News

[ad_1] India has added 14 unicorns so far in 2022 and the value of all its unicorns—100 in total— stands at $332.7 billion, the commerce and industry ministry said on Friday. India added as many as 44 unicorns in 2021 alone, with a total valuation of $93 billion, it added. This was a remarkable feat, as until FY17, roughly one unicorn was being added every year, according to an official statement. Over the past four years, this number has been increasing exponentially, with a 66% year-on-year jump in the number of additional unicorns being added every year, it added. More than 69,000 start-ups have been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) since the government launched the Start-up India programme on January 16, 2016. Start-ups have been recognised across 56 diverse sectors, with 13% from IT services, 9% from healthcare and life sciences, 7% education, 5% professional and commercial services, 5% agriculture and 5% food & beverages, according to the DPIIT data. Celebrating the birth of the 100th unicorn on May 2, commerce and industry minister Piyush Goyal had tweeted: “India Hits A Century In Style! Bengaluru-based startup becomes country’s 100th Unicorn. India = Ideas + Innovation + Investments.” Earlier this year, Prime Minister Narendra Modi pledged to liberate entrepreneurship from the complex maze of red tape, as he exhorted start-ups to “innovate for India and innovate from India”. The Prime Minister had stressed on the raft of steps initiated by the government to make it easier for start-ups to flourish. The government has rolled out programmes such as Start-up India and Stand-up India, addressed the problem of the so-called ‘angel tax’, offered tax incentives and simplified procedures, extended official funding, allowed self-certification process for nine labour and three environment laws and scrapped more than 25,000 procedures to reduce compliance burden of start-ups. Government e-Marketplace platform is also promoting services rendered by start-ups to various ministries and departments. The defence forces have placed orders worth Rs 500 crore to drone start-ups. [ad_2] Source link

[ad_1] Two significant things happened on Friday: the Bureau of Labor Statistics reported that the U.S. created 428,000 jobs in April, and I had to raise another recession red flag. First, let’s look at the jobs picture. string of positive job revisions we’ve seen this year ended with a negative 39,000 print; however, the job report was solid and continued the trend of good reports in 2022. The unemployment rate is at 3.6%, and we are getting closer and closer to my forecast of getting all the jobs lost to COVID-19 by September of 2022. From BLS:  Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. The internals of the labor market are very healthy; job openings are over 11.5 million. A year ago I wrote and tweeted that we should get job openings over 10 million in this recovery, so this isn’t surprising, but it’s still shocking to see such high job openings on this report. Remember, the trend has been your friend since 2009: the Baby Boomers can’t work forever, and no country has a Dorian Gray labor market. In time, older workers need to be replaced. I never talk about labor force participation rates because it is the most useless labor data we have. Everyone had forecasted this data line to fall in the 21st century, and it has; nothing is wrong with this. People generally make too much of this data because it makes a sexy headline. So the fact that this fell means nothing to me, nor will it ever in my life. It won’t mean anything to me in the afterlife, either. The data line that I track that matters most will always be prime-age employment to the population data because that is the proper working-age workforce, not people 16-24 or 55 and over. The employment-to-population percentage for the prime-age labor force fell in this report, but is 0.6% away from being back to February 2020 levels. The jobs recovery in this new expansion has been much better than we saw during the recovery phase after the great financial crisis. The current jobless claims data is very low historically, as the hunt for labor and making sure to retain workers is a real issue for companies. This is a weekly data line that has been in a downtrend for some time. Even though I retired my America Is Back Recovery model on Dec. 9, 2020, I knew getting all the jobs back lost to COVID-19 would take some time. So, September of 2022 was the target date that I believe we will achieve those pre-COVID-19 levels. Of course, we had to deal with Delta and Omicron variants, but still, we are on pace to get all the jobs back by September of this year.   —Feb 2020: 152,553,000 jobs—May 6, 2022: 151,314,000 jobs That leaves us with 1,239,000  jobs left to make up over the next six months, which means we need to average adding 247,800 jobs per month. The unemployment rate currently stands at 3.6%. Look at the jobs data and which sector added jobs in March: Construction jobs came in positively, but the real winner was manufacturing jobs. Job openings in construction and manufacturing are big in America today. The notion that robots and immigrants took all the jobs was simply a joke. As we can see, the labor market is solid and has some legs. When the economy is back to normal, I expect to see much smaller job gains as our country lacks the population growth to have big job numbers unless it’s coming off a recession. Now to the second big news: the recession red flags. Recession red flag model: 4th flag raised today For every recovery model, you need to have a recessionary model. Traditional cycles can be forecasted correctly; it makes things interesting when you get a shock like COVID-19. The United States of America was still in an expansionary mode in 2019 and 2020 before COVID-19 hit us. For a more traditional economic expansion and recession, here is the model backtested with the housing bubble years, in which the red flags were all up in 2006. The fourth recession red flag looks for over-investment in the economic cycle. What sector was so hot that the demand for that sector couldn’t be sustained? Retail sales, durable goods spending, and the e-commerce side of this expansion saw an epic boom due to COVID-19. Now those stocks are getting deflated and the demand for durable goods can’t be sustained. I use the company Peloton and their boom-and-bust cycle as an example of what a job-loss recession looks like. This company had booming demand, and then that demand collapsed, leaving them with too many workers that they had to fire. It also derailed their plans for a manufacturing plant to build more bikes. Amazon recently spoke about being too big and having too much capacity after the massive surge in consumer demand. As demand normalizes, the need for this much labor and capacity doesn’t seem apparent anymore. This is very common in boom-and-bust cycles where for some time you need more people and capacity to fill in demand, but if that demand doesn’t sustain itself, you will have spare capacity. If you want to hear some encouraging news about the growth rate of inflation peaking out, this news from Amazon is it. There are two final recession flags, which are always the most important. — The Leading Economic Index falls four to six months before every recession. Of course, this hasn’t happened, but this data line had an epic recovery from April 2020, the same month I wrote the America is Back Recovery model. — New home sales and housing starts traditionally fall into a recession. This is where the 5% plus mortgage rate world can

[ad_1] Are you one of the 43.4 million college graduates with an average of more than $40,000 in student loan debt? A student loan refinance may be your best opportunity to get better control of that debt. Our list of the seven best student loan refinance lenders for 2022 is designed to help you do just that, as each offers multiple refinance options at a wide variety of interest rates. The table below provides a summary of the main features offered by each lender. You can then scroll down and read our summary reviews with more information on the ones that interest you. #ap21261-ww{padding-top:20px;position:relative;text-align:center;font-size:12px;font-family:Lato,Arial,sans-serif}#ap21261-ww #ap21261-ww-indicator{text-align:right}#ap21261-ww #ap21261-ww-indicator-wrapper{display:inline-flex;align-items:center;justify-content:flex-end}#ap21261-ww #ap21261-ww-indicator-wrapper:hover #ap21261-ww-text{display:block}#ap21261-ww #ap21261-ww-indicator-wrapper:hover #ap21261-ww-label{display:none}#ap21261-ww #ap21261-ww-text{margin:auto 3px auto auto}#ap21261-ww #ap21261-ww-label{margin-left:4px;margin-right:3px}#ap21261-ww #ap21261-ww-icon{margin:auto;padding:1px;display:inline-block;width:15px;height:15px;min-width:15px;min-height:15px;cursor:pointer}#ap21261-ww #ap21261-ww-icon img{vertical-align:middle;width:15px;height:15px;min-width:15px;min-height:15px}#ap21261-ww #ap21261-ww-text-bottom{margin:5px}#ap21261-ww #ap21261-ww-text{display:none}#ap21261-ww #ap21261-ww-icon img{text-indent:-9999px;color:transparent} Ads by Money. We may be compensated if you click this ad.Ad Best Online Loan Marketplace Best for Low Variable Interest Rates Best Option to Skip Payments Best for Comprehensive Financial Services Best for Generous Forbearance Splash Financial PenFed Student Loan Refinancing (powered by Purefy) Earnest SoFi CommonBond Our Partner Our Partner Our Partner Our Partner Our Partner Refinance Today Refinance Today Refinance Today Refinance Today Refinance Today Minimum/Maximum Loan Amount $5,000 / no limit $7,500/$300,000 $5,000 / $500,000 $5,000 to maximum amount of student debt owed $5,000 to $500,000 Minimum Credit Score Varies by lender 670 650 650 680 Loan Terms 5, 7, 10, 15 or 20 years 5, 7, 10, 12 or 15 years 5 to 20 years 5, 7, 10, 15 or 20 years 5, 7, 10, 15 or 20 years Fixed Interest Rates 1.99% to 5.79% APR 3.97% to 11.89% APR 2.44% to 7.99% APR 2.49% to 7.24% APR 2.98% to 5.79% APR Variable Interest Rates Starting at 1.74% APR 1.47% to 9.05% APR 1.74% to 7.99% APR 1.74% to 7.24% APR 1.99% to 5.61% APR Best Online Loan Marketplace Splash Financial Our Partner Refinance Today Minimum/Maximum Loan Amount $5,000 / no limit Minimum Credit Score Varies by lender Loan Terms 5, 7, 10, 15 or 20 years Fixed Interest Rates 1.99% to 5.79% APR Variable Interest Rates Starting at 1.74% APR Best for Low Variable Interest Rates PenFed Student Loan Refinancing (powered by Purefy) Our Partner Refinance Today Minimum/Maximum Loan Amount $7,500/$300,000 Minimum