Economy - Finance > Credit

Zopa raises $300M at a $1B valuation to expand its P2P lending and savings neobank in the UK

4 hours ago   |   Tech Crunch

Another big infusion of cash from a major investor is making its way to a fintech out of the UK on the heels of strong growth. Today Zopa - a neobank with some 500,000 users in...
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The Best PayPal Alternatives

The Best PayPal Alternatives

6 hours ago   |   Business

PayPal is a popular payment facilitator that can help your business start accepting credit cards, but it's not the only game in town. Here are some PayPal alternatives to consider.
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Granfluencers: The Latest Digital Marketing Trend

Granfluencers: The Latest Digital Marketing Trend

6 hours ago   |   Business 2 Community

Baby Boomers hold more than $2.6 trillion in spending power but are often overlooked by marketers, specifically when digital campaigns are created. That's a lot of money that...
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Here's everything Apple announced at its “Unleashed” event this morning

Here's everything Apple announced at its “Unleashed” event this morning

8 hours ago   |   Tech Crunch   |   12 articles

It's only been a few weeks since Apple's last big announcement event, but they're already at it again. The last one focused on iPhones and Apple Watches. This time around? They...
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Citigroup nabs Credit Suisse banker - Frustrated Goldman execs - PwC's remote-work plan

17 hours ago   |   Business Insider

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go
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Klarna strengthens credit checks in the UK as regulators crack down on ‘buy now, pay later'

21 hours ago   |   CNBC

Klarna said it is introducing a number of changes in the U.K. including stronger credit checks and the ability to make instant payments.
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Sen. Joe Manchin is demanding Biden's child tax credit come with a work requirement and income cap around $60,000, report says

1 day ago   |   Business Insider

Sen. Joe Manchin, D-W.Va., speaks at a news conference outside of his office on Capitol Hill in Washington, Wednesday, Oct. 6, 2021. AP Photo/Andrew Harnik Sen. Joe Manchin...
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Bank earnings give big bullish signal to investors, showing consumer is flush and spending

2 days ago   |   CNBC

Whether it is better loan growth, credit-card signups, or economic indicators like unemployment, banks are back in expansion mode.
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Manchin is putting Biden's child tax credit on the chopping block, digging in on who should qualify

2 days ago   |   Business Insider

President Joe Biden. Manuel Balce Ceneta/AP Democrats want to extend the child tax credit as part of their social spending bill. Manchin has led a push to impose a work...
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AM Best Assigns Credit Ratings to Seguros e Inversiones S.A

3 days ago   |   A.M. Best

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of “bbb+” to Seguros e Inversiones S.A.. The outlook assigned to these ...
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Tuesday: Housing Starts

From Matthew Graham at Mortgage News Daily: Highest Rates in Months Mortgage rates had a mixed showing last week. They started out high before improving through Thursday... Read more ...

The Inflation Rate Formula & How to Calculate It

The Inflation Rate Formula & How to Calculate It

You might've heard your grandparents talk about how the prices of goods and services used to be way cheaper, and you might have imagined how great it would've been to pay 5... Read more ...

Oct. 19, 2021 Digital Edition 

The Digital Edition of Finance & Commerce is available to both print and online subscribers. Read more ...

Government investment on the decline: U.S. government fixed asset...

Government investment on the decline:  U.S. government fixed asset investments are shrinking as a fraction of GDP

One role of government is to invest in public infrastructure: roads, bridges, public water and sewage, the military, etc. The FRED graph above shows this investment in fixed... Read more ...

Ford invests $316M to build electric power units at UK transmission facility

Ford Motor Company is investing $316 million to transform its Halewood, UK vehicle transmission facility into an electric power unit plant, making it Ford's first EV component... Read more ...

Aiven snags $60M investment on $2B valuation, up from $800M in March

Aiven , a Finnish startup that helps companies combine various open source technologies with public cloud infrastructure resources, announced a $60 million investment on a $2... Read more ...

What is ROI? This simple metric can offer greater insight into the...

Return on investment, or ROI, is a widely used financial ratio that measures the profit or loss from an investment relative to the amount of money initially put into it. Alyssa... Read more ...

Zopa raises $300M at a $1B valuation to expand its P2P lending and savings...

Another big infusion of cash from a major investor is making its way to a fintech out of the UK on the heels of strong growth. Today Zopa - a neobank with some 500,000 users in... Read more ...

What can be done to mitigate the affordable housing crisis?

As the nation's economy struggles to recover from the COVID-19 pandemic, Minnesota nonprofit organizations, government agencies and some private stakeholders are marshaling... Read more ...

Funding fight threatens plan to pump billions into affordable housing

Low-income housing, and the voucher program in particular, are among those most at risk of being scaled back or jettisoned as the White House seeks to slash the social spending... Read more ...