Loan Express – Stratiawire http://stratiawire.com/ Just another WordPress site Tue, 19 Oct 2021 01:28:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://stratiawire.com/wp-content/uploads/2021/07/icon-1-150x150.png Loan Express – Stratiawire http://stratiawire.com/ 32 32 Thieves fled with Gully Boys van and gear ahead of Minneapolis rockers’ tour https://stratiawire.com/thieves-fled-with-gully-boys-van-and-gear-ahead-of-minneapolis-rockers-tour/ https://stratiawire.com/thieves-fled-with-gully-boys-van-and-gear-ahead-of-minneapolis-rockers-tour/#respond Mon, 18 Oct 2021 23:31:50 +0000 https://stratiawire.com/thieves-fled-with-gully-boys-van-and-gear-ahead-of-minneapolis-rockers-tour/ A week before hitting the road for their first post-quarantine tour based on a strong local buzz, Twin Cities rock trio, the Gully Boys, had their van stolen with most of their musical material this weekend in Minneapolis. “Please keep an eye out for a silver 1996 Ford Fontana,” the group posted at the start […]]]>

A week before hitting the road for their first post-quarantine tour based on a strong local buzz, Twin Cities rock trio, the Gully Boys, had their van stolen with most of their musical material this weekend in Minneapolis.

“Please keep an eye out for a silver 1996 Ford Fontana,” the group posted at the start of a long – and now widely shared – Twitter feed about the breakage.

The theft occurred overnight from Saturday to Sunday near the corner of 33rd Street and 17e A VS in south Minneapolis, where the melodic, energetic punk feminist rockers were booked to perform at a rally in nearby Powderhorn Park for mayoral candidate Sheila Nezhad.

Among the thousands of dollars of equipment stolen from inside were guitars, drums and amps, as well as group items that had to be sold at shows. Their tweets exhaustive list all the material in the hopes that other musicians will keep an eye on it all. The pickup truck itself has a noticeable dent on the front of the passenger side and the Minnesota license plate number 230-XDG.

On Monday afternoon, the women of Gully Boys said they had yet to hear from the police or anyone with solid information on recovering the stolen goods. They are still not sure if they can leave for their eight-city tour set to begin in Chicago on Friday, which includes major concerts in Philadelphia, Washington, DC and Nashville.

“No lead other than someone could spot a man carrying Nat’s bass out of his holster sitting at the bus stop on 24 and Nicollet,” drummer Nadirah McGill said via email, referring to to bassist Natalie Klemond.

Gully Boys follows a long line of independent Twin Cities acts that have suffered similar thefts of vans and equipment over the past decade. Others have included Dessa, DJ Keezy, Dave Simonett’s Dead Man Winter, and Sims of Doomtree.

After his van and gear were stolen on a tour in 2016, Sims said, “It happens all the time, but bands don’t really have an alternative. You can unload all of your gear in your room. hotel every night, but then you need another hotel room to fit everything. “

Like Sims, the members of the Gully Boys take comfort in the widespread sharing of their stolen items and other helpers from the Twin Cities music community: “We can’t express enough how supported we feel at times like this. here, “they said in a later tweeter. But they remain uncertain as to whether and how to launch their show on the road.

“We have people willing to lend us gear for the tour, but we still need wheels,” said McGill. “It really is [messed] up.”



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Delhi: BJP tries to woo slum dwellers with board game targeting PAA https://stratiawire.com/delhi-bjp-tries-to-woo-slum-dwellers-with-board-game-targeting-paa/ https://stratiawire.com/delhi-bjp-tries-to-woo-slum-dwellers-with-board-game-targeting-paa/#respond Sun, 17 Oct 2021 21:01:52 +0000 https://stratiawire.com/delhi-bjp-tries-to-woo-slum-dwellers-with-board-game-targeting-paa/ Searching the Aam Aadmi party ahead of MCD polls next year, Delhi’s BJP on Sunday distributed the board game of snakes and ladders to children living in slums – with the snakes being replaced by the faces of ministers from Delhi, including CM and Deputy CM. The AAP fired back, saying the BJP had no […]]]>

Searching the Aam Aadmi party ahead of MCD polls next year, Delhi’s BJP on Sunday distributed the board game of snakes and ladders to children living in slums – with the snakes being replaced by the faces of ministers from Delhi, including CM and Deputy CM. The AAP fired back, saying the BJP had no more issues to raise.

The BJP said the games were distributed to people living in Kusum Pahadi, Jai Hind and JJ Bandhu camps near Vasant Vihar by Delhi BJP leader Adesh Gupta during his ongoing “jhuggi samman yatra” – a offers from BJP leaders to woo slum dwellers.

