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[ad_1] New-age tech firms are are likely to enhance GDP growth and create jobs over the next decade, but need the ‘physical’ economy to rise in tandem [ad_2] Source link

[ad_1] Monday’s announcement that Alanna McCargo, senior advisor at the Department of Housing and Urban Development, is up for the nomination of Ginnie Mae president put a smile on the face of the mortgage industry. Fair housing organizations, trade groups, and former Ginnie Mae presidents all expressed relief that a qualified candidate has a solid chance to finally fill a role that has been sitting vacant since early 2017. Ginnie Mae backstopped roughly $2.1 trillion of mortgage-backed securities as of Aug. 31. The nomination potentially “gives Ginnie more of a plug into HUD and access to the leadership of the department,” said Ted Tozer, who served as Ginnie Mae president from 2010 to 2017 and departed shortly before President Trump took office. If McCargo is confirmed as president, she will have the opportunity “to talk to politicians and give more substance to the issues that Ginnie is trying to advocate for,” Tozer remarked. After Tozer’s exit in early 2017, Michael Bright, the current CEO of trade group Structured Finance Association, served as the interim president from 2017 to 2019, but was never confirmed by Congress. Thus, the position sat open for almost five years. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Industry relieved that Ginnie Mae is no longer being ignored appeared first on HousingWire. [ad_2] Source link

