outcrop Silver & Gold Corp. (OCG: TSX.V; OCGSF: OTCQX; MRG1: DB) discovered three new targets returning impressive gold and silver grades at its Santa Ana project, Research Capital Corp. analyst Stuart McDougall reported […]

Profit

Elite Member Benefits Help Timeshare Owners Take Advantage of Unused Travel Points | New

WILDWOOD, Mo., Aug. 24, 2022 (GLOBE NEWSWIRE) — Elite Member Perks, a travel points management service, has begun helping timeshare owners discover new ways to take advantage of their unused points. The service, which specializes in helping customers get the most out of their property, now helps timeshare owners with everything from mortgage management to […]

Principal sum

A lump sum or additional payments?

Studio WAYHOME / Shutterstock.com There are several ways borrowers can repay their student loans, from refinancing to using popular repayment strategies such as snowball or avalanche. Two additional methods are to make a lump sum payment or to make additional payments. It’s here: Our 2022 Small Business SpotlightLearn more: Stimulus updates to know for August […]

Asset

Proposed changes to the qualified professional asset manager exemption

By Andrew Gaines, Craig Spenner, David Miller and Jason Behrens On July 27, 2022, the Department of Labor (DOL) released a proposed amendment to the 84-14 Prohibited Transactions Class Exemption (the “QPAM Exemption”). The QPAM exemption has generally been most invoked over the Prohibited Transactions Class Exemption for investment managers managing plan assets subject to […]

Principal sum

Ex-Schumacher Ferrari F1 fetches colossal sum at auction

Michael Schumacher’s winning car in the 1998 season, the Ferrari F300, sold at auction for $6,220,000. Listed as “chassis number 187”, it is one of nine chassis created for the 1998 season and is considered an F300 chassis with a 100% win record. In the hands of Michael Schumacher it was used in four victories, […]

Interest rates

Homeowners face monthly £200 mortgage hike as interest rates near 10-year high

Homeowners have suffered a £200-a-month increase in their mortgage repayments as interest rates approach a 10-year high. The average rate for a two-year fixed-rate mortgage rose to 4.09%, its highest level since February 2013, according to analyst Moneyfacts. The higher cost of borrowing follows six consecutive increases in the bank rate since December last year, […]

Asset

Meeder Asset Management Inc. buys shares of 16,946 AGNC Investment Corp. (NASDAQ: AGNC)

Meeder Asset Management Inc. acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC – Get Rating) during the first quarter, according to the company in its latest filing with the Securities and Exchange Commission (SEC). The fund bought 16,946 shares of the real estate investment trust, valued at around $222,000. A number of other hedge […]

Profit

Christy Moore’s music company turns profitable after Covid shutdown

This year Christy Moore’s music company returned to profit as music fans returned to concert halls to see the singer-songwriter perform live again with the lifting of Covid restrictions -19. More than 50 years on the road, Moore’s live music revenue from Yellow Furze Music Ltd has been hit hard by the forced shutdown of […]

Interest rates

Personal loan interest rates continue their downward trend for 5-year loans

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. The latest personal loan interest rate trends […]

Profit

Two Pennsylvania judges ordered to pay $200 million in for-profit jail program with children

Two Pennsylvania judges who sent children as young as 8 to for-profit prisons, then pocketed part of the proceeds, have been ordered to pay back more than $200 million to their victims. Mark Ciavarella and Michael Conahan, both judges on the Luzerne County Court of Common Pleas, shut down a county-run juvenile detention center and […]

Asset

CNH Equipment set to raise $835.6 million

A collateral pool heavily focused on agricultural equipment will secure CNH Equipment 2022-B, a transaction that is expected to raise $835.6 million in asset-backed securities. Farm equipment — a low-loss asset class, historically — makes up 87% of the pool, with construction accounting for the remaining 13%, according to Fitch Ratings. Despite the farm equipment […]

Interest rates

August 16, 2022—Rate Cut – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Today, the average rate for a 30-year fixed mortgage is 5.50%, according to Bankrate.com. On a 15-year fixed mortgage, the average rate is 4.94%. The average rate on a 30-year jumbo mortgage […]

Profit

Housing market: Most homeowners profit from sales, despite slowdown

Most homeowners continue to make significant profits when they sell their homes, despite the fact that the resale market is showing further signs of weakness. Photo: RNZ / Nate McKinnon CoreLogic’s pains and gains survey indicates that 98.1% of properties resold in the three months ending June (Q2 2022) achieved a gross profit or gain […]

Total cost

Get your finances in order before baby arrives

Can’t wait to welcome a new baby? Congratulations. If you’re here, it means you’re looking for expert advice on preparing your finances for the arrival of your newest family member. This is a crucial aspect of a future parent. The importance of this education is underestimated, as you could go into deep debt and declare […]

Asset

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. strengthens position in shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in Healthcare Realty Trust Incorporated (NYSE: HR – Get Rating) by 4.3% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission. The company held 63,617 shares of the real estate investment trust after purchasing an additional 2,594 shares during […]