The boxes next to the “snakes” are also marked “DTC scam”, “education scam”, “ration scam” and “Delhi Jal council scam”. The “scales”, on the other hand, have central government programs like Jan Dhan Yojna, Mudra Loan Scheme, Beti Bachao Beti Padhao, Swacch Bharat etc.

Gupta said, “People of all age groups are playing the game… As it is popular, people should also know how central government programs benefit children.” Asked about children’s participation in politics, he said: “Even adults play ludo and children also have a right to know what is going on.

Delhi BJP spokesperson Praveen Shankar Kapoor said 1 lakh of these charts have been released and the party will distribute them in jhuggis: poor… The idea is that the chart will make Kejriwal government’s disappointments a topic discussion among slum dwellers.

Speaking to the BJP, the AAP said in a statement: “The BJP in Delhi is in a terrible state and has no more issues to raise. People should take the board game and play. There are 6 million houses in Delhi and they should distribute it to everyone. “

Municipal elections are expected to take place in April next year.

Delhi has around 30 lakhs of people living in 675 slum groups. Much of the slum dwellers had traditionally voted for Congress but switched to the AAP in the 2013 and 2015 assembly polls. Since then, the AAP’s free electricity and water programs have been successful. led this section to vote largely for the AAP in the Vidhan Sabha polls. The BJP, with the yatra, wants to make a hole in this bank of votes.


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How Covid-19 hit Maharashtra’s affordable housing market https://stratiawire.com/how-covid-19-hit-maharashtras-affordable-housing-market/ https://stratiawire.com/how-covid-19-hit-maharashtras-affordable-housing-market/#respond Sat, 16 Oct 2021 12:31:46 +0000 https://stratiawire.com/how-covid-19-hit-maharashtras-affordable-housing-market/ The long shadow of the downturn triggered by the Covid-19 pandemic had seen the economy housing sector hit the hardest. On the one hand, new loan disbursements have decreased while delinquencies have increased sharply. A look at this market which has seen the government push many reforms in recent years. According to the Reserve Bank […]]]>

The long shadow of the downturn triggered by the Covid-19 pandemic had seen the economy housing sector hit the hardest. On the one hand, new loan disbursements have decreased while delinquencies have increased sharply. A look at this market which has seen the government push many reforms in recent years.

According to the Reserve Bank of India (RBI), home loans of up to Rs 50 lakh in metropolitan markets and up to Rs 40 lakh in non-metropolitan markets constitute affordable or economical home loans. Included in priority sector loans, banks are assigned annual targets for their disbursement. Like agricultural crop loans, banks are mandated to do the same.

In recent years, the central government has pushed through numerous reforms in the sector. Since the launch of the credit link grant program, the Center has sanctioned grants worth Rs 22,380.19 crore, of which Rs 11,042.42 crore has been released. Of the 13,38,780 houses sanctioned, 5,12,673 houses have been completed.

The main objective of the program is to provide housing for low and middle income groups. Real estate agents and banks are mobilizing for the disbursement of loans for sanctioned projects. Due to government pressure for the program, many real estate agents had chosen budget housing. The boom in low-cost housing had provided the much-needed boost to the sector.

Data taken from the agenda of the State Level Banker’s Committee (SLBC) meeting explains how the Covid crisis hit the industry. On June 30, 2019, SLBC’s minutes spoke of a total disbursement of Rs 4,292.77 crore out of 67,935 accounts. Loans worth Rs 96,049.16 crore were outstanding at the time on 9,24,515 accounts. Exactly one year later, on June 30, 2020, Rs 1,347.82 crore was disbursed and the total amount outstanding was Rs 99,978.21 crore. On June 30 of this year, SLBC reported the disbursement of loans worth Rs 3,064.37 crore, while the outstanding amount was Rs 98,454.95 crore.

The data points to the industry downturn which has been one of the main drivers. Recent reports from several real estate consultants have also spoken of an increase in traction in sales of luxury and mid-range homes. This, they say, is due to pent-up demand and consumer demand for larger housing. In addition, budget housing is aimed at an industry that has seen the most job losses and people are now saving rather than spending.

Paramvir Paul, manager of the Pune branch of property consultant Knight Frank, said the trend has also been noticed in Pune. “While the overall sales in the relatively affordable segments (INR 50 lakh) saw sales growth of 51% year-on-year in the first half of 2021 and, as a result, their share of overall sales increased from 44% to 49% . Homebuyers in the middle to high income segments, which in Pune mainly include IT workers, have been relatively less affected by the pandemic and, in fact, their income levels have increased due to the improved outlook for business. ’employment and increased savings levels as a number of discretionary spending opportunities have been closed due to the foreclosure,’ he said.