[ad_1] The post 10 Top Financial Stocks for 2021 appeared first on Millennial Money. Financial companies come in all shapes and sizes, from financial institutions to insurance companies to financial technology (fintech) companies. In general, these companies provide a financial service to their customers—like loans, credit cards, asset management, etc.—and are typically relatively stable investments.  But investors should know that during recessions and economic instability, financial stocks are usually some of the first to take it on the chin. The COVID-19 pandemic caused economic instability around the globe in 2020 and some financial stocks, particularly banks, were hit hard.  Thankfully, many financial stocks have rebounded in 2021 and are doing quite well right now. So let’s take a closer look at ten top financial stocks and why they may be a good fit for your portfolio.  Top 10 Financial Stocks  Here are the top 10 financial stocks you should consider investing in. Visa Mastercard Berkshire Hathaway  JPMorgan Chase  Coinbase Global Square PayPal Holdings Bank of America American Express  Capital One Visa (NYSE: V)  Visa (NYSE:V) Price: $224.63 (as of close Sep 13, 2021) Market Cap: 477,746,918,024 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-312e24a239a8cb235b6bd8fa96f8e554”,{rangeSelector:{selected:1},title:{text:”Visa (NYSE:V)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:V”,data:[[1629086400000,235.36],[1629172800000,234.53],[1629259200000,231.63],[1629345600000,231.57],[1629432000000,231.36],[1629691200000,234.14],[1629777600000,234.24],[1629864000000,232.59],[1629950400000,230.52],[1630036800000,232.69],[1630296000000,231.23],[1630382400000,229.1],[1630468800000,230.12],[1630555200000,224.18],[1630641600000,225.11],[1630987200000,226.27],[1631073600000,229.09],[1631160000000,227.49],[1631246400000,224.91],[1631505600000,224.63],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); Few companies will be more recognizable on this list than Visa. The company is the largest payment processor in the world—processing 140 billion transactions in 2020.  The influx of cashless payments that’s come with the rise of technology has created a massive $185 trillion global cashless payment market that will spur on Visa’s growth for years to come. To stay relevant in an ever-changing financial landscape, Visa’s management said that the company has focused its attention on e-commerce transactions and tap-to-pay cash digitization. But Visa’s ongoing financial evolution doesn’t end there. The company has recently begun using Ethereum’s blockchain to convert digital currency into fiat currency. This will allow Visa to process some transactions faster and more efficiently than before.  Mastercard (NYSE: MA)  Mastercard (NYSE:MA) Price: $347.82 (as of close Sep 13, 2021) Market Cap: 343,220,095,108 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-c366ad6280f11e3a446fb837558cb66e”,{rangeSelector:{selected:1},title:{text:”Mastercard (NYSE:MA)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:MA”,data:[[1629086400000,363.56],[1629172800000,363.23],[1629259200000,360.95],[1629345600000,357.31],[1629432000000,354.99],[1629691200000,361.01],[1629777600000,361.78],[1629864000000,359.1],[1629950400000,352.86],[1630036800000,355.73],[1630296000000,353.05],[1630382400000,346.23],[1630468800000,349.57],[1630555200000,341.28],[1630641600000,340.23],[1630987200000,344.71],[1631073600000,351.04],[1631160000000,351.41],[1631246400000,347.39],[1631505600000,347.82],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); Mastercard functions in the same way as Visa, processing tons of transactions on its 2.8 billion cards and charging a small fee for those transactions. Also like Visa, the company is hugely successful at this business and in 2020 processed $6.3 trillion in gross payment volume—and that’s even in the midst of a global pandemic that temporarily hurt Mastercard’s business.  The company is also focusing its attention on digital transactions and Mastercard recently said that it expects 20% to 30% of the e-commerce growth it experienced during the pandemic will be permanent. Additionally, the company also sees potential value in using blockchain technology for transactions and the company already has 89 blockchain patents and 285 applications pending.  Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)  Berkshire Hathaway (B shares) (NYSE:BRK.B) Price: $279.92 (as of close Sep 13, 2021) Market Cap: 633,353,554,418 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-cd610ca61be0ef25007264137f0105f7”,{rangeSelector:{selected:1},title:{text:”Berkshire Hathaway (B shares) (NYSE:BRK.B)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:BRK.B”,data:[[1629086400000,289.45],[1629172800000,289.1],[1629259200000,286.36],[1629345600000,285.13],[1629432000000,285.27],[1629691200000,285.62],[1629777600000,286.02],[1629864000000,287.3],[1629950400000,285.27],[1630036800000,286.6],[1630296000000,285.66],[1630382400000,285.77],[1630468800000,285.26],[1630555200000,285.05],[1630641600000,281.89],[1630987200000,278.9],[1631073600000,279.34],[1631160000000,278.61],[1631246400000,277.6],[1631505600000,279.92],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); Berkshire Hathaway is a conglomerate run by billionaire investing extraordinaire Warren Buffett. Buffett recently named his successor, but for now, he still runs the company.  Berkshire makes it on the financial stock list because it’s the parent company of the insurance giant GEICO and because Berkshire holds major positions in both Bank of America and American Express—two companies that are firmly in the financial industry.  While Berkshire used to hold many more positions in other banks—including Wells Fargo, JPMorgan Chase, and Goldman Sachs—the company has scaled back or eliminated those positions since 2020. But with Buffett’s company holding about 19% of the shares outstanding for American Express and about 12% of Bank of America, Berkshire is still a key financial stock for investors. JPMorgan Chase (NYSE: JPM)  JPMorgan Chase (NYSE:JPM) Price: $159.86 (as of close Sep 13, 2021) Market Cap: 477,686,515,050 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-50a89bae88120a2f5c321f765101e8e5”,{rangeSelector:{selected:1},title:{text:”JPMorgan Chase (NYSE:JPM)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:JPM”,data:[[1629086400000,158.93],[1629172800000,157.01],[1629259200000,155.58],[1629345600000,154.28],[1629432000000,154.72],[1629691200000,156.7],[1629777600000,157.67],[1629864000000,160.92],[1629950400000,161.75],[1630036800000,163.05],[1630296000000,160.44],[1630382400000,159.95],[1630468800000,159.72],[1630555200000,160.46],[1630641600000,159.49],[1630987200000,159.21],[1631073600000,158.5],[1631160000000,159.19],[1631246400000,157.36],[1631505600000,159.86],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); As the largest bank in the United States—with more than $3 trillion in assets—there’s no question that JPMorgan deserves a place on this financial stocks list. The company offers a broad range of products and services to its customers, including consumer and investment services.  Like all banks, JPMorgan’s business took a hit during the pandemic, but the bank has begun to bounce back and in the second quarter of 2021 the bank beat Wall Street’s consensus earnings estimates.  The company knows that in an increasingly competitive banking industry it needs to stay ahead of its peers and JPMorgan Chase CFO Jeremy Barnum said on the second quarter earnings call that competition is “as intense as ever” and that it is “making the necessary investments to win” in all markets in which it competes.  Coinbase Global (Nasdaq: COIN)  Coinbase Global, Inc. (NASDAQ:COIN) Price: $242.84 (as of close Sep 13, 2021) Market Cap: 51,221,984,032 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-71564251bd8484cc62e98dd2e6622348”,{rangeSelector:{selected:1},title:{text:”Coinbase Global, Inc. (NASDAQ:COIN)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NASDAQ:COIN”,data:[[1629086400000,256.83],[1629172800000,250.8],[1629259200000,244.39],[1629345600000,248.24],[1629432000000,257.32],[1629691200000,256],[1629777600000,259.28],[1629864000000,256.77],[1629950400000,248.54],[1630036800000,259.12],[1630296000000,262.66],[1630382400000,259],[1630468800000,265.9],[1630555200000,268.18],[1630641600000,278.44],[1630987200000,266.81],[1631073600000,258.2],[1631160000000,256.42],[1631246400000,248.32],[1631505600000,242.84],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]});