Interest rates

Rising interest rates – a huge explosive force for the US economy

Rapidly rising interest rates hold tremendous explosive power for the US economy! Every U.S. yield curve inversion since World War II has been followed by a recession. Both are currently taking place at the same time. As a result, the monetary policy role of the US Federal Reserve is increasingly retrograde and interest rates are […]

Profit

Propionic Acid Market Analysis, Distribution, Application, T…

(MENAFN-EIN Presswire) Propionic Acid Market Growth The global propionic acid industry generated $1.25 billion in 2018 and is expected to bring in $1.6 billion by 2026, growing at a CAGR of 3.5% from 2019 to 2026 OREGON, PORTLAND, USA, Aug. 12, 2022 /EINPresswire.com/ — The global propionic acid industry generated $1.25 billion in 2018 and […]

Principal sum

Summit Materials (NYSE:SUM) upgraded to “B” at TheStreet

Summit Materials (NYSE: SUM – Get a rating) was upgraded by equity analysts TheStreet from a “c+” rating to a “b” rating in a note to investors released Wednesday, TheStreetRatingsTable reports. Several other brokerages have also recently weighed in on SUM. Morgan Stanley raised its price target on Summit Materials shares from $27.00 to $29.00 […]

Interest rates

High interest rates make GICs more popular in Canada. Why is that? – National

Rising interest rates could be bad news for Canadians with mortgages, but it also means higher rates on savings vehicles such as guaranteed investment certificates (GICs), prompting renewed interest. interest in investments. Mahima Poddar, senior vice president and group head of personal banking at Equitable Bank, said GICs have not been popular in recent years, […]

Principal sum

iPhone 13 prices drop again, getting lump sum discount of Rs 5,000,000

Strong points Apple India offers cashback and exchange offers on iStore iPhone 13. There is a Rs 5000 discount on iPhone 13 from Apple India iStore. HDFC Bank card users will also receive a cashback of Rs 4,000,000. New Delhi. Apple India is offering huge cashback and iStore phone trade-in on purchase of iPhone 13 […]

Profit

Woodstock Housing Alliance receives not-for-profit status

The Woodstock Housing Alliance (WHA), which aims to help end housing insecurity in Woodstock by developing accessible and sustainable housing options, has begun operations. Created by residents of Woodstock, WHA intends to create and permanently manage affordable housing for Woodstock residents with a wide range of incomes. The WHA recently received its nonprofit, 501(c)(3) status […]

Principal sum

Delhi High Court Allows Interest on U/S 244A Refund

The Delhi High Court concluded that the Punjab & Sind Bank is entitled to a refund of the sums it deposited after recalculation by the Ministry and that interest is liable to be paid under Section 244A (1) (b) of the Income Tax Act. The division bench of Justice Manmohan and Justice Manmeet Pritam Singh […]

Asset

Insurance Basics for Young Dermatologists

The most valuable asset for almost all dermatologists is their ability to practice their profession, as the future stream of income from this asset is large and quantifiable. To protect this asset for themselves and the people who depend on it, dermatologists rely on disability insurance and life insurance as fundamental “asset protectors”. Young dermatologists […]

Interest rates

Rising mortgage interest rates are hurting housing affordability in Texas

interest rates are contributing to declining housing affordability across the state, according to a new report from Texas A&M University’s Texas Real Estate Research Center (TRERC). Image for illustrative purposes” class=”wp-image-118755″ srcset=”https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability.jpg 1068w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-300×163.jpg 300w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-1024×556.jpg 1024w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-768×417.jpg 768w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-420×228.jpg 420w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-696×378.jpg 696w, https://texasborderbusiness.com/wp-content/uploads/2022/08/Texas-House-Affordability-773×420.jpg 773w” sizes=”(max-width: 1068px) 100vw, 1068px”/>(Texas Real Estate Research Center) – Overall, […]

Profit

Rent Calculator vs Buying House: Rs 60 Lakh Profit on Buying Rs 50 lakh Flat vs Renting on 20,000/month!

Rent and house purchase calculator: Mortgage rates are expected to rise as the Reserve Bank of India (RBI) recently raised the key repo rate. With this, the debate between renting and buying a home is back in fashion. Several new financial influencers argued that renting would be better than owning a home right now. Is […]

Asset

Galaxy Digital Asset Management: July 2022 end-of-month AUM

NEW YORK – Galaxy Digital Holdings Ltd. (TSX: GLXY) (‘Digital Galaxy‘) announced that its subsidiary, Galaxy Digital Asset Management, (‘GDAM‘), declared the provisional assets under management of $2,096.6 million of the July 31, 2022. (a) All figures are unaudited. AUM includes sub-advised funds, committed closed-end vehicles, seed investments by affiliates, and fund-of-funds products. Changes in […]

