News

[ad_1] Prime Minister Narendra Modi is visiting Ferozpur in poll-bound Punjab today where he will be laying foundation stone of multiple development projects worth over Rs 42,750 crore. These projects include Delhi-Amritsar-Katra Expressway, PGI Satellite Centre at Ferozepur and two new medical colleges at Kapurthala  and Hoshiarpur, the PMO said in a statement. On Tuesday, Uttar Pradesh Chief Minister Yogi Adityanath termed the Samajwadi Party as the “followers of Kansa”, not Lord Krishna and said that they should fear the latter for giving birth to unscrupulous elements like ‘Kans’ and for burning the state in the fire of hatred. [ad_2] Source link

[ad_1] With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexibility to transfer points between cards. Find your next credit card.What kind of credit card are you looking for? Get matched with the best cards for you in under 2 minutes at ratehub.ca. Let’s get started. I want to earn rewardsI want to pay low interest You will be leaving MoneySense. Just close the tab to return. The card you choose should be based on the type of travel you enjoy, how you use your credit card (and on what purchases) and which additional travel benefits fit your lifestyle. To help you pick the perfect card, we’ve come up with a list of Canada’s best travel credit cards. The best travel credit cards in Canada 2022 Card Rewards Annual fee Scotiabank Gold American Express (get more details)* 5 pts/$1 on groceries, dining & entertainment 3 pts/$1 on gas, transit & streaming services 1 pt/$1 on everything else 1 pt = 1% in travel rewards $120   American Express Cobalt (get more details)* 5 pts/$1 on groceries & dining 2 pts/$1 on travel, gas & transit 1 pt/$1 on everything else 1 pt = 1% / up to 1.75% in travel rewards $155.88 MBNA Rewards Platinum Plus (get more details)* 2 pts/$1 on groceries & dining‡ 1 pt/$1 on everything else 1 pt = 1% in travel rewards $0 TD First Class Visa Infinite (get more details)* 9 pts/$1 on travel (via Expedia For TD) 3 pts/$1 on everything else 1 pt = 0.5% in travel rewards $120 BMO Eclipse Visa Infinite (get more details)* 5 pts/$1 on groceries, dining, gas & daily transit 1 pt/$1 on everything else 1 pt = 0.71% in travel rewards $120 BMO World Elite Mastercard (get more details)* 3 pts/$1 on travel, dining, and entertainment 2 pts/$1 on everything else 1 pt = 0.71% in travel rewards Airport lounge access $150 TD Aeroplan Visa Infinite (get more details)* 1.5 pts/$1 on groceries, gas & Air Canada 1 pt/$1 on everything else Point values vary $139 Show more cards Card Rewards / Features Annual fee RBC WestJet World Elite (get more details) 2% on WestJet purchases 1.5% on everything else $119 Scotiabank Passport Visa Infinite (get more details)* 2 pts/$1 on groceries, dining, entertainment & transit 1 pt/$1 on everything else 1 pt = 1% in travel rewards Airport lounge access No foreign exchange fees $139 MBNA Rewards World Elite (get more details)* 5 pts/$1 on restaurant, grocery, digital media, membership and household utility purchases ($50,000 annual max) 1 pt/$1 on all other eligible purchases $120 Marriott Bonvoy American Express (get more details)* 5 pts/$1 at 30 major hotel brands 2 pts/$1 on everything else Point values vary $120 National Bank World Elite (get more details)* Up to 2 pts/$1 on everything Comprehensive travel insurance 1 pt = 1% in travel rewards $150 ‡ On the first $500 spent per month ‡$5,000 annual spending cap on each category Best travel rewards credit cards for everyday spending Scotiabank Gold American Express* This card makes it easy to earn a ton of points on everyday purchases. In the top tier, groceries, entertainment and dining earn 5 Scotia Rewards points per $1. Gas, public transit and streaming services earn 3 points per $1. And everything else earns 1 point on the $1. This card works in the Scotia Rewards environment, a flexible program that allows cardholders to collect points toward travel, merchandise or even a cash credit on their account. While all these choices are terrific, this card is best known for how it helps Canadians travel. Cardholders can book their travel on any airline either through the Scotia Rewards Travel portal or on a different site where applied points will result in a statement credit. In both cases, 5,000 points are worth $50 in travel. And there’s no foreign currency conversion fee—this will automatically save you the 2.5% to 3% that most cards automatically charge on purchases abroad.  The Scotiabank Gold American Express offers travel insurance that covers you for up to 25 days per trip (3 days for seniors), and the card entitles you to access presale concert tickets with American Express Front Of The Line service. Annual fee: $120 (waived first year) Welcome bonus: You can earn up to 40,000 Scene and travel points by spending $1,000 in everyday purchases in the first 3 months. You can also earn an additional 20,000 points when you spend $7,500 in everyday purchases in your first year. Apply by January 1 2022. Earn rate: 5 points per $1 on dining, groceries and entertainment; 3 points per $1 on public transit, gas and selected streaming services; and 1 point per $1 for all other purchases Income requirement: $12,000 Our favourite features: Big points bonuses on dining and groceries; no foreign transaction fees; a flexible points program Additional benefits: No foreign transaction fees; American Express Invites; discount on Priority Pass Lounge Access  Travel insurance: Coverage includes travel emergency medical trip cancellation/trip interruption; flight delay; delayed and lost baggage; travel accident and more Get more details about the Scotiabank Gold American Express* Also consider: American Express Cobalt* With an incredible earn rate of 5 points per $1 spent on food and drinks, the American Express Cobalt card is a winner for those who eat out—and the dining category is quite generous as it includes grocery stores, restaurants, bars and even food delivery services. Getting 2 points per $1 spent on travel is no joke, either. Travel typically refers to just flights, hotels and vacation packages, but with this card, it also covers gas, public transportation, taxis and Uber trips. For frequent flyers who are always on the move, this

