Category: Finance

Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

PR Newswire

CHICAGO, Jan. 24, 2023

Newly launched company enables real estate agents and lenders to deliver peace of
mind when transitioning between homes.

CHICAGO, Jan. 24, 2023 /PRNewswire/ — Fortuna Finance announced the launch of its business to help real estate agents and mortgage lenders provide homebuyers with peace of mind transitioning from one home to another.

Fortuna’s Home Sales Assurance (HSA) program a guaranteed purchase offer on a client’s current property, allowing the client to make a non-contingent offer on their new

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The finance minister requires Israel Discount Bank to spin off its credit card business

Israel Discount Bank Ltd., the nation’s fourth-largest lender, will need to divest its credit card business CAL as part of government policy to spur competition in the credit and banking sectors, Finance Minister Bezalel Smotrich announced on Thursday.

Smotrich said he decided to draft modified regulations that would require Discount Bank to sell its credit card business, which in turn would allow a new player to enter the overly concentrated credit market and lead to increased competition for households and small businesses.

“This step, combined with additional steps that we will take soon, will lead to a competitive credit market

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Buying an investment property in Canada: Risks, taxes, regulations and lower-cost alternatives

Real estate is its own asset class, offering different attributes from equities and fixed income. As such, it can help diversify wealth. Investing in real estate does not require specialized expertise; most Canadians understand the basics of holding property through home ownership. Many have done very well due to home price appreciation over the past two decades.

The inflation-adjusted returns for real estate over the past 50 years in Canada are very similar to those of equities. But those returns come with much less volatility than stock markets. In addition, income forms a bigger portion of its total return compared …

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Japan Finance Minister Warns of Severe Finances as BOJ Struggles to Contain Yields

TOKYO (Reuters) – Japan’s finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt.

Japan’s public debt is more than double its annual economic output, by far the heaviest burden in the industrialized world.

The government has been helped by near-zero bond yields, but bond investors have recently sought to break the Bank of Japan’s (BOJ) 0.5% cap on the 10-year bond yield, as inflation runs at 41-year highs, double the central the bank’s 2% target.

“Japan’s public

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Stock futures stumble after in-line inflation print

US stocks ended the day lower Thursday as investors dissected the latest batch of economic data, more Fedspeak, and the start of earnings season from corporate tech giants.

The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) both fell nearly 0.8%. The technology-heavy Nasdaq Composite (^IXIC) declined nearly 1.0%.

Bond prices ticked down. The yield on the benchmark 10-year US Treasury note rose to 3.397% from 3.368% earlier this morning. The dollar index has declined over 10% after trading at its 20-year high in late September, per Bespoke Investment Group’s data.

Stocks plummeted Wednesday after new government data

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Former finance minister paints unflattering picture of prime minister – Dan in Ottawa

Bill Morneau’s new book

Dan Albas – | Story: 407013

Recently Prime Minister Justin Trudeau’s former star finance minister, Bill Morneau, authored a book titled “Where To From Here, A Path to Canadian Prosperity”.

As is common when promoting a new book, Morneau has conducted several media interviews. What is less common is Morneau leveled some heavy and serious criticism against Trudeau and his office.

Morneau makes several allegations along a theme suggesting Trudeau often ignores or rejects “carefully considered calculations” for announcements that sound good or

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Are Finance Stocks Lagging BB Seguridade Participacoes (BBSEY) This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BB Seguridade Participacoes SA (BBSEY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

BB Seguridade Participacoes SA is one of 871 individual stocks in the Finance sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The

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The US debt ceiling fight is a potential ‘financial catastrophe’

Expect financial market and economic chaos to ensue if US lawmakers don’t find a resolution on the debt ceiling this time around.

“If there was even a temporary default on the US debt, it would really be a financial catastrophe,” NYU professor and economist Nouriel Roubini told Yahoo Finance Live at the World Economic Forum (video above). “So if you default on the debt, domestic and foreign investors in the private sector are not going to buy your bonds, and you’ll have a spike in interest rates.”

Lawmakers took one step toward that scenario on Thursday.

The federal government officially

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