WASHINGTON — With the Consumer Financial Protection Bureau now under Trump administration leadership, the agency is deciding whether to stop or roll back a rule to clamp down on payday lenders. This assures renewed debate: Are payday lenders legal loan sharks? Their storefront businesses
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One can easily forgive the UFC for being so bullish on the crossover potential of knockout sensation Francis Ngannou that it was willing to fast-track him into Saturday's heavyweight title shot at UFC 220 in Boston. At a chiseled 6-foot-4 and fashioned with his own unique hairstyle, Ngannou (11-1) very
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National Pension Service increased its stake in shares of Mondelez International Inc (NASDAQ:MDLZ) by 4.0% during the 4th quarter, according to the … BMO Capital Markets restated a âbuyâ rating and set a $48.00 price target on shares of Mondelez International in a research report on Thursday,
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… 1 percent listing fee, with a $3,000 minimum, which the company claims would save a homeowner $10,000 on a $500,000 sale, Housing Wire reported. … S&R, however, thinks it's a violation of the Fair Housing Act for the nuns and other owners to stop its development because the project will include
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China's banking watchdog has publicly acknowledged that household debt levels are becoming a cause for concern. In an interview published in Monday's People's Daily, the official mouthpiece of the ruling Communist Party, Guo Shuqing, chairman of the China Banking Regulatory Commission, said it
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An accounting change is about to have a big effect on Warren Buffett's conglomerate because swings in the value of its stock portfolio will soon be included in earnings. The new rules from the Financial Accounting Standards Board took effect in December and will start cropping up in earnings reports at
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Kevin Durant already has a big following for the YouTube channel he launched last year, and now the NBA superstar is helping the online video service land other famous athletes. YouTube is partnering with Thirty Five Media, the creative development company Durant founded with his manager Rich
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Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January, coming down off of December's 18-year high. âThe HMI gauge of future sales expectations has remained in the 70s, a sign that housing demand should continue to grow in 2018,â NAHB
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Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Over the past 4 years, Crown Castle International Corp (REIT) (NYSE:CCI) has returned an average of 4.00% per year to shareholders in terms of dividend yield
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As evidenced by recent real estate reports, micro apartment units of approximately 350 sq. ft. have been observed in the apartment rental market and are quickly becoming a trend in urban centers. This rise in the demand for micro apartments is attributed to the changing demographics of the buyer
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The program, called Healthy Housing Rewards, targets developers and offers them an incentive to include healthy design features, like including common spaces, community gardens, playgrounds, into the design of newly constructed or rehabilitated affordable, multifamily rental properties. Now, Fannie
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Mick Mulvaney, the head of the Consumer Financial Protection Bureau, took $31,700 in contributions from payday loan companies in 2016 and is now reviewing rules aimed at protecting consumers from harmful lenders. Under Mulvaney the bureau will review payday lending rules introduced at the end
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However, excluding the one-off charge and other items, the Wall Street bank recorded earnings per share of $5.68. Analysts were looking for $4.91 cents per share, according to Thomson Reuters I/B/E/S estimate. Revenue from investment banking – which includes fees from IPOs, underwriting and M&A
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At Fortune, we've created the CEO Initiative for a similar reasonâto help corporate leaders share best practices and develop common goals for addressing societal problems. The effort grew out of our meeting at the Vatican in 2016 and a follow-up in New York last September, and we will be gathering
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The Bank of England has written to banking bosses, warning them to âremain vigilantâ about the heightened risks linked to rising consumer debt levels. It follows a Prudential Regulation Authority (PRA) review of consumer lending â covering credit cards, personal loans and car financing over the first half
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Hoenig said he was broadly supportive of the bill primarily aimed at easing rules for smaller banks, crafted by Republicans and moderate Democrats on the Senate Banking Committee, but has concerns about a pair of key sections. In particular, Hoenig warned Congress's attempts to relax burdens
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Sheila Henry said the year-over-year growth has been steady with 2,365 homes sold in 2017, up from 2,159 sales in 2016 and 1,915 in 2015. âIt was another super year,â says Henry. âThat's very promising for us to have seen so much activity in our marketplace.â Henry says the market in 2017 was
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The âExporter Real-time Commodities Trading Portalâ offers the user immediate exposure to a broad audience of individuals and organizations within the international trade community that are actively buying and selling commodities worldwide. The membership portal includes full access to trading
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Banking across the globe has been going through a major transformation over the last few years, and this evolution looks set to continue well into 2018, and indeed beyond. The financial institution of today is more oriented towards the customer than ever before, and as such, a much larger proportion of
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… a health care provider that offers both insurance and medical services to millions around the world, are teaming up in a massive strategic partnership that could make âdigital end-to-endâ medical services a widespread reality, HealthTap CEO Ron Gutman told Fortune in an early interview previewing
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