[ad_1] Pinecone Research is open to applicants again! But hurry — spots always fill up quickly each month. {Psst! Be sure to check out these other ways to save and make money at home right now!} Earn Money With Pinecone Research Pinecone Research has some openings available for new applicants! If you’ve tried in the past and haven’t been able to get in, definitely try again! They open their doors to more of a general population for a limited time at the beginning of each month. Hurry — they typically only leave their doors open for a day or two! (But if you don’t get accepted this month, be sure to check back next month to try again. Sometimes it takes a few tries!) Pinecone Research is one of my very favorite survey companies and one that I found offered the most surveys for the best pay. Our readers LOVE it and have had great experiences with it, too, as you can see from the testimonial above! You’re not going to get rich taking surveys, but you can earn a nice little stream of income from it. Apply here to get started. Looking for more opportunities to make money from home? See my list of recommended survey companies here. [ad_2] Source link

[ad_1] North Korea fires suspected missile as S.Korea breaks ground for 'peace' railway [ad_2] Source link

[ad_1] Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets continued their upward march on Tuesday. S&P BSE Sensex is currently placed at 59,855, gaining 672 points or 1.14% while the NSE Nifty 50 index is at 17,805. Ahead of Wednesday’s trade SGX Nifty was down in red, hinting at a gap-down start to the day’s trade. Cues from global peers were mixed during the early hours of the day after Wall Street equity indices ended mixed. Dow Jones closed with gains while NASDAQ was in the red and S&P 500 ended flat. Among Asian stock markets, TOPIX and Nikkei 225 were up in green while other major indices were in the red. Kishore Biyani’s Future Group companies faces a major setback on Tuesday as the Delhi High Court dismissed their plea seeking to quash the ongoing arbitration proceedings in Singapore with Amazon. The case relates to the Rs 24,500-crore merger deal with Mukesh Ambai’s Reliance Retail. In its order the Delhi High Court said that that it’s not for the court to interfere with the scheduling of the arbitration proceedings as sought by Future Group. Amazon and Future Group have been fighting a battle in the legal corridors for more than a year now after the latter moved to sell its retail assets to Reliance Retail. [ad_2] Source link