“That, coupled with the lowest mortgage rates on record, time spent inside the home due to foreclosure, and huge stamp duty savings motivated them to enter the market and buy new ones. houses. Homebuyers in relatively affordable segments have not been so lucky and have experienced a greater impact on their sources of income, especially those working in unorganized segments and in industries such as retail, hotels, ancillary services, etc. “, He explained.

“As a result, sales growth in relatively affordable segments has been much lower than in relatively expensive segments. Reviving this demand in relatively affordable segments would largely depend on the pace of India’s economic recovery and also on the removal of all foreclosure restrictions, ”he added.


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Championship transfer rumors: Hull City in fight for League Two star, Aston Villa forward to be loaned out amid Championship interest https://stratiawire.com/championship-transfer-rumors-hull-city-in-fight-for-league-two-star-aston-villa-forward-to-be-loaned-out-amid-championship-interest/ https://stratiawire.com/championship-transfer-rumors-hull-city-in-fight-for-league-two-star-aston-villa-forward-to-be-loaned-out-amid-championship-interest/#respond Fri, 15 Oct 2021 08:04:00 +0000 https://stratiawire.com/championship-transfer-rumors-hull-city-in-fight-for-league-two-star-aston-villa-forward-to-be-loaned-out-amid-championship-interest/ Likewise, if a team has to struggle or be relegated, its market value can drop. We’ve now seen a lot of the league games and the start of each team’s campaign has already affected their market value – according to Transfermarkt data. Click here to see how the market value of the Hull City squad […]]]>

Likewise, if a team has to struggle or be relegated, its market value can drop.

We’ve now seen a lot of the league games and the start of each team’s campaign has already affected their market value – according to Transfermarkt data.

Click here to see how the market value of the Hull City squad has changed compared to every other team in the Championship.

In the meantime, here are today’s best championship rumors …


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Modest gain breaks 3-day losing streak for S&P 500 Index https://stratiawire.com/modest-gain-breaks-3-day-losing-streak-for-sp-500-index/ https://stratiawire.com/modest-gain-breaks-3-day-losing-streak-for-sp-500-index/#respond Thu, 14 Oct 2021 03:14:14 +0000 https://stratiawire.com/modest-gain-breaks-3-day-losing-streak-for-sp-500-index/ Major US stock indices closed largely higher on Thursday, ending a three-day losing streak for the S&P 500 despite another choppy trading day. The benchmark index rose 0.3% after declining 0.5% at the start. He is still on track for a 0.6% weekly loss. The Dow Jones Industrial Average finished flat, while the Nasdaq rose […]]]>

Major US stock indices closed largely higher on Thursday, ending a three-day losing streak for the S&P 500 despite another choppy trading day.

The benchmark index rose 0.3% after declining 0.5% at the start. He is still on track for a 0.6% weekly loss. The Dow Jones Industrial Average finished flat, while the Nasdaq rose 0.7%.

Most of the 11 sectors of the S&P 500 rose, with technology and communications accounting for a significant portion of the gains. A mix of businesses that rely on consumer spending has also helped lift the market. Financial and energy companies have fallen.

Investors were keeping their eyes on corporate results and inflation data. They also had more information on the Federal Reserve’s next policy steps after the central bank released the minutes of its policymakers meeting last month.

The minutes, which revealed that Fed officials were discussing how the central bank could start cutting back on the unprecedented financial support it has started giving to the economy since the early days of the pandemic, said maybe helped give the market a boost after its disappointing start, said JJ Kinahan, chief strategist at TD Ameritrade.

“You’re starting to have a framework for how they’re going to go about it, and the market is really in desperate need of clarity,” he said. “At least we’re starting to see the game plan.”

Fed officials agreed at their last meeting that if the economy continues to improve, they could start cutting their monthly bond purchases as early as next month and end them by mid-2022.

The S&P 500 gained 13.15 points to 4,363.80. The Dow Jones slipped 0.53 points, or less than 0.1%, to 34,377.81. The tech-rich Nasdaq gained 105.71 points to 14,571.64.

Small business shares also rose. The Russell 2000 Index added 7.70 points, or 0.3%, to 2,241.97.

Banks were among the heaviest in the market. JPMorgan Chase fell 2.6% after its latest results showed the bank was struggling to increase revenue with interest rates near zero. Falling bond yields have also weighed on the sector, which relies on higher yields to charge more lucrative interest on loans. American Express fell 3.5% and Capital One Financial fell 3.3%.

