Financing Archives - FinanciaRUL

Hurricane Harvey, North Korea, And Looming Federal Debt Lead To Falling Mortgage Rates

Financiarul September 15, 2017July 19, 2024Economy, Financing Leave a comment

The housing market is in an odd situation currently, with very low supply and rising demand. Construction companies can’t build homes fast enough to fill the need, and so home prices are rising as a response. This does, however, mean that selling a home can be a very profitable venture right now. It also means that the housing market is especially fluid this year. One such change is that mortgage rates are moving ever lower as investors get anxious about … Continue reading “Hurricane Harvey, North Korea, And Looming Federal Debt Lead To Falling Mortgage Rates”

Need Good Financial News? Number of New Bankruptcies Plunges

Financiarul September 4, 2015July 19, 2024Business, Economy, Financing, Investing Leave a comment

While the Dow Jones does its best impression of a roller coaster, some economists are hailing new data as a strong indicator of a healthy economy overall. Since 2011, the number of bankruptcies filed in the United States has been cut in half. The number of U.S. businesses filing for bankruptcy dropped by 50%, while the number of families and individuals dropped by 48%. In total, that means the number of bankruptcy cases plunged by 660,000 in just four years. … Continue reading “Need Good Financial News? Number of New Bankruptcies Plunges”

Frederick’s of Hollywood Seeks Chapter 11 Bankruptcy Protection

Financiarul April 21, 2015July 19, 2024Business, Financing, Headlinesbankruptcy, Chapter 11 bankruptcy, Frederick's, Hollywood Leave a comment

On Sunday, April 19, Frederick’s of Hollywood Group Inc., a retailer known for its selection of racy women’s lingerie, filed for Chapter 11 bankruptcy protection after closing its remaining stores and settling a deal to sell itself as an online-only venture. According to Bloomberg, the Los Angeles-based company notified customers it had closed all its store locations via its website. In bankruptcy papers filed at the U.S. bankruptcy court in Wilmington, DE, Frederick’s listed $36.5 million in assets and $106 million … Continue reading “Frederick’s of Hollywood Seeks Chapter 11 Bankruptcy Protection”

As America Saves Week Kicks off, Experts Remind Consumers That Every Little Bit Counts

Financiarul March 2, 2015July 19, 2024Economy, Financing Leave a comment

On February 23, a national campaign kicked off, aimed at getting Americans to save more money. For those who missed it, however, there is still time to take advantage of savings tips from professionals. America Saves Week coincides with Military Saves Week, both of which promote good savings habits for people in the United States. As of Feb. 2, the national savings rate was only at 4.9%, which could use a boost. Some resources Americans can look into are websites … Continue reading “As America Saves Week Kicks off, Experts Remind Consumers That Every Little Bit Counts”

Swiss Legislators Agree to Stricter Financial Guidelines for FIFA and IOC

Financiarul December 23, 2014July 19, 2024Business, Financing, Taxes & Law Leave a comment

Switzerland’s parliament recently passed a bill with the intention of curbing corruption by increasing the financial scrutiny of over 60 international sports bodies, including FIFA and the International Olympic Committee (IOC). The new set of stricter laws, known as “Lex FIFA” (FIFA law), are a direct response to several years of corruption allegations. Swiss lawmakers voted 128 to 62 in favor of reforming a more inclusive bill based on the strict guidelines created by the intergovernmental Financial Action Task Force … Continue reading “Swiss Legislators Agree to Stricter Financial Guidelines for FIFA and IOC”

UK Training Manager Travels to Tanzania to Educate on Standards of Forklift Safety

Financiarul December 5, 2014July 19, 2024Business, Economy, Financingforklift, forklift battery, safety Leave a comment

A UK training manager recently spent two weeks in Tanzania to help raise forklift safety standards among driving instructors and workers there. According to the African Business Review, Field Training Manager for Mentor Training Melvin England spent his time in Africa at the National Institute of Training (NIT) in Tanzania to work toward establishing a comprehensive forklift safety training program. England’s work was part of international charity Transaid’s efforts to bolster development in under-developed nations. “Forklift trucks can be some of … Continue reading “UK Training Manager Travels to Tanzania to Educate on Standards of Forklift Safety”

Chinese Consumers Are Turning To Online Lenders for Help As Home Prices Skyrocket

Financiarul November 7, 2014July 19, 2024Business, Financing, Investing Leave a comment

The Chinese real estate industry is in a confusing place right now, with home prices at an all-time high, but dropping so quickly that industry experts can’t predict how stable the industry will be in the months to come — much less how the entire situation will affect China’s economy as a whole. But the real problem is that the real estate industry can’t be analyzed just by looking at the big picture; as more statistics roll in, describing the … Continue reading “Chinese Consumers Are Turning To Online Lenders for Help As Home Prices Skyrocket”