[ad_1] Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9 million. That was the start for the nonbank lender, which dominates the nation’s wholesale mortgage lending sector with an estimated 33.5% share of the market as of 2020, according to Kroll Bond Rating Agency (KBRA), which reviewed all the lender’s private-label transactions in 2021. In total, UWM, through its conduit UWM Mortgage Trust, sponsored seven securitization deals last year involving nearly 9,500 loans valued in total at $3.9 billion. That’s a strong start for a new issuer. “A robust market in the [private-label] world is a big deal for a strong mortgage market,” said UWM President and CEO Mat Ishbia in a Facebook video posted this past summer as his company was revving up its private-label deal-making machinery. “… We see that really good in 2021, and it [the private-label market] is going to get even bigger, we think, in 2022.” KBRA seems to think so as well. The bond-rating agency projects the residential mortgage-backed securities (RMBS) market, defined as all post-financial crisis prime, non-prime and credit-risk transfer transactions, will exceed $115 billion in volume for 2021 when the final tally comes in. That’s more than twice the mark recorded in 2020 and nearly double the $60 billion in private-label volume recorded in 2019, prior to the pandemic. For the year ahead, KBRA’s market-projection report forecasts $132 billion in RMBS deal volume, which is a nearly 15% year-over-year increase from 2021. UWM is riding that wave. In 2021, two of its seven private-label issuances involved jumbo loans with a combined value of $1.2 billion, while the other five involved agency-eligible investment-property loans with an aggregate value of $2.7 billion. Across all seven deals, between 47% to 54% of the mortgages were originated in California, and between 17% to 22% of all the mortgages in the securitized loan pools were originated in the Los Angeles metro area, according to KBRA bond-rating reports. “Non-conforming and agency high-balance conforming prime mortgages are frequently originated in regions of the country with high home prices,” KBRA states in its review of UWM’s most recent private-label offering, a deal unveiled in December 2021 backed by jumbo loans. “As a result, the geographic concentration of pools of jumbo loans tends to be more meaningful, with significant exposure to assets located in the state of California as well as a number of other major metropolitan areas.” The KBRA presale report also noted that concentrations of mortgages at the metro-area level, such as Los Angeles, “can expose a transaction to larger impact from regional economic effects or natural disasters relative to more nationally diverse pools.” That reality led KBRA to adjust its expected-loss (EL) model in the range of 18 to 57 basis points for three of UWM’s deals — each of the lender’s jumbo private-label transactions and one securitization backed by investment properties. Still, even in those transactions, the underlying collateral appears solid, with the average credit scores of the borrowers above 760 and the average debt-to-income ratio ranging from 64.4% to 72% across the three deals in a market with fast-rising home prices. With respect to the high number of jumbo loans originated in California, Rick Sharga, executive vice president of marketing for real-estate research firm RealtyTrac, points out that “the perceived risk of that kind of concentration is offset a little bit by the nature of the borrowers and probably the loans themselves.” “Most of the buyers are move-up buyers, and if you’re moving up to buy the property, you’re tapping into the equity from the property you’re selling, which is also going up in value 20% [year-over-year],” he added. “I don’t think we’re seeing a lot of 3%- or 5%-down mortgages on those higher-priced homes. … If you if you look at home sales in California, virtually nothing is being sold at the low end of the market.” UWM officials did not reply to a request for comment for this story. The road ahead for UWM and other issuers in the nation’s evolving private-label market will not be free of some sharp turns and obstacles, however, even if that road does lead upward. Much of the private-label deal activity in 2021 was driven by jumbo-loan and investment-property mortgages that did not go the route of agency securitizations through Fannie Mae and Freddie Mac. Rising interest rates, coupled with increased agency loan limits and the Federal Housing Finance Agency’s decision to suspend a temporary agency cap on the purchase of investment-property mortgages are expected to be a drag on the growth of the private-label market in the year ahead. All three factors will reduce the number of jumbo loans and investment property mortgages that can be securitized through the private-label market. The Federal Reserve is increasing the pace of its bond tapering in the months ahead, including reducing its purchases of mortgage-backed securities. It also is planning up to three bumps in the benchmark interest rate in the year ahead. That upward pressure on rates is also expected to put upward pressure on 30-year fixed rates, depressing the housing-refinance market. “It is still expected that [jumbo] RMBS issuance will start to slow in the coming months as rates rise and supply wanes,” states a December market report by digital-mortgage exchange MAXEX. “…We continue to think that issuance [of RMBS backed by investment properties also] will subside in 2022 as originators sell many of these loans back to the agencies.”  Non-QM sector poised for explosive growth The one pocket of the mortgage market that is expected to see explosive growth over the next few years, however, is the so-called non-QM sector. Non-QM mortgages include loans that cannot command a government, or “agency,” stamp through Fannie Mae or Freddie Mac.  Non-QM loans typically make use of alternative-income documentation — and loan terms, such as interest-only options — because borrowers cannot rely on conventional payroll records or otherwise fall outside agency credit guidelines. The pool of non-QM borrowers includes