The 10-year Treasury yield fell to 1.54% from 1.58% on Tuesday night.

Delta Air Lines slipped 5.8% for the biggest decline in the S&P 500 after warning investors that rising fuel prices would test its ability to remain profitable. It also provides for higher labor costs. United Airlines fell 3.9% and American Airlines slipped 3.3%.

“Crude oil will continue to weigh on the transportation sector, especially airlines,” Kinahan said.

Much of the latest inflation update came on the heels. Consumer prices rose 5.4% in September from a year ago, matching the highest rate since 2008. The figure is slightly higher than economists’ expectations. A wide range of businesses have faced supply chain disruptions and delays amid increasing demand for goods, and many have warned that this will increase costs and reduce their bottom line.

“There is a lot of nervousness and anxiety about inflation right now,” said Kristina Hooper, chief global markets strategist at Invesco. “We’re going to see a lot of volatility and leadership changes; this is only part of the transition period we find ourselves in.”

Many companies have increased their prices to compensate for the rising costs of shipping and raw materials. Analysts fear higher prices will dampen consumer spending, the main engine of economic growth. The latest report from the Ministry of Labor showed that the costs of new cars, food, gas and restaurant meals all jumped in September.

Investors will get more data on consumer spending on Friday when the Commerce Department releases retail sales for September.

Other major banks are expected to release their results this week. Bank of America, Wells Fargo and Citigroup will follow with their latest quarterly results on Thursday. Reports on corporate earnings will rise after this week and analysts have said this could help show investors a clearer path forward in what has been a turbulent market.


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Pension plans and life insurance contribute to employee financial security https://stratiawire.com/pension-plans-and-life-insurance-contribute-to-employee-financial-security/ https://stratiawire.com/pension-plans-and-life-insurance-contribute-to-employee-financial-security/#respond Tue, 12 Oct 2021 20:05:31 +0000 https://stratiawire.com/pension-plans-and-life-insurance-contribute-to-employee-financial-security/ Sixty percent of employees say their employer-sponsored pension plan contributes a lot to their sense of financial security, a 5% increase from 2020, according to the “2021 workplace wellness survey”, Conducted by the Employee Benefit Research Institute (EBRI) and the independent research firm Greenwald Research. Of those with an employer-sponsored pension plan, seven in ten […]]]>

Sixty percent of employees say their employer-sponsored pension plan contributes a lot to their sense of financial security, a 5% increase from 2020, according to the “2021 workplace wellness survey”, Conducted by the Employee Benefit Research Institute (EBRI) and the independent research firm Greenwald Research.

Of those with an employer-sponsored pension plan, seven in ten say they understand their benefits extremely or very well. Six in ten say they are satisfied with their plan. Of those who do not have an employer plan, 60% are interested in one.

Most of the employees surveyed currently contribute to their plan and receive contributions from their employer. Among those who receive employer contributions, 68% say they are satisfied with the contribution they receive. A little less than half say they contribute at the same level or up to their employer; another four in 10 contribute more.

About half also say that life insurance and financial wellness programs contribute a lot to their sense of financial security.

Employees say higher employer contributions (34%), increased flexibility (i.e. their benefit programs.

The 2021 survey of 2,016 U.S. workers was conducted online July 7-27. All respondents were between 21 and 64 years old.

Additional benefits to help with financial security

Although the majority of employees report feeling that the benefits offered by their employers help them feel more financially secure, 49% of employees express at least moderate concern about the financial well-being of their household. Saving for retirement and having savings for emergencies are the main sources of financial stress cited. Sixty-three percent say they feel stressed when thinking about their financial future, although that number is down from seven in 10 in 2020.

Two out of three employees surveyed say they have enough savings to deal with an emergency. Eight in 10 say they are prepared for an unexpected expense of $ 500 and six in 10 feel ready for an expense of $ 5,000.

Yet 83% of employees say they are at least somewhat interested in an emergency savings account that allows them to save through payroll deduction. And more than half (54%) of employees say their retirement savings are the only significant emergency savings they have.

Since the pandemic exposed the lack of emergency savings for many Americans, pension accountants have struggled to create solutions both in-plan and out-of-plan, according to a Commonwealth report. Participants’ financial well-being and emergency preparedness have also become more important in counselor service models.

When employees surveyed for the EBRI / Greenwald Research study were given a hypothetical monthly benefit budget of $ 600, they overall allocated the most money to a retirement savings account, followed by an emergency savings account. Although student loan debt is reported as a big problem and a barrier to saving, and some employers are considering ways to help employees with student loan debt, survey employees allocated the amount. the lower of the hypothetical monthly employee benefits budget to a payment plan. reduce student debt.


