US consumer borrowing accelerated in February and consumers resumed using their credit cards as the economy recovered from the coronavirus pandemic, according to Federal Reserve data released Wednesday. Total consumer credit at an annual growth rate of 7.9%, after remaining stable in January. Economists expected a much smaller increase, according …
Read More »How to create your credit without a credit card
Photo: Africa Studio (Shutterstock) It’s very good to prefer “buy now, pay later“Credit card payments or to simply avoid the plastic debt trap. The only problem is that without a credit card it’s harder to increase your credit score, which means you will have a harder time qualifying for a …
Read More »Mobility Trial to Offer Staff Free Bicycles and Car Club | Imperial News
Imperial is partnering with Enterprise Rent-a-Car and Brompton Bikes on a pilot mobility center designed to provide greater choice in urban transportation. Imperial personnel invited to express interest in a trial mobility hub launch on April 22 which will offer participants the free loan of a folding Brompton bike and …
Read More »Inbrain raises $ 16.8 million for ‘smart’ neurostimulator for Parkinson’s disease
Neuroelectronics Inbrain raised $ 16.8 million in Series A funding to support the transition to clinical trials of a new neuromodulation device that uses computer learning to treat Parkinson’s disease and epilepsy. The electrodes of this new generation neurostimulator are also based on graphene, a single layer of tightly bonded …
Read More »Louisiana’s wetlands could mitigate – or worsen – climate change. Reducing erosion could make the difference.
A new report adds to growing research showing that Louisiana’s coastal wetlands could play a key role in stemming rising tides, damaging weather and other threats posed by climate change. But the report, an article published last week by scientists at the Louisiana Gulf Water Institute, is not good news. …
Read More »HSBC joins the Partnership for Carbon Accounting Financials
HSBC has joined the Partnership for Carbon Accounting Financials (PCAF) to help the bank measure and disclose its funded emissions as it strives to achieve its ambition of net zero. The CFP is a collaboration between financial institutions around the world to enable harmonized assessments and disclosures of greenhouse gas …
Read More »US, UAE announce they will invest in decarbonization in the Middle East
The United States and the United Arab Emirates (UAE) said on Monday that they would help fund decarbonization in the Middle East region and the world community at large. “We will also cooperate closely to make new investments in decarbonization finance both in the Middle East and North Africa (MENA) …
Read More »Big Banks Cut Fossil Fuel Lending, But For How Long?
U.S. banks cut lending to the fossil fuel industry last year, according to a new report, but environmental groups say the drop stems more from weak energy demand during the pandemic than from the major banks’ commitment to reduce funding for companies that contribute to climate change. In recent months, …
Read More »MUFG says to stick with some coal loans, even as green pressure mounts
Japanese Financial Group Mitsubishi UFJ Inc (8306.T) will not completely stop financing coal-fired power plants, even though external pressure has forced it to tighten its lending policy, the managing director of its main banking unit said. Like its rivals, Japan’s largest lender is coming under increasing pressure from global investors …
Read More »Upstart Petal Card Issuer Goes High with New $ 126.6 Million Credit Facility
Petal is expected to grow thanks to millions of new funding. It might take money to make money, but Petal has it covered. The upstart credit card issuer recently announced a brand new credit facility commitment, borrowing $ 126.6 million – $ 100 million from Silicon Valley Bank and $ …
Read More »Strong mortgage banks advised to redeploy money to boost profits
While heavily mortgage-backed banks may see an impact on their income from a decrease in initiations, they may mitigate it by strategically redeploying excess cash, according to a report by Keefe, Bruyette & Woods. The improving U.S. economy and growing immunization rates have helped rising mortgage rates these last weeks. …
Read More »Where did the Illinois Supreme Court criminal cases (2010-2020) come from? – Criminal law
United States: Where did the Illinois Supreme Court criminal cases (2010-2020) come from? April 07, 2021 Arnold and Porter To print this article, simply register or connect to Mondaq.com. This time, we conclude our three-week journey through data from home jurisdictions, examining the Court’s criminal cases between 2010 and 2020. …
Read More »Beware of the borrower: loans come at a high cost
Questions are already being raised as to whether the federal dollars flooding the U.S. economy during the Covid-19 crisis are reaching their intended recipients. Rightly so, when billions of taxpayer dollars are at stake. But it should make companies think twice before taking federal money. Clearly, there should be a …
Read More »Closing of the first SGR unlimited fund, the “unlimited credit
MILAN, Italy, April 01, 2021 (GLOBE NEWSWIRE) – via InvestorWire – illimity SGR, the asset management company of the illimity group created to set up and manage alternative investment funds, has completed the first closing of “illimity Credit & Corporate Turnaround “(the”Funds” or “iCCT”) —A contribution fund dedicated to investments …
Read More »Former MSU co-captain Austin Thornton named Sparta boys’ basketball coach
Former Michigan State University basketball player Austin Thornton performs in the Champions of Character All-Star Game at Cornerstone University’s Mol Arena on Wednesday, June 18, 2014 (Cory Morse | MLive.com) Facebook share Share Twitter Austin Thornton, who went from walk-on to co-captain at Michigan State University, has been named the …
Read More »Chris Evans, Aly Raisman Dog Play Date: Captain America star and Olympian, both from Massachusetts, hang out with rescue puppies, Dodger and Mylo
A video circling on social media of Olympic gold medalist Aly Raisman and Captain America star Chris Evans’ play date with their rescue dogs is the healthy content Twitter users say they need. In one of two videos Raisman posted on Twitter Sunday morning about the Massachusetts native’s dogs’ play …
Read More »Grand Haven football captain brings his relentlessness to Hillsdale as DE prospect
When Mike Farley returned to coach the Grand Haven football program this season, he was looking for players to help set the standard. He found one of these players immediately in Landon VanBeek. In retrospect, Farley said he wished he could coach the 6-4, 240-pound senior more than this season …
Read More »Zdeno Chara returns to Boston: Watch Bruins’ first period video tribute honoring former captain
BOSTON – During a break in the action with 12:34 left in the first period, TD Garden released a “Thank You Zdeno” video honoring the return of former Bruins captain Zdeno Chara to Boston for the first time. times as the capital of Washington. With no fans in the building …
Read More »Done Deal: Jack Clarke joins Stoke City on loan for the end of the season
The timeliness of a potential loan agreement for Tottenham Hotspur young Jack Clarke came out yesterday, and today it was confirmed. Spurs announced on their social media channels and website that Clarke, 20, will be spending the second half of the season on loan at Stoke City. It repeats itself …
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