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As gig economy grows, lenders reluctant to relax income rules

Most U.S. mortgage lenders are not ready to relax income rules even as more Americans become part of the so-called gig economy, and banks are excluding income from this work on loan applications, a survey released on Wednesday showed......»»

Category: topSource: moneycentralMay 16th, 2018

Top German court rules Uber limousine service illegal

Germany's highest court ruled on Thursday that a defunct limousine service offered by Uber [UBER.UL] was illegal, in a setback for the U.S. ride-hailing company that has struggled to comply with the law in Europe's largest economy......»»

Category: topSource: reutersDec 13th, 2018

U.S. debt under Trump grows by size of Brazilian economy in just two years

U.S. government debt is on track this year t.....»»

Category: topSource: latimesDec 12th, 2018

Hungarian unions protest plan to relax labor "slave law"

Hungarian trade unions are protesting a government plan to raise workers' allowable overtime from 250 to 400 hours a year and the relaxing of other labor rules to offset Hungary's growing labor shortage......»»

Category: topSource: foxnewsDec 8th, 2018

Fed"s Powell says strong economy hasn"t reached all Americans

Federal Reserve Chairman Jerome Powell said that while the central bank has made progress toward a “strong economy” with rising wages, many lower-income workers have been left behind......»»

Category: topSource: moneycentralDec 3rd, 2018

The first global drone standards have been revealed

As drone use grows, rules and regulations remain in flux and vary among jurisdictions. .....»»

Category: topSource: moneycentralNov 27th, 2018

Boost Your Chances of Getting That Personal Loan

There’s no universal formula for winning approval of a personal loan application. Requirements such as credit score and income vary by lender, and some online lenders consider nontraditional data, like….....»»

Category: topSource: moneycentralNov 26th, 2018

How A 150bps "Rate Shock" Would Hit The US Economy

In one of the more whimsical notes published by Goldman in recent months, chief economist Jan Hatzius writes that he has received numerous questions about various "rules of thumb" for anal.....»»

Category: blogSource: zerohedgeNov 25th, 2018

Britain’s Big Dividend Payers Cling On

Executives appear all-too-reluctant to offend income investors......»»

Category: topSource: washpostNov 23rd, 2018

EPA seeks new truck pollution rules; says air won"t suffer

The Trump administration's Environmental Protection Agency is proposing to rewrite rules that limit pollution from heavy trucks but that the EPA says slow the economy......»»

Category: topSource: foxnewsNov 13th, 2018

Why Nigeria’s Banks Are Spurning Sort-of-Free Money

Nigerian banks, facing challenges on many fronts, are proving reluctant to take advantage of new rules aimed at boosting loans to the country’s agriculture and manufacturing industries. The measures introduced by Nigeria’s central bank in Augus.....»»

Category: topSource: washpostNov 13th, 2018

31 cities adding the most jobs as the US economy grows

24/7 Wall St. reviewed 5-year changes in employment at the metro area level to i.....»»

Category: topSource: usatodayNov 12th, 2018

UK grows strongly in third-quarter, hints of tougher times ahead

Britain’s economy picked up pace during the third quarter, growing at the fastest rate since late 2016, but this may prove a high watermark ahead of Brexit, official figures showed on Friday. Laura Frykberg reports......»»

Category: videoSource: reutersNov 9th, 2018

UK economy grows at fastest tick in nearly 2 years

Official figures show that the British economy grew in the third quarter of the year at its fastest pace for nearly two years......»»

Category: topSource: foxnewsNov 9th, 2018

Wendy"s says robust economy isn"t helping low-income diners

Low-income Americans aren’t frequenting fast-food chains as much, and that’s hurting Wendy’s Co......»»

Category: topSource: moneycentralNov 7th, 2018

Oil edges lower as economic outlook grows gloomier

Oil prices inched lower on Monday as concern over the global economy put crude on track for its biggest monthly fall since mid-2016......»»

Category: topSource: reutersOct 29th, 2018

Oil falls as economic outlook grows gloomier

Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016......»»

Category: topSource: reutersOct 29th, 2018

AFR Statement On Mulvaney Plan To Gut Payday Lending Rule

Today The Consumer Financial Protection Bureau said that it will propose changes in January to the underwriting provisions of the agency’s rules for payday lenders AKA predatory lenders as well as to when th.....»»

Category: blogSource: valuewalkOct 26th, 2018

Economy grows 3.5 percent, beating forecasts

The U.S. economy expanded at a 3.5 percent pace.....»»

Category: topSource: moneycentralOct 26th, 2018

Economy grows 3.5 percent, beating forecasts

The U.S. economy expanded at a 3.5 percent pace.....»»

Category: topSource: moneycentralOct 26th, 2018

Visa tops profit estimates as consumer spending grows

Visa Inc topped Wall Street estimates for quarterly profit on Wednesday, as the world's largest payments network benefited from higher credit- and debit-card spending in a strengthening U.S. economy......»»

Category: topSource: reutersOct 24th, 2018