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More Flexible Stock Release Plans Could Benefit You | Personal Finances | Finance https://stratiawire.com/more-flexible-stock-release-plans-could-benefit-you-personal-finances-finance/ https://stratiawire.com/more-flexible-stock-release-plans-could-benefit-you-personal-finances-finance/#respond Mon, 11 Oct 2021 14:56:58 +0000 https://stratiawire.com/more-flexible-stock-release-plans-could-benefit-you-personal-finances-finance/ Freeing up equity helps homeowners aged 55 or over unlock the tax-free money tied up in their home, from a minimum of £ 10,000 up to 58% of their property’s value. After increasing popularity over the past decade, borrowers now enjoy a greater choice of plans and greater flexibility in stock release products as the […]]]>

Freeing up equity helps homeowners aged 55 or over unlock the tax-free money tied up in their home, from a minimum of £ 10,000 up to 58% of their property’s value. After increasing popularity over the past decade, borrowers now enjoy a greater choice of plans and greater flexibility in stock release products as the market becomes more competitive.

Equity release plan options

There are plans that allow you to unlock your money on a monthly basis, much like receiving a salary in your bank each month. Alternatively, you can unlock a lump sum and then additional smaller amounts as you need them.

You can choose to make regular repayments

In the past, stock release proceeds pooled the interest and the loan, and they were only repaid after you were taken care of or by your estate upon your death. Borrowers can now make voluntary or partial repayments, typically up to 10% of the remaining value each year, meaning that the amount of interest and overall debt owed is reduced.

No monthly repayment

One of the main reasons people decide to free up equity is that there is no obligation to make monthly repayments if you choose not to.

Plus, with a lifetime mortgage, you continue to own 100 percent of your home, and you can spend your money once you’ve paid off any existing mortgages you may have.

Prepayment charges are more manageable

Previously, equity release plans had a high prepayment charge (ERC) of up to 25% of the amount borrowed. Nowadays, most offer defined ERCs which generally decrease on a sliding scale, for example by 10% in the first year and 9% in the second.

Moving is possible

You are no longer required to stay in the property where you have purchased an equity release plan if you wish to move. Equity release plans now offer a portability option to transfer the loan to a new property if it meets a lender’s criteria.

Is the release of equity right for me?

In order to release equity, the youngest homeowner must be at least 55 years old and your home must be worth at least £ 70,000.

While it is true that freeing up equity can eat away at an inheritance, you can also restrict a portion of your property’s equity to be protected. This is called an “estate protection guarantee”.

A specialist stock release broker, such as Age Partnership, will tell you everything you need to know about the effect on the amount of inheritance you can leave and whether your entitlement to means-tested benefits might be. affected now or in the future.

As the # 1 stock release broker in the UK *, they can provide a free stock release quote outlining what the stock release could mean for you. You don’t have to go with everything that is recommended to you.

Only if you choose to continue and your case is complete, a typical fee of £ 1,795 will be payable.

What is it about ?

The equity release can involve a home reversion plan or a lifetime mortgage, which is secured by your property. To understand the features and risks, request a custom illustration.

While no monthly repayments are required with the release of equity, any money released, plus accrued interest, would be refunded in the event of death or move into a long-term care facility.

* Based on plan volume, Touchstone 2018 – Q4 2020 data

The equity release can involve a reversion of the house or a lifetime mortgage, which is secured by your property. To understand the features and risks, request a custom illustration. The release of equity requires the repayment of any existing mortgage. Any money released, plus accrued interest, would be refunded in the event of death or move into a long-term care facility.

Correct at time of publication. Age Partnership Limited is authorized and regulated by the Financial Conduct Authority. FCA registration number 425432. Company registered in England and Wales under number 5265969. Company address: Age Partnership Limited, 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB. VAT number 162 9355 92.


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Indiana woman aims to boost her money management skills https://stratiawire.com/indiana-woman-aims-to-boost-her-money-management-skills/ https://stratiawire.com/indiana-woman-aims-to-boost-her-money-management-skills/#respond Sun, 10 Oct 2021 04:08:05 +0000 https://stratiawire.com/indiana-woman-aims-to-boost-her-money-management-skills/ SOUTH BEND, Indiana (AP) – Deshaun Stewart said his mother’s silver prices started when he was old enough to crave the latest pair of Air Jordan sneakers. “We started having these conversations in my pre-teens, because you look at all the beautiful things – the fancy cars, the Jordans, and the flashy clothes – and […]]]>

SOUTH BEND, Indiana (AP) – Deshaun Stewart said his mother’s silver prices started when he was old enough to crave the latest pair of Air Jordan sneakers.