[ad_1] If you’re looking for a card that delivers top rewards without an annual fee, look no further. In exchange for slightly lower earn rates, these no-annual-fee cards still get you perks on what you spend. So whether it’s cash back that you want, no foreign transaction fees or generous travel points, these no-fee credit cards offer gold-plated options. Find your next credit card.What kind of credit card are you looking for? Get matched with the best cards for you in under 2 minutes at ratehub.ca. Let’s get started. I want to earn rewardsI want to pay low interest You will be leaving MoneySense. Just close the tab to return. The best no-fee credit cards in Canada 2022 Card Best for Rewards / Feature Tangerine Money-Back (get more details)*   Cash back 2% in up to 3 categories of your choice 0.5% on everything else AMEX SimplyCash (get more details)* Flat-rate 1.25% cash back on everything Brim Mastercard (get more details)* No FX fees 1 pt/$1 on everyday purchases No FX fees Bonus points at eligible retailers 1 pt = 1% in cash back MBNA Rewards Platinum Plus Mastercard (get more details)* Travel 2 pts/$1 on groceries & dining1 1 pt/$1 on everything else 1 pt = 1 cent in travel rewards MBNA True Line (get more details)* Low APR 12.99% purchase interest rate BMO CashBack Mastercard (get more details)* Groceries 3% cash back on groceries2 1% on recurring bills2 0.5% on everything else PC Financial World Elite (get more details)* Retail rewards 45 pts/$1 at Shoppers Drug Mart 30 pts/$1 at PC affiliate stores 30 pts per litre at Esso/Mobil 10 pts/$1 on everything else 10 pts = 1 cent in store credit Triangle Mastercard (get more details)* Retail rewards 4% in CTM Money at Canadian Tire, Mark’s & Sport Check 1.5% at most grocery stores3 5c per litre CTM at Gas+ and Husky 0.5% on everything else Home Trust Secured Visa (get more details)* Rebuilding credit Virtually guaranteed approval Min $500 deposit Rogers World Elite (get more details) Honourable mention 3% cash back on USD purchases 1.5% on everything else 1 On the first $5,000 spent annually per category 2 On the first $500 per month Best card for cash back Tangerine Money-Back Credit Card* With its competitive cash back and flexible spending categories, the Tangerine Money-Back Mastercard serves up a sweet deal. Cardholders automatically get 2% back on purchases in two spending categories, with a third category made available when they set up an automatic rewards deposit into a Tangerine Saving Account, which also doesn’t have any fees. All other spending earns 0.5%. This means 2% cash back is available on purchases in up to three of the following categories: Groceries, restaurants, gas, drug stores, recurring bill payments, entertainment, public transit and parking, furniture, home improvement, and hotel and motel stays. While this card offers only minimal perks like purchase assurance and extended warranty, it does allow you unlimited cash back, unlike many other cards that cap your rebates. If you meet the $60,000 annual income requirement you’ll automatically be considered for the Tangerine World Mastercard, which comes with additional perks such as mobile device and rental car insurance. Welcome offer: Earn 15% cash back (up to $150) when you spend $1,000 on everyday purchases within the first 2 months of having the card. Must apply before January 31, 2022. Earn rate: 2% cash back in up to 3 spending categories of your choice from 10 different options; and 0.5% on all other purchases; cash back can be applied monthly, either to your credit card balance or deposited into your savings account Income requirement: $12,000 Additional benefits: Purchase protection and extended warranties Get more details about the Tangerine Money-Back Credit Card* Best no fee flat-rate cash back card SimplyCash Card from American Express* These days, many cash back cards offer attractive welcome bonuses, but once the promotion is over, the core card fails to impress. Its regular earn rate is 1.25% (impressive welcome offer is outlined below). While some cards complicate things by breaking down their rewards into spend categories, the SimplyCash lets you earn equally across categories—and, there is no limit to the cash you can earn back at the regular rate. Earn more by referring a friend—you can receive $100 in thanks each time, up to 15 friends. The SimplyCash American Express includes shopping and travel protections, including $100,000 in travel accident protection, buyer’s assurance and purchase protection. And cardholders are automatically enrolled in American Express Invites, giving them access to premium entertainment options. Welcome offer: Get a welcome bonus of 4% cash back in the first 6 months (up to $200 cash back) Earn rate: Get 1.25% cash back on all purchases regardless of purchase category (after the welcome bonus ends). Plus, no limit on the amount of cash back you can earn; Get $100 cash back for each approved referral up to a maximum annual referral bonus of $1,500 Additional benefits: Access to virtual events and special offers with American Express Experiences Get more details about the SimplyCash Card*   Best card for no foreign transaction fees Brim Financial Mastercard* You may already know this from your own credit card statements: Most credit cards charge a 2.5% foreign transaction fee (FX) when making purchases in a non-Canadian currency—and that’s on top of the exchange rate. Brim Financial Mastercard is one of the few credit cards that completely waives this fee. Plus, the Brim Mastercard earns 1 point per $1 on all everyday purchases. The Brim Rewards system effectively works like a cash back program. And the points are redeemable in increments of 100 for $1, or 1%. Cardholders can even earn a higher rate at more than 200 merchants and Brim partners, such as 4% at Microsoft and Nike. It also comes with up to $500 in mobile device insurance and a free Boingo wi-fi membership.  This is an ideal card for anyone who regularly shops online at American or other foreign