Credit Score 670 Loan Terms 5, 7, 10, 12 or 15 years Fixed Interest Rates 3.97% to 11.89% APR Variable Interest Rates 1.47% to 9.05% APR Best Option to Skip Payments Earnest Our Partner Refinance Today Minimum/Maximum Loan Amount $5,000 / $500,000 Minimum Credit Score 650 Loan Terms 5 to 20 years Fixed Interest Rates 2.44% to 7.99% APR Variable Interest Rates 1.74% to 7.99% APR Best for Comprehensive Financial Services SoFi Our Partner Refinance Today Minimum/Maximum Loan Amount $5,000 to maximum amount of student debt owed Minimum Credit Score 650 Loan Terms 5, 7, 10, 15 or 20 years Fixed Interest Rates 2.49% to 7.24% APR Variable Interest Rates 1.74% to 7.24% APR Best for Generous Forbearance CommonBond Our Partner Refinance Today Minimum/Maximum Loan Amount $5,000 to $500,000 Minimum Credit Score 680 Loan Terms 5, 7, 10, 15 or 20 years Fixed Interest Rates 2.98% to 5.79% APR Variable Interest Rates 1.99% to 5.61% APR #ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table{width:100%;max-width:none;table-layout:fixed}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-title{font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-banner_text{color:#085DAD;font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-banner_text.number-0 .top-label-rect-bg{background:#112746}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-banner_text.number-0 svg{top:-1px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-title{font-family:Muli,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-subtitle{font-family:Muli,sans-serif;color:#5A5A5A}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-header{color:#085DAD;font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-header-text{font-family:Muli,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-header-text a{font-family:Muli,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-header-text p{font-family:Muli,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-button_text button{font-family:Muli,sans-serif;color:#000;background:#8cc739;border-radius:unset}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.gfc tr td.company-tbl-column-button_text button:hover{color:#000;background-color:#afea5d}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-title{font-family:”nimbus-sans”,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-banner_text{color:#0091FF;font-family:”nimbus-sans”,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-banner_text.number-0 .top-label-rect-bg{background:#143E76}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-title{font-family:”nimbus-sans”,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-subtitle{font-family:”nimbus-sans”,sans-serif;color:#9AAAB9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-header{color:#0091FF;font-family:”nimbus-sans”,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-header-text{font-family:”nimbus-sans”,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-header-text a{font-family:”nimbus-sans”,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-header-text p{font-family:”nimbus-sans”,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table.bcb tr td.company-tbl-column-button_text button{font-family:”nimbus-sans”,sans-serif;color:#fff;background:#FF7D32;border-radius:unset}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr{border-bottom:none;background:#fff}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr:first-child td{border-top:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr.company-product-row td{position:relative;padding:0 !important;border-bottom-style:hidden;border-right:4px solid #F0F5F9;background:transparent}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr.company-product-row td a{position:absolute;left:0;top:0;width:100%;height:100%;cursor:pointer}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr.company-product-row.last-row td{padding:0 8px !important;border-bottom-style:solid}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td{border-bottom:4px solid #F0F5F9;background:transparent;vertical-align:top}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td:first-child{border-left:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td p{vertical-align:top;padding:0;margin:0}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-banner_text{font-family:Montserrat,Verdana,sans-serif;color:#3750DC;font-size:14px;line-height:18px;font-weight:700;text-align:center;padding:15px 8px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-banner_text.number-0.dfct-0{padding:0 !