“We started having these conversations in my pre-teens, because you look at all the beautiful things – the fancy cars, the Jordans, and the flashy clothes – and I wanted some of that stuff,” said Stewart, 24 years old, about his mother, Kay Farlow.

“She insisted that I only own what you can afford to lose.”

These Jordans can cost over $ 250, and Farlow asked his young son if he could buy a pair of shoes that would get scuffed the day he wore them outside.

“She emphasized to me the importance of assets versus asset depreciation,” Stewart recalled. “At a very young age, she put stuff like that into me. “

These lessons got stuck. Stewart is working on a bachelor’s degree in finance while working with Farlow’s husband Kenric Farlow in Charles Schwab’s Indianapolis office. He bought his first house at the age of 20. He thinks it wouldn’t have happened without the financial education he received from Farlow.

Now Farlow hopes to teach investing, money management, real estate, and a host of other financial skills to city residents through the IMPower Center. The center is located at 22500 US 20.

Farlow rents space in the center to minority and women entrepreneurs who own a variety of financial services and real estate businesses. These entrepreneurs are working with Farlow to organize financial literacy workshops aimed at helping people in the west who need these services. The building also has a hall which can be hired for community events.

Stewart is convinced that Farlow’s initiative will be successful.

“My mother is a very willful woman and she will get what she wants no matter what the cost,” he said. “And because of this, she will be successful in her mission to spread financial literacy in these underdeveloped areas.”

Farlow said her passion stems from the struggles she saw her mother endure, as well as the challenges in her life that resulted from growing too fast.

“I grew up watching my mom wrestle,” Farlow recalls. “We grew up extremely poor, but not as poor as most of the people around us because we didn’t have to worry about shutting down public services.

Farlow said his mother worked hard to make sure the lights stayed on, that there was food in the fridge and to make sure the rent was paid. However, something had to give with her mother who was working to provide for her children, and Farlow said she started hanging out with the wrong crowds.

“I was a follower for a long time in my childhood, so when people started to use drugs, to have sex and to drink, I was there with them,” she recalls.

She saw things teens shouldn’t see, as Farlow often associated with much older people. She has seen friends and acquaintances being shot. Farlow said she has always been a curious person. This curiosity serves her well as an adult who reads books to learn the answers to the questions she had on subjects such as car and real estate financing.

This teenage curiosity led Farlow to make a series of bad decisions.

“When my friends started smoking weed, I wanted to try it,” she recalls. “When they started drinking, I wanted to do it too.”

She followed the same pattern when it came to having sex.

“I didn’t want to be the one that didn’t let go and try it on,” Farlow said. “They seemed to be having a good time, so I let myself go and joined in.”

Farlow learned that she was pregnant with Deshaun in 1997. She graduated from Clay High School in 1999.

“When I had my son, I remember thinking that I didn’t want his life to be like mine,” she recalls. “I didn’t want him to experience wrestling.”

Fortunately, Farlow began to follow the lead of an older sister who decided to live a different lifestyle. Her sister got a job at a fast food restaurant, got married, and went to college to become a medical assistant.

“Watching her create this lifestyle and this quality of life that we didn’t have in our house made me say I wanted it,” said Farlow. “I turned to this.”

Farlow said she had always been a good student, so she got good grades even if she made bad decisions. Farlow enrolled at Indiana University at South Bend after graduating from high school. She majored in accounting, but changed her focus to marketing, while working in a telemarketing company, raising her son. Farlow eventually earned an associate’s degree in business administration and a bachelor’s degree in marketing.

She took a job at Jordan Ford after graduating, and that’s when Farlow decided she wanted to learn more about auto finance and real estate finance. She and her first husband, whom she married while in college, bought a house.

“Then I started to see how people come in and their cars cost as much as my house and I was wondering how is it possible that their loan is five or six years and my home loan is 30? She reminded herself.

Farlow quickly began to learn all she could about real estate, investing, and finance. She started buying properties in town and renting them out to people and owned four rental properties.

In 2017, Farlow was learning more about the racial wealth gap in South Bend, and she was keen to do something to give black people the kind of financial education her mother didn’t have. However, she remarried in 2016 and was living in Indianapolis. Her husband is also from South Bend, but he wanted to stay in Indianapolis.

Yet Kenric Farlow encouraged his wife to pursue her dream. The information Farlow learned about the racial wealth gap was a call to action. She learned, for example, that 35% of blacks own their homes compared to 69% of whites.

