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......»»
Outside the Box: Essential workers in this coronavirus-damaged economy need money as well as applause
These 3 initiatives can help lower-income workers achieve greater financial security, writes Kabir Sehgal......»»
Walker & Dunlop Grows Total Transaction Volume 91% to Record $11.4 Billion Generating Diluted Earnings Per Share of $1.49
BETHESDA, Md., May 6, 2020 /PRNewswire/ -- FIRST QUARTER 2020 HIGHLIGHTS Record total transaction volume of $11.4 billion, up 91% from Q1'19 Record total revenues of $234.2 million, up 25% from Q1'19 Net income .....»»
American Savings Bank reports decrease net income in Q1
"When the year started, we expected the economy to remain robust, while interest rates were low — generally things were expected to be the same as they had been," Rich Wacker, president and CEO of ASB said......»»
New Rules of Retirement
For many Americans, the coronavirus economy has blown up plans for a next chapter after full-time work......»»
How Quickly Americans Expect to Resume Their Lives After COVID-19
As U.S. cities and states begin to relax stay-at-home orders, the real test of how quickly the country's economy can recover depends on how willing people are to resume their normal activities. That........»»
Georgia"s governor hit with wave of backlash over plans to begin reopening the state"s economy on Friday
Kevin Cox/Getty Images Georgia Gov. Brian Kemp was met by a wave of backlash after he announced plans to relax the state's stay-at-home measures against the coronavirus in order to begin revving up the ec.....»»
Ducey not ready to relax stay-at-home order, will follow White House guidelines
Arizona Gov. Doug Ducey isn't ready to relax stay-at-home orders as others have done, saying in a call with various mayors the state hasn't hit certain federal guidelines to reopen the economy. The continued orders come as several thousand people prote.....»»
Key Words: Here’s what Pope Francis said about the global economy that drew a ‘wow’ from a former presidential candidate
Pope Francis says it might be time for universal basic income......»»
Why Mexico Fears Shutting Down Its Economy To Combat COVID-19
Why Mexico Fears Shutting Down Its Economy To Combat COVID-19 Authored by Ryan McMaken via The Mises Institute, Mexico's president Andrés Manuel López Obrador has been reluctant to impose mandatory.....»»
IMF sees world in worst slump since the Great Depression
The International Monetary Fund sees the world economy suffering its worst recession since the Great Depression this year, with emerging markets and low-income nations in Africa, Latin America and Asia at particularly high risk......»»
Cheap gas and weaker US rules for fuel economy aren"t going to help Tesla sell more electric cars (TSLA)
Hollis Johnso.....»»
Simplifya"s CEO On The Crucial Need For Cannabis RegTech In A Shaky Economy
Cannabis companies continue to rely on regulatory technology to keep up with varying state-by-state rules. read more.....»»
Market Extra: Lenders call on Washington for more clarity on small-business rescue program a day before Friday launch
Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»
Market Extra: Lenders call on Washington for more clarity on small business rescue program a day before Friday launch
Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»
Mnuchin says small business rescue loans launch Friday, despite lender confusion
U.S. Treasury Secretary Steven Mnuchin said he was pressing ahead with the Friday launch of a $349 billion coronavirus rescue loan program for small businesses despite confusion over last-minute final rules and lenders unprepared to approve applications......»»
FCC proposes to fine TracFone Wireless $6 million for subsidy violations
The Federal Communications Commission on Thursday proposed to fine TracFone Wireless $6 million for allegedly violating its rules governing the subsidy program for telecommunications services for low income users......»»
Market Extra: Lenders call on Washington for more clarity on small business rescue program a day before launch Friday
Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»
"Relax, Eat Out & Shop": China In Desperate Bid To Jump-Start Paralyzed Consumer Economy
"Relax, Eat Out & Shop": China In Desperate Bid To Jump-Start Paralyzed Consumer Economy.....»»
The Fed: ‘I am scared of losing my income, my shop and my home’ — Texas businesses worry about coronavirus
Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy......»»
The Fed: ‘I am scared of losing my income, my shop and my home’ — Texas executives worry about coronavirus
Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy......»»