A fintech startup launching this Labor Day is looking to chip away at the racial wealth and homeownership gaps by helping its customers show lenders that, even if they don’t have the credit score to secure a mortgage, they have the cash flow. Ashley D. Bell, the founder and CEO of Ready Life, has landed … Read more
Single-use plastics’ ban, which will come into force on July 1, is unlikely to see an extension in the deadline, Union environment minister Bhupinder Yadav said. The Union ministry of environment, forest and climate change had notified the Plastic Waste Management Amendment Rules, 2021, in August last year. … Read more
The housing market is showing small, but significant, indicators that the balance is shifting back towards buyers from sellers, Redfin said. Its seasonally-adjusted Homebuyer Demand Index was down 9% year-over-year during the week ending May 29. This was the seventh consecutive decline in the index, which measures requests for tours and other homebuying services from … Read more
Employers in Washington will be required to monitor temperature and air quality, take steps to protect workers from heat and smoke hazards, and provide training and information from June 15 through the end of September, The Washington Department of Labor & Industries on Wednesday filed emergency outdoor heat exposure and wildfire smoke rules to protect … Read more
Jean-Luc Ichard/iStock Editorial via Getty Images Microsoft (NASDAQ:MSFT), which has been classified as one of the stalwarts of the tech industry amid the recent market decline, looks as if it may not be completely infallible after all. That’s because Microsoft (MSFT) may be tapping the breaks a bit on his hiring plans, according to a … Read more
Does refinancing start your loan over? The short answer is, yes. When you refinance, you’re replacing your original mortgage with a brand new one. That means you effectively start the loan over. But it is still possible to refinance without restarting your loan term at 30 years. With a little bit of savvy, you may … Read more
The writer is author of ‘The Age of Surveillance Capitalism’ and professor emeritus at Harvard Business School On April 23, lawmakers in Brussels approved the Digital Services Act, a major piece of legislation aimed at curbing the power of Big Tech. The DSA is not just more procedural drudgery on the EU’s conveyor belt of … Read more
Stocks have struggled so far this year, with the S&P 500 losing 10%. Commentary from Bank of America strategists indicates more losses may be on the way. Global equity funds saw on outflow of $17.5 billion in the week ended April 20, the worst week of the year, according to the strategists, citing EPFR data. … Read more
In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to ban exports from April 28 till further notice. … Read more