[ad_1] I used some frozen bananas, marked down Kale, marked down mango, marked down Greek yogurt, and closeout Almond milk to make smoothies. What I had for breakfast one morning: marked down Greek yogurt with closeout Muesli + sprinkled with chocolate chips. I posted this on Facebook and Instagram as a reminder not to pay for the stems of veggies like broccoli — unless you actually use them. It will save you money (as long as the produce is priced per pound) and will mean less food waste. Plus, you might found out that broccoli crowns are actually cheaper than broccoli with stems. My little helper! Also not shown: Jesse went and got two gallons of milk, half & half, butter, and yogurt. [ad_2] Source link

[ad_1] Soccer-Men's and Women's teams offered identical contract proposals – U.S. Soccer [ad_2] Source link

[ad_1] The symptoms of this disorder ranges from mild skin bleeding and bruises to potentially fatal internal bleeding, such as in the gastrointestinal tract and the brain. [ad_2] Source link

[ad_1] Mike Calhoun is president of the Center for Responsible Lending This week the Biden administration announced several high-level nominations, including Alanna McCargo to lead Ginnie Mae. But missing from those announcements was the White House’s widely expected pick for the next permanent director of the Federal Housing Finance Agency(FHFA), Mike Calhoun. Sources told HousingWire at the end of last week that Calhoun’s nomination was likely to be announced on Monday, and some media sources preemptively published that information. However, the White House did not release an FHFA announcement in concert with McCargo’s nomination. This latest intrigue is just the latest in a turbulent few years for the agency’s leadership. Calhoun is president of the Center for Responsible Lending (CRL), and if confirmed by the Senate will take over the post from Sandra Thompson, who was appointed acting director by President Joe Biden in June. Calhoun has spent 25 years at CRL, a nonpartisan, nonprofit research and policy institute focusing on consumer lending issues. First serving as general counsel for 10 years, Calhoun has been president of CRL for the last 15 years. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Is Mike Calhoun still in the running for FHFA director? appeared first on HousingWire. [ad_2] Source link

[ad_1] These dresses from Old Navy are so cute and practical! Today only, Old Navy is offering dresses and rompers for girls for just $7 and dresses for women for just $12! Choose free in-store pickup to avoid shipping costs. Valid today only, September 14, 2021. [ad_2] Source link

[ad_1] Canadian PM Trudeau not sorry for snapping at protester who insulted his wife [ad_2] Source link

[ad_1] A combination of price appreciation and inflows brought Solana’s assets under management (AUM) to $97 million — 5th largest of all digital assets — while bitcoin’s AUM and ethereum’s AUM stood largest at $37,215 million and $14,914 million respectively, noted CoinShares. [ad_2] Source link