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-banner_text.number-0 .top-label-rect-bg{color:#fff;background:#3750DC;padding:8px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-banner_text.number-0 svg{position:relative;top:0;height:20px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-img_url{padding:15px 10px !important;text-align:center;vertical-align:middle}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-img_url img{width:100%;max-height:120px;max-width:150px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-title{font-family:Montserrat,Verdana,sans-serif;color:#01003C;font-size:14px;line-height:18px;font-weight:700;text-align:center;padding:0 8px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-subtitle{font-family:Montserrat,Verdana,sans-serif;color:#9AAAB9;font-size:14px;line-height:16px;font-weight:400;text-align:center;padding:8px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-button_text{padding:15px 0;text-align:center}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-button_text button{font-family:Montserrat,Verdana,sans-serif;color:#fff;font-size:12px;line-height:20px;font-weight:700;text-transform:uppercase;text-decoration:none;text-align:center;background:#FF7D32;border-radius:50px;border:0;padding:10px 15px;margin:24px 0 40px 0;max-width:120px;cursor:pointer}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-header{font-family:Montserrat,Verdana,sans-serif;color:#3750DC;font-size:14px;line-height:18px;font-weight:700;border-right:4px solid #F0F5F9;padding-bottom:20px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-header p{font-family:Montserrat,Verdana,sans-serif;color:#3750DC;font-size:14px;line-height:18px;font-weight:700}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-header-text{font-family:Georgia, serif;color:#01003C;font-size:14px;line-height:18px;text-align:left;border-right:4px solid #F0F5F9;padding-bottom:20px !important}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table tr td.company-tbl-column-header-text p{font-family:Georgia, serif;color:#01003C;font-size:14px;line-height:18px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows{display:none;flex-direction:column}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row{display:flex}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row:first-child .money-company-tbl-column{border-top:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row:last-child .money-company-tbl-column{border-bottom:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:first-child{border-left:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:last-child{border-right:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-row .tbl-company-headers.mobile{display:none}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column{position:relative;display:flex;flex:1;flex-direction:column;align-items:center;font-family:Montserrat,Verdana,sans-serif;border:2px solid #F0F5F9;min-width:100px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column:first-child .company-tbl-row-header-text{color:#3750DC;font-family:Montserrat,Verdana,sans-serif;font-size:14px;line-height:20px;font-weight:700;text-align:left}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column:last-child .money-company-tbl-column{border-right:4px solid #F0F5F9}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column:nth-child(2) .tbl-company-caption{margin:0;padding:0;width:100%}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column.header-column{display:flex;flex-direction:row}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .column-label-bg{position:relative;display:inline-flex;justify-content:center;align-items:center;width:100%;height:35px;text-align:center;color:#fff;background:#3750DC;text-decoration:none}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .column-label-bg:before{content:””;position:absolute;top:100%;right:0;width:50%;height:22px;background:linear-gradient(to right bottom, #3750DC 50%, transparent 50%)}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .column-label-bg:after{content:””;position:absolute;top:100%;left:0;width:51%;height:22px;background:linear-gradient(to left bottom, #3750DC 50%, transparent 50%)}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .company-tbl-row-header-text{display:flex;justify-content:flex-start;align-items:center;font-family:georgia,serif;font-size:14px;line-height:20px;font-weight:400;text-align:left;width:100%;margin:10px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .company-tbl-row-header-text p{font-size:14px;margin:0;padding:0;line-height:unset;text-align:left}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-detail{display:flex;flex-direction:column;justify-content:center;align-items:center;text-decoration:none;margin:15px 0 0 0;padding:0 10px 0 10px;cursor:pointer}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-caption{display:flex;justify-content:center;align-items:flex-start;color:#3750DC;font-size:14px;line-height:18px;font-weight:700;text-align:center;margin:0;padding:10px 10px;height:50px;box-sizing:border-box;width:100%}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-caption .top-bg-wrapper{display:flex;flex-direction:column;width:100%}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-caption .top-label-rect-bg{position:relative;display:flex;align-items:center;justify-content:center;color:#fff;background:#3750DC;padding:8px;height:35px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-caption svg{position:relative;top:0;height:12px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-caption .toggle-arrow{display:none}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-logo{display:flex;justify-content:center;align-items:center;height:120px;margin:16px 0 27px 0}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-logo img{max-width:120px;max-height:120px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-name{display:flex;justify-content:center;align-items:flex-start;color:#01003C;font-size:14px;line-height:18px;font-weight:700;text-align:center;margin:0 0 6px 