[ad_1] We’ve been keeping a secret for 11 weeks — I’m 15 weeks pregnant!!!! Yes, this news was possibly even more shocking than when we found out I was pregnant with Kierstyn after 10 years of infertility! In fact, we were so surprised, we waited a full week to tell our kids — which, if you know Jesse and me well, you know we can’t keep secrets from our kids! We found out I was pregnant right after saying yes to adopting Baby D… who we thought was going to our family’s caboose! But God definitely had different plans and we just had laugh at the timing of it all! We also have to marvel at how we went from grieving the loss of being told that we’d never be able to have more kids a few years ago (not even through IVF) to now prepping for having 3 littles with the oldest being barely 2 years old! Oh and at 40 and 41 years old! Only God! We are all thrilled and excited with this very unexpected news and how God is writing a story here that is so different than what we could have ever dreamed or imagined! I’m slowly coming back to life after 9 weeks or so of the usual morning-noon-and-night sickness and extreme exhaustion. If you’ve noticed I’ve not been sharing as much here and not sharing food/cooking/recipes or videos with my face much on Instagram stories, now you know why! For all the details on how we found out, how we told our kids, and more, be sure to listen to today’s podcast episode below (the link is below) Want more details on my pregnancy? I’m sharing more and answering your questions over on Instagram today. Note: I know that this news will be really hard for some of you to hear. You’d give anything to be pregnant and hearing another pregnancy announcement feels like a gut-punch. I want you to know you’ve been heavy on my heart and I’ve been praying specifically for you. I also want you to know that you have my full permission to unfollow or mute my social media accounts for awhile — whatever you need to do, please do it and know I will fully support you in that. In This Episode [00:34] – Welcome to another episode of The Crystal Paine Show. [01:28] – Our infertility journey. [05:06] – The surprise of saying yes to adopting Baby D. [06:54] – After saying yes to Baby D, we felt done and complete. [09:27] – My reaction to the pregnancy test results. [12:00] – Jesse explains how we shared the news with the kids. [15:50] – We didn’t really tell any of our other close friends or our family for a while. Here’s why… [20:40] – My heart has been heavy for those experiencing infertility and loss. [ad_2] Source link

[ad_1] Macy's shortens store hours as COVID-19 cases surge [ad_2] Source link

[ad_1] Darjeeling tea, the flag-bearer of Indian tea and one of the most popular tea varieties globally, is staring at extinction. Production of Darjeeling tea has shrunk to 6.19 million kg in 2021, the lowest on record, according to the data provided by the Tea Board. Although a 0.63-million kg rise in production happened in 2020, there has been a 50% drop compared with the region’s average production capability, tea industry sources said. Darjeeling produced 6.39 million kg in 2019. Political agitation, Covid-19 pandemic, erratic weather conditions, unviable plantations, increasing cost of production have led to the fall of Darjeeling variety. Further, quality was compromised with many planters plucking earlier then the due time for want of cash. A good first flush crop fetches 35% of Darjeeling tea’s entire year revenue. November production or the season’s last production was down at 0.35 million kg against 0.59 million kg during the same period last year. Speaking to FE, Atul Asthana, CEO of Goodricke Tea, production in Darjeeling has been shrinking since 2017. From a level of 10 million kg, it has touched to six million kg. The quality has also been deteriorated in the odd 87 operational tea gardens.“The existing bushes need uprooting and re-plantations urgently required. The cost of production in Darjeeling has touched Rs 700 a kg but prices both in international and domestic markets are not remunerative. Also, re-plantations cannot happen without government assistance but for the concerned ministry it might seem to be a very small matter for interference,” Asthana said.In 2021, the first flush Darjeeling production, producing the finest variety and plucked between March and April, was badly hit at 0.66 million kg against 1.28 million kg during the same period in 2019, for a prolonged dry spell. [ad_2] Source link