Tag: corporate finance

How to pay for home improvements

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A HELOC or home equity loan can help pay for major home improvements.

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As the winter fades away and a new season begins, you might have more than just spring cleaning in mind; you also might be looking for more of a home refresh.

That can take the shape of making home improvements, home repairs and/or renovations. Doing so can help you enjoy your space more while also potentially increasing the value of your home.

Depending on the type of project and your local real estate market, you might be able to recover most, if not all, of

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Investors in Lument Finance Trust (NYSE:LFT) have made a return of 15% over the past five years

For many, the main point of investing is to generate higher returns than the overall market. But even the best stock picker will only win with some selections. So we wouldn’t blame the long term Lument Finance Trust, Inc. (NYSE:LFT) shareholders for doubting their decision to hold, with the stock down 31% over a half decade. And we doubt long term believers are the only worried holders, since the stock price has declined 30% over the last twelve months.

Since shareholders are down over the longer term, lets look at the underlying fundamentals over that time and see if they’ve

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The harshest interest-rate hikes of all are still under way at the big banks

With the Bank of Canada taking a break on rate hikes, it’s a good time to reflect on whether we’ve seen the worst for rising borrowing costs.

The answer is a hard no for Royal Bank of Canada clients who carry a credit-card balance. Next month, the interest rate on purchases for most RBC credit cards will rise to 20.99 per cent from 19.99 per cent. Other banks have already made this change on at least some of their cards.

Mortgages, credit lines and loans got more expensive in the past 12 months as the Bank of Canada increased rates

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Euler Finance blocks vulnerable module, working on recovering funds

Euler Finance’s decentralized finance (DeFi) lending protocol became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack and impacted more than 11 other DeFi protocols as well.

On March 14, Euler came out with an update on the situation and notified its users that they had disabled the vulnerable e-token module to block deposits and the vulnerable donation function.

The firm said that they worked with various security groups to perform audits of its protocol, and the vulnerable

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BBC chief refuses to quit despite the chaos sparked by Lineker’s removal

Britain’s finance minister on Sunday said “people’s confidence” in the BBC needed to be restored as the broadcaster’s boss vowed not to quit amid the chaos surrounding Gary Lineker’s removal as Match of the Day host.

Lineker was forced to “step back” from his duties presenting the flagship Premier League highlights show after accusing the UK government of using Nazi-era rhetoric in announcing its policy to tackle illegal immigration.

The BBC said on Friday that Lineker, England’s fourth highest goalscorer of all-time, had breached guidelines on impartiality and the corporation would seek “an agreed and clear position on its use

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TikTok is teaching people to manage their money. But it’s only a place to start. :NPR

People are getting their personal finance lessons from TikTok — as a start.

Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR


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Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR


People are getting their personal finance lessons from TikTok — as a start.

Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR

Erin Confortini, 23, taught herself to budget and invest in college when she realized she didn’t know much about personal finance — even as a finance major.

Now, she shares the details of her financial life with hundreds of thousands of people online.

In a recent

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Markets raise bets on BoC rate hike this summer, cuts in 2024

Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable

Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable

Investors are increasing their batches that the Bank of Canada will hike its key lending rate at least once more this summer and delay any cuts to next year in the wake of stronger-than-expected economic data.

“Overall, I think the consensus is going into 2023 and even in January was that inflation was decelerating and that was going to just continue on a nice path down towards 2% through 2023. And I think markets and investors are now starting

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Alberta Finance Minister Toews spars with feds over who needs to step up with incentives

Ottawa and Alberta remain at odds over who is responsible for industrial subsidies after an in-person meeting of finance ministers Friday.

UCP Finance Minister Travis Toews sat down with his provincial and territorial counterparts and federal Finance Minister Chrystia Freeland to discuss global economic pressures and a looming transition to a low-carbon economy.

At a news conference Friday afternoon in Toronto, Freeland said the provinces and territories need to pitch in to help the federal government compete with the American Inflation Reduction Act (IRA), which offers massive subsidies to US-made products.

“We need to

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