0;height:35px}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-company-partner{display:flex;justify-content:center;align-items:flex-start;color:#9AAAB9;font-size:14px;line-height:18px;font-weight:400;text-align:center;width:100%}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-site-btn{display:flex;align-items:center;justify-content:center;color:#fff;font-size:12px;line-height:20px;font-weight:700;text-transform:uppercase;text-decoration:none;text-align:center;background:#FF7D32;border-radius:50px;padding:10px 15px;margin:24px 0 40px 0;max-width:120px;cursor:pointer}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows .money-company-tbl-column .tbl-site-btn:hover{color:#fff;background-color:#FF6321}@media (max-width: 768px){#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 table{display:none}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2 .money-company-tbl-rows{display:flex}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column{font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:first-child .company-tbl-row-header-text{color:#085DAD}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:nth-child(2) .tbl-company-caption .top-label-rect-bg{background:#112746}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:nth-child(2) .tbl-company-caption .column-label-bg{background:#112746}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:nth-child(2) .tbl-company-caption .column-label-bg:before{background:linear-gradient(to right bottom, #112746 50%, transparent 50%)}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column:nth-child(2) .tbl-company-caption .column-label-bg:after{background:linear-gradient(to left bottom, #112746 50%, transparent 50%)}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .tbl-company-caption{font-family:Raleway,sans-serif;color:#085DAD;box-sizing:border-box}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .tbl-company-detail{font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .company-tbl-row-header-text{font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .company-tbl-row-header-text p{font-family:Muli,sans-serif}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .tbl-company-headers.mobile .tbl-company-header-item .company-tbl-row-header-label{color:#085DAD}#ap21261-w-money-company-table2-container #ap21261-w-money-company-table2.gfc .money-company-tbl-rows .money-company-tbl-row .money-company-tbl-column .tbl-company-headers.mobile .tbl-company-header-item .company-tbl-row-header-text{font-family:Muli,sans-serif;color:#01003C}#ap21261-w-money-company-table2-container

[ad_1] Wow, this is such a great deal on Sperry Shoes!! Sperry is running a $49.99 Flash Sale on select styles of shoes right now! Just use code FLASH49 at checkout to get any of the shoes on this page for $49.99 shipped! This is such a great price for Sperry Shoes, especially since this sale includes many pricier boat shoe styles that are originally $90+. Choose from almost 100 different styles for men and women. Shipping is free on all orders, no minimum. [ad_2] Source link

[ad_1] Soccer-Boehly-led consortium wins bid to take over Chelsea [ad_2] Source link

[ad_1] Pacer Daniel Sams displayed ice-cool temperament as he conceded just three runs in the last over to help Mumbai Indians pull off a stunning five-run victory over table-toppers Gujarat Titans in an IPL game on Saturday. MI were seemingly down and out with the Titans’ opening pair of Wriddhiman Saha (55 off 40 balls) and Shubman Gill (52 off 36 balls) sharing a 106-run partnership in 12.1 overs while chasing 178. However, the Titans kept losing wickets, including two crucial run-outs as they required nine runs in the last over to win the match. They could score just three, while losing one wicket to slump to their second successive defeat in the season. For MI, who were already out of contention for a play-off berth, it was only their second win of the season as they remained at the bottom. Opting to bowl, Gujarat restricted MI to 177 for six, despite quickfire innings from opening pair of Rohit Sharma (43 off 28 balls) and Ishan Kishan (45 off 29 balls) and Tim David (44 not out off 21 balls). Rashid Khan was the most successful bowler for the Titans with his two wickets for 24, while Pradeep Sangwan and Lockie Ferguson got one each. Alzarri Joseph also took a wicket but he bled 41 runs in his four overs. Chasing 178, Saha looked in full flow as he cracked two fours and a six off Jasprit Bumrah’s first over, before smashing Riley Meredith for two boundaries. Shubman Gill slog-swept Murugan Ashwin for a six, before picking up another four as the fifty-run stand came up in quick time, taking the Titans to 54 for one in six overs. The Chandigarh batter exploded in the eighth over with three boundaries off Daniel Sams, who had bowled a briliant opening over. Kumar Kartikeya was next in line as he yielded 15 runs with Saha smashing his first ball for a four and Gill producing a clean hit over long off before slog-sweeeping the bowler for another four. Soon, 100 was up in 11 overs with Saha also completing his fifty. Gill too joined him as his single off Pollard took him to a 33-ball half-century. Both Saha and Gill smashed six boundaries and two maximums each. A bizzare hit wicket ended Sai Sudharsan’s (14) innings, while Hardik Pandya (24) fall short after