Interest rates

Interest rates, inflation: Expert reveals four ways to save money fast

Inflation is at an all-time high, interest rates are rising, and many families are struggling to keep up with their growing bills. Finding ways to reduce financial stress can be overwhelming. For many people, the numbers themselves are hard to grasp – but they know that means they have to tighten their belts. The Reserve […]

Profit

The former Kenney chief has won thousands of dollars after leaving PO for a non-profit that receives provincial funding

Prime Minister Jason Kenney’s former acting chief of staff made more than $200,000 last year, including thousands from a consulting contract he landed for the Department of Energy after leaving the Prime Minister’s Office to run a government-funded nonprofit. Lawrence Kaumeyer was working as Kenney’s acting chief of staff until August 2021. He joined Ducks […]

Asset

July 2022 end of month AUM

NEW YORK, August 5, 2022 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy Digital”) announced that its affiliate, Galaxy Digital Asset Management (“GDAM”), has declared the preliminary assets under management of $2,096.6 million of the July 31, 2022. Assets Under Management (“AUM”)(a)(c) (in millions) 07/31/22 (b) 06/30/22 (b) 05/31/22 04/30/22 03/31/22 02/28/22 01/31/22 12/31/21 […]

Interest rates

Indian Bank Raises Interest Rates on Term Deposits; Check details

India’s state-owned bank raised interest rates on fixed deposits, effective August 4. The latest rates will be applicable on fixed deposits below Rs 2 crore. The move comes after several other lenders also hiked interest rates on deposits as well as loans, amid the RBI’s tight monetary policy. Also on Friday, the RBI’s MPC raised […]

Principal sum

Summit Minerals – SUM (ASX) News and Expert Opinions from Stockhead

Summit Minerals is an exploration company of Battery Minerals focused on the exploration and development of its strategically located projects. Summit is focused on advancing its core assets comprising the Company’s interests in their Lithium, Antimony, Rare Earths and Uranium Tenements: Phillips River Lithium Project Bridgetown Lithium Projects Northern Lithium & REE Projects Stallion Uranium […]

Total cost

RadCred launches contactless lending platform for bad loans

/EIN News/ — GLENDALE, Calif., Aug. 05, 2022 (GLOBE NEWSWIRE) — RadCred, a lending intermediary, is launching its contactless lending platform for problem loans. Since its inception, RadCred has become one of the top choices for people applying for short-term loans due to its fast and hassle-free services. RadCred works as a conduit or link […]

Principal sum

Danville Company buys JCPenney property in Pleasanton for undisclosed sum

DANVILLE, CA – A Danville real estate company announced last week that it had acquired the Stoneridge Mall building that houses JCPenney in Pleasanton, multiple outlets report. 300 Venture Group (3VG) has purchased the two-story, 155,920-square-foot building on approximately 10 acres, where JCPenney has been located since 1980. The cash purchase price was not disclosed. […]

Principal sum

JCPenney property in Pleasanton purchased for an undisclosed sum

PLEASANTON, Calif. — A Danville real estate company announced last week that it had acquired the Stoneridge Mall building that is home to JCPenney, multiple outlets report. 300 Venture Group (3VG) has purchased the two-story, 155,920-square-foot building on approximately 10 acres, where JCPenney has been located since 1980. The cash purchase price was not disclosed. […]

Total cost

Front and Center: Before Guaranteed Income and the Child Tax Credit, “Some months I was very short”

Front and Center is a groundbreaking series of opinion pieces published by Mrs. and created in partnership with the Magnolia Mother’s Trust, which aims to put front and center the voices of black women who are most affected by the often abstract policies currently being debated at the national level. The series highlights the success […]

Asset

CPS Announces $391.6 Million Senior Subordinated Asset Backed Securitization | New

LAS VEGAS, Nev., Aug. 03, 2022 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its third securitization in 2022. The transaction is CPS’s 44th senior subordinated securitization since the start of 2011 and the 27th consecutive securitization to receive a triple “A” rating from at […]

Asset

Shares of Sun Communities, Inc. (NYSE: SUI) acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in shares of Sun Communities, Inc. (NYSE: SUI – Get Rating) by 5.4% in the first quarter, Holdings Channel reports. The institutional investor held 151,666 shares of the real estate investment trust after purchasing an additional 7,750 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Sun […]

Profit

BP posts £6.9bn profit as cost of living crisis set to worsen dramatically

ENERGY giant BP has posted eye-popping £6.9billion profits as ordinary families across the country fear another expected rise in their utility bills. Investors in the oil company have been encouraged by the company reaping the benefits of soaring fuel prices as it says its profits hit a 14-year high in the second quarter. In the […]

Interest rates

AUD/NZD drops to near 1.0500 as RBA raises interest rates by 50bps

A simple bearish move led to a new 2-week low at 1.1050 for AUD/NZD. The announcement of a 50 bps rise in the OCR is in line with expectations. This week, New Zealand employment data will remain in focus. The AUD/NZD pair fell rapidly after the Reserve Bank of Australia (RBA) announced a 50 basis […]