“I see these numbers and these alarms going off inside me because I have the skills to help people escape these numbers, and at that point the IMPower Center was born,” she said. .

Farlow soon realized that she couldn’t change those numbers on her own. She decided to recruit entrepreneurs to have a presence at the center and be able to offer workshops on real estate, investments and other topics related to finance.

Thomas Capers, owner of Capers Realty, is one of the entrepreneurs who rents space at the IMPower Center. Capers said he had been in the real estate business for about 20 years and had owned his own business since 2008.

Capers said he does most of his business online and doesn’t feel the need to have a physical presence.

“But when she decided to come to town to invest in South Bend, she reached out to me and shared her vision with me, and I was on board,” Capers said. “What she was doing, I wanted to be a part of it.”

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Source: South Bend Tribune


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The privatization of AI heralds the end of taxpayer-fueled operations; deleterious effect on industry prices, wages https://stratiawire.com/the-privatization-of-ai-heralds-the-end-of-taxpayer-fueled-operations-deleterious-effect-on-industry-prices-wages/ https://stratiawire.com/the-privatization-of-ai-heralds-the-end-of-taxpayer-fueled-operations-deleterious-effect-on-industry-prices-wages/#respond Sat, 09 Oct 2021 01:56:59 +0000 https://stratiawire.com/the-privatization-of-ai-heralds-the-end-of-taxpayer-fueled-operations-deleterious-effect-on-industry-prices-wages/ When full-service airline Jet Airways went out of business in April 2019, it was the result of several triggers that boiled up – systemic factors like soaring crude prices and an unfavorable exchange rate. ; reasons related to the evolution of the industry such as the growth of low cost flights, in addition to poor […]]]>

When full-service airline Jet Airways went out of business in April 2019, it was the result of several triggers that boiled up – systemic factors like soaring crude prices and an unfavorable exchange rate. ; reasons related to the evolution of the industry such as the growth of low cost flights, in addition to poor decision-making by the management and promoters of Jet Airways. But an underlying factor was Air India.

For much of its life, Jet Airways competed directly with Air India in the high end segment, and a near endless supply of taxpayer money at regular intervals to the common carrier meant that Jet and others Indian airlines had to fight against an airline that constantly had its losses subsidized. This has had a deleterious effect on benchmark tariffs and wages in the industry. The privatization of Air India marks a break with this trend.

From an upstart that spurred the growth of travelers to India to a sick white elephant that has dragged the entire industry with itself to some extent, Air India has gone through many phases. As the government prepares to sell the airline to its founders, the Tata group, the Indian aviation sector could witness a transformation in the quality of the services offered, as well as in its general health.

The Air India turnaround plan approved by the Center in 2012 provided for an injection of Rs 30,231 crore into the airline through 2021, assuming this would help the airline to consistently improve its overall financial and operational performance. But despite the injection of funds, Air India continued to suffer heavy losses. The exercise effectively became an exercise to finance the losses of Air India, which distorted the competitiveness of the airline sector.

Since 2011-12, when the recovery plan came into effect, the government has injected equity capital of Rs 30,520.22 crore into the airline through 2019-2020. In fiscal year 21, the government did not inject equity capital into Air India. However, during the year the Center provided a guarantee of Rs 964 crore to raise new working capital loans from banks. In addition, the government also granted a loan of Rs 4,500 crore to the airline from the National Small Savings Fund (NSSF). Between 2009-10, until the government handed the airline over to the Tatas, it reportedly invested a total of over Rs 1.10 lakh crore to support the loss-making airline.

“There is no denying that Air India relies heavily on government support. To a large extent, it is the decisions of the government that have caused these huge losses and debts. The second part is that Air India should fly to certain locations to meet the expectations and promises made by the government – not because the flight operations will be economically viable. It was seen as a social airline for government auctions, more than a commercial airline. It couldn’t be compared to an IndiGo or any other private airline, ”Jitinder Bhargava, former Air India executive director, told The Indian Express.

However, despite a level playing field that the country’s domestic airlines may face after Air India divestment, Bhargava said the Tata Group could make Air India a tougher competitor than before.

“There will be a qualitative and quantitative improvement of Air India once the divestment is completed and the Tatas take over. Cash-strapped Air India did not invest in upgrading passenger amenities, aircraft interiors, so the product took a beating in those years. Once the improvement arrives, other private airlines will not have it easy. Government ownership meant unproductive practices, inefficiencies, etc. Once it’s not there Air India would be a strong airline, ”he said.