going for an unnecessary single. Needing 20 off last two overs, Miller deposited Bumrah over deep mid-wicket but the Titans couldn’t score nine of the last over lose the match. Earlier, invited to bat, Rohit seemed to be in good touch after a series of low scores as he took the early initiative, dominating the proceedings with his strokeplay as Kishan played the second fiddle. The MI skipper was particularly harsh on Joseph as he smashed the bowler for four boundaries and a six, while Kishan joined the party in the fifth over, slamming Rashid Khan for a couple of fours to bring up their 50-run partnership. Rohit then hit Lockie Ferguson for a four as MI posted 63 for no loss, their best in the powerplay this season. Rashid produced the breakthrough in the eighth over, removing the dangerous Rohit, who was trapped in front while looking to play a reverse shot. Kishan then took over, dancing down the pitch to send Rahul Tewatia over mid-wicket. Suryakumar Yadav produced his trademark whip for a maximum but perished in his next attempt off Pradeep Sangwan. Back into the attack, Joseph then struck with a slower delivery which Kishan ended up sending to Rashid at mid-wicket as MI slipped to 111 for 3 in 12 overs. Kieron Pollard lived dangerously with Sangwan and Ferguson bowling two quiet overs and was eventually cleaned up by Rashid, who set up the West Indian with two googlies. MI thus seemed to have frittered away the solid start but Tilak Verma (21) and Tim David then tried to put together a partnership with the latter launching Mohammed Shami for two fours at mid-off and long leg respectively. Varma was run-out with Hardik Pandya producing a direct throw, while Daniel Sams too perished with a second-ball duck. However, David smacked Shami for two maximums in the last over to take the team past 170-run mark. [ad_2] Source link

[ad_1] In an effort to counter margin compression and satisfy a new generation of homebuyers, lenders are looking to offer loan options that better fit the average borrower. HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market.   HousingWire: In today’s tight market, margin compression is impacting countless mortgage companies. How can adding non-QM loan options help lenders make up for potential profit loss? John Keratsis: Several pressure points are going on that affect lender profitability today. First, it is true that margins continue to be compressed in the conforming market primarily due to rising rates and increased financing costs. You also have a mortgage market shrinking from $4.1 trillion down to $2 trillion (by some estimations) due to the decline in refinances. Then, as originators pivot away from refis to the purchase market, you still have more demand than supply for housing. Lastly, compounding the demand, the Millennial cohort, the largest generational population of all time, is entering their first home buying years. Lenders can’t significantly impact the historically low inventory. So instead, they must find a way to win a greater share of borrowers. That’s what adding Non-QM does.  Suddenly the lender has relevant products for homebuyers they couldn’t serve before: the self-employed, business owners and entrepreneurs of all kinds. These groups represent a growing population of credit-worthy borrowers with strong FICO scores looking to buy the same properties as those who qualify for a traditional loan.  Higher loan limits also provide greater flexibility in higher priced markets. Offering non-QM enhances the chances of a lender providing the mortgage.  HW: While non-QM loans have historically only accounted for a small portion of the mortgage market, industry experts expect to see significant growth in non-QM lending in 2022 and beyond. What are the contributing factors behind this seemingly sudden increase in demand for non-QM? JK: It really starts with forced awareness caused by the circumstances we just discussed. All of a sudden, you have loan officers and brokers out there hearing what the market is demanding. Whatever their clients are asking for, they must try and accommodate them as quickly as possible. In addition to our popular bank statement loans, DSCR loans are also seeing a high demand for those getting into the rehab and rental markets. These products have been around for a long time. There’s just a much higher awareness of them now.  As borrowers self educate and become more aware of the options open to them, as non-QM becomes more mainstream, the demand continues to rise accordingly. HW: How can Deephaven help prepare lenders and originators to add Non-QM products to their loan offerings? JK: First, by making sure they understand the borrower profile and product set and how it’s differentiated. Next, it’s up to us to make them comfortable with the idea of offering something new. And the only way to do that is to help them every step of the way.  Yes, we offer training and webinars. We have online tools that make it easier to submit applications and expedite response times. We have a scenario desk ready to recommend the right product. We have in-house underwriters. Not only do they have the ability to make common sense decisions and exceptions quickly, they’re just down the hall from the account executive if an LO or broker has a question.  