credit

BOWMAN CONSULTING GROUP LTD. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events, Financial Statements and Exhibits (form 8-K)

by

Item 1.01. Entry into a Material Definitive Agreement. Amendment to Credit Agreement On May 23, 2022,, Bowman Consulting Group Ltd. (the “Company”) entered into a Seventh Amendment to Credit Agreement (the “Amendment”) with Bank of America, NA. (the “Bank”) which amended the Credit Agreement with the Bank dated as of August 24, 2017as amended from … Read more

Rising Rates Are Battering Mortgage Lenders

by

Mortgage lenders are scrambling to survive a sharp drop-off in the number of homeowners refinancing their loans, with demand drying up as interest rates rise. While home prices continue to rise and Americans are still buying houses, the drop-off in refinancing activity is a giant blow because refinancings made up the bulk of US mortgage … Read more

Fannie Mae chief economist says the US housing market has finally turned a corner and temporary child tax credits contributed to Americans’ financial security in 2021

by

Hi, MarketWatchers. Don’t miss these top stories. The good news: Americans’ financial security soared last year. The bad news: That may be due to this lucrative, but temporary tax break The share of Americans who said they were able to cover $ 400 in emergency expenses, using cash or its equivalents, reached a 9-year-high. Read … Read more

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $ 300,000 in company stock. Should I sell those shares to pay off my debt of $ 56,000?

by

I am 33 years old, I currently make just over $ 120,000 a year, including an annual bonus, and my company has gifted me with around $ 300,000 in equity in the firm, although our stock is brand new, so it is constantly swinging up and down . I put around 6% towards a 401 … Read more

Grayscale launches ETFs in Europe to track ‘future of finance’ stocks like Coinbase, Robinhood

by

Grayscale is launching its first European ETF, the Grayscale Future of Finance UCITS, which will be listed on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. The fund will be based on the Bloomberg Grayscale Future of Finance Index which tracks companies that represent the “future of finance”. These include stocks such as … Read more

Buy Citizens Financial Stock. Its Shares Could Gain 29%.

by

Bigger is better in banking — and Citizens Financial Group has been taking steps that should allow it to play with the bigger boys. Its stock looks like a winner. These days, it’s almost impossible for a bank to succeed without the scale to provide more than just loans and accounts to their clients. They … Read more

Wall Street on Sale: Goldman Sachs Stock Now Just Above Book Value

by

Text size Goldman Sachs Group headquarters in New York City. Michael Nagle / Bloomberg Wall Street is on sale along with much of the stock market, as industry leader Goldman Sachs Group is trading close to book value for the first time in two years. Smaller securities firms like Jefferies Financial Group (ticker: JEF) and … Read more

How Citizens Financial used an iPhone plan to create a nationwide digital bank

by

Citizens Financial Group Inc. launched its Citizens Pay iPhone upgrade plan in 2015 as an early form of the buy-now-pay-later concept that’s in vogue in the payments space. The idea was to take the Citizens CFG brand as a credit provider and combine it with Apple’s AAPL iPhone to help customers avoid waiting in line … Read more

Financial Advisors to Buffett: You Got Us Wrong

by

At this weekend’s 2022 annual shareholder meeting for Berkshire Hathaway, Warren Buffett and Charlie Munger riffed on many hot topics. They spent five hours talking about how Bitcoin and cryptocurrencies are worthless, a surprise investment in Activision stock, the impact of inflation, and the importance of focusing on value. Warren Buffett (L), CEO of Berkshire … Read more