The technology is excellent and has significantly streamlined our communications and processing. But there’s no substitute for hands-on, ‘there for you’ guidance that lets new non-QM brokers and LOs learn as they go during actual transactions. Especially at the beginning.  Of course, guidance is only as good as the people providing it. Deephaven has been doing non-QM since 2012. Our underwriters, operations and account service teams are among the most experienced in the non-QM space.  We’ve been through the evolution and growth of non-QM since the beginning and have a book of business that is in the billions. We are well positioned to continue to scale as the market expands. Learn more about the experts in non-QM and the services they offer at www.deephavenmortgage.com. The post How lenders can navigate a shifting market with non-QM loan options appeared first on HousingWire. [ad_2] Source link

[ad_1] The post How to Protect Against Inflation on Your Financial Freedom Journey appeared first on Millennial Money. We’ve all heard at least one corny joke about rising inflation: “Inflation has turned the Dollar Tree into the Dollar Twenty-Five Tree.” “Gas prices are higher than Snoop Dogg.” “Inflation is out of control, but that’s just my 3 cents.”  These jokes are awful. But as Sheldon Cooper from The Big Bang Theory would say, “It’s funny because it’s true.”  The Dollar Tree now sells most items for $1.25. And gas prices are climbing higher. But as investors, how do we protect ourselves against inflation? In this guide, I’ll share some ways to battle rising prices while protecting your financial assets.  Table of contents What Is Inflation? What Caused Our Current High Inflation? Investments to Protect Against Inflation Gold TIPS Real Estate What About Investing in Stocks? Managing Market Volatility How Can You Fight the Effects of Inflation in Your Daily Life? The Bottom Line What Is Inflation? For those who aren’t familiar with inflation, let’s talk about it for a minute. Inflation is when the price of something steadily increases and your purchasing power decreases.  Or, as my mother would say, it’s when groceries get expensive again.  There are several types of inflation, including: Demand-pull inflation: caused by demand outpacing supply Built-in inflation: caused by demand for higher wages Cost-push inflation: caused by increased prices for goods when there’s no alternative Hyperinflation: caused by out-of-control inflation; prices rise more than 50% per month Inflation is tracked by the Consumer Price Index, or CPI. The Consumer Price Index monitors the prices of goods and services.  Typically, you’ll see a month’s CPI reading measured against the CPI reading for the same month in the prior year. So the reading of 8% inflation in February 2022 meant that prices in the CPI were 8% higher that month than they were in February 2021. Although a little bit of inflation is a good thing because it indicates a healthy economy, inflation gone wild is bad. That’s because it means your hard-earned dollars don’t go as far as they did. That can erode your investing gains. Typically, inflation increases about 2% per year. But recently, that rate has more than quadrupled.  The CPI shows that, in March 2022, inflation rose 8.5% year over year. That’s the largest one-year rise since the 1980s. What Caused Our Current High Inflation? In the current case, the high inflationary rate was caused by a series of events triggered by COVID. As early as 2019, factories in Asia shut down due to skyrocketing COVID case counts. That caused a tighter supply of components and goods — especially in the technology industry. But then COVID hit the rest of the world and drove demand for components and goods way up! For example, people stuck at home drove up demand for new TVs, laptops, and video game consoles to help them work remotely and keep from going stir crazy. That supply/demand imbalance helped prices increase, tripping off inflation. Of course, there are several other factors that have helped spur on inflation, too. Bad weather and poor harvests, labor shortages, and the geopolitical crisis in Ukraine have all played a role in our current high prices. How Long Will Inflation Continue to Rise? There’s no way to know for certain how long inflation rates will continue to rise. The U.S. central bank — the Federal Reserve — has stepped in and started raising interest rates in an effort to quell higher inflation. But some critics think their efforts have been too little, too late. Many economists now expect the current high inflationary period to last at least into 2023. Investments to Protect Against Inflation There are several ways smart investors can not only protect against inflation but also profit at the same time. Let’s review a few asset classes that have a history of performing well during inflationary times. Gold Many longtime investors will tell you that gold is the best hedge against inflation. That may not be exactly the case.  However, gold tends to hold its value, no matter what’s going on in the stock market. That’s because it’s a real asset — you can hold a bar of gold in your hand (although it’s heavy!). There are several ways to own gold. You can buy actual items made from the precious metal and bury coins in the backyard a la your crazy uncle. But you can also invest in gold through exchange-traded funds (ETFs) such as the SPDR Gold Shares ETF. You can also buy gold mining stocks. TIPS “TIPS” stands for “Treasury inflation-protected securities.” These are U.S. Treasury bonds designed specifically to protect investors against inflation. That’s because the principal of each TIPS increases with inflation as measured by the CPI. The higher the inflationary rate, the more you’ll get paid when the TIPS makes its semi annual payout. Real Estate Historically, real estate has been a great hedge against inflation. That’s because, as the inflationary rate rises, so do property values. If you’re a landlord, it means you can charge more for rent. And if you’re looking to sell a property for profit, you can usually charge more for it. However, keep in mind that real estate transactions themselves can be costly — there are plenty of fees you’ll have to pay. That said, if you’ve done the math and it works out in your favor, real estate can be a rewarding investment in many ways. RealtyMogul RealtyMogul is a leading real estate crowdfunding platform. It’s one of the longest-running and most widely respected platforms on the market. Start Investing in Real Estate What About Investing in Stocks? Although some investors avoid stocks during periods of high inflation, that’s not necessarily a wise move. Some kinds of stocks actually do quite well in inflationary times.  Now, one type of stock to avoid during inflation is growth stocks. These are stocks whose valuations are based more on a company’s promise,

[ad_1] I spent some time the past few days reviewing my goals for 2022 and was so thrilled with the progress I made in April! Here’s an update on each goal: Myself 1. Go through 5 She Reads Truth studies for the year. (I’ve been loving going through these studies again this past year, but I realized that it’s better for me to go through much more slowly than what they designate the pace should be. I usually take 2-4 days on each day and that’s worked out well for me so that I’m really soaking the verses and learning from the passages.) April update: So far this year, I’ve finished the Old Testament study, the New Testament study, I finished the Do Not Fear study in April. I’m doing the One Another study in May. 2. Finish at least 4 books a month. (Last year, I set the audacious goal of reading three books per week. I ended up falling very short of that. So this year, I decided to set a much more realistic goal. I hope to exceed this goal by a lot, but we’ll see! And if you missed it, I’m setting monthly goals instead of yearly goals for reading — and I’m really excited about this approach!) April update: I finished 9 books in January, 6 books in February, 9 books in March, and 4 books in April — yay! You can see all my book review posts here. 3. Complete at least 1 craft per month. (I plan to use some of the craft kits that I’ve gotten from Annie’s Creative Girls’ Club and Annie’s Creative Woman Craft Club. Since so many of you purchased the fantastic deals I posted from them, they signed me up for both subscriptions as a thank you! While crafting is not something I’m really gifted at, I find that it is relaxing for me and something that challenges creative parts of my brain that I don’t use very often!) April update: I made stacking bracelets in January, a pillow in February, another stacking bracelets kit in March, and an Easter craft in April (that a follower sent to me). Motherhood 4. Have a monthly date with each of the three older kids. (I’m planning on having the kids help me decide what they’d like to do each month. I love hanging out with my kids and I cherish our time together even more as they get older.) April update: I took Kathrynne and Kaitlynn out to get our nails done before their prom and Silas and I went to my ultrasound appointment together. 5. Read 10 chapter books aloud to Kierstyn and Baby D. (I’ve been reading a Bible story from The Jesus Storybook Bible and a chapter from a read-aloud book each afternoon before their naps. While they are little and much of it is over their heads, I love to establish this habit when my kids are tiny so that it becomes an important part of their family culture for the most formative years of their life. Plus, it’s fun for me!) April update: So far this year we’ve finished The Jesus Storybook Bible and Little House in the Big Woods and we’re currently reading The Imagination Station book #3. Marriage 6. Have a monthly date with Jesse. (While we hope to occasionally get an actual date night out, with multiple little kids, we want to be realistic… so we plan to at least do one Date Night in a Box kit at home every month — even if we can’t get out for a real date every month). April update: Jesse and I went to a dinner together for Tennessee Alliance for Kids. MoneySavingMom 7. Finish my next book draft. (The first draft is due to my publisher mid-February. Then, we’ll be going through multiple rounds of edits before it goes to the printers. It’s slated to release in spring 2023!) April update: I turned in my book draft in February, met with my editor in March about edits, and turned in the first big round of edits in April!!! [ad_2] Source link

[ad_1] Yelp, other companies take stance on abortion rights with travel benefit [ad_2] Source link