For Tatas’ aeronautical push, the acquisition would be a boost and give it the opportunity to consolidate its position in the company. In 2015, the Tata Group launched an airline as part of a 51:49 joint venture with Singapore Airlines. He also owns 83.67% of the capital of the low-cost airline AirAsia India. Industry sources say that once Tata Group once again reunites Air India under its umbrella, it may consolidate its airline operations.

However, although on paper for the Tata Group this would mean a significant lead, especially in the international segment, it appears that the conglomerate would decide every aspect of the airline based on how much value it adds before moving on. make an investment call.

In a 2019 interview, Tata Sons Chairman N Chandrasekaran said, “This is not about Vistara or AirAsia. I think you should look at it like for some reason we have companies, but ultimately we’ll have to see what those companies think. We need to have a discussion because he adds, what does it add and what are the pain points. We have to take a calculated call. It’s not just an easy call to say we will or we won’t ”.

“It’s easy to say we don’t want to do this because we have two airlines. It is also like saying that you will get lots of routes and lots of time slots, you can upgrade immediately. So at the first line level, there is an argument to say yes or no, but none of these decisions are made with just one line. Basically, in my opinion, if we have a business, whatever business we operate, all of those businesses have to become efficient, have to scale up, have to create value and we have to look at that, ”he said. he said in an interview with CNBC-TV18.

This is also not the government’s first attempt to cede control of Air India, nor the Tata group’s first attempt to regain command of the airline. In 2001, the conglomerate and Singapore Airlines were set to take Air India back from government, and industry insiders suggest it was Jet Airways and its founder Naresh Goyal who lobbied heavily against the privatization of Air India.

As the Tata Group, once again, two decades later, draws closer to Air India ownership, Jet Airways is hoping to get back up and running after going bankrupt in 2019.


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Abra Launches Token-Based Rewards Program For Crypto Perx (CPRX) Powered Customers https://stratiawire.com/abra-launches-token-based-rewards-program-for-crypto-perx-cprx-powered-customers/ https://stratiawire.com/abra-launches-token-based-rewards-program-for-crypto-perx-cprx-powered-customers/#respond Thu, 07 Oct 2021 12:30:00 +0000 https://stratiawire.com/abra-launches-token-based-rewards-program-for-crypto-perx-cprx-powered-customers/ MOUNTAIN VIEW, CALIFORNIA – (COMMERCIAL THREAD) –Abra, a leading wealth management platform for cryptocurrency investors, today announced the Abra Perx Rewards Program which will provide Abra users with one-time access to a new utility token, Crypto Perx ( CPRX), created by the new Crypto Banking Alliance (CBA). When the token is launched, Abra users will […]]]>

MOUNTAIN VIEW, CALIFORNIA – (COMMERCIAL THREAD) –Abra, a leading wealth management platform for cryptocurrency investors, today announced the Abra Perx Rewards Program which will provide Abra users with one-time access to a new utility token, Crypto Perx ( CPRX), created by the new Crypto Banking Alliance (CBA). When the token is launched, Abra users will receive a number of CPRX tokens proportional to their individual historical usage of Abra. Abra Perx will also offer other exciting ongoing benefits.

By holding CPRX tokens in their account, Abra users will experience significant additional benefits from Abra’s rapidly growing crypto wealth management platform. After the token launch date, the Abra Perx program will provide all Abra customers with:

· Cash back on all Abra Trade ™ transactions,

· Performance bonus for all Abra Earn ™ funds,

· Negative loan interest (lower effective rates) for any Abra Borrow ™ loan,

An ignition reward for new users who fund their account,

Referral rewards for inviting friends who fund their Abra accounts, and

Awards recognizing historical use by existing Abra users

Users can hold (or “stake”) CPRX tokens for additional benefits or exchange them through Abra Trade for Bitcoin, Ethereum, USDC or other assets supported by Abra. During the token launch scheduled for November 15 by the CBA, Abra expects CPRX to be listed on several DEX cryptocurrency exchanges and liquidity pools. The ABC is expected to announce the details of the initial exchanges supporting CPRX throughout the fourth quarter of 2021.

As a launch promotion, Abra will be offering CPRX Rewards Accelerators. Details of the promotion will be announced in the coming days.

The symbolic economy is booming. We wanted to find a unique way to reward our loyal customers through this new token economy while doing something totally unique. Crypto Perx represents the perfect opportunity to do just that, ”said Bill Barhydt, Founder and CEO of Abra. “This new program allows us, through this unique partnership with CBA, to reward our customers for their loyalty, to strengthen the innovative products that we launched this year and to change the future of the bank. We are committed to growing our Abra community and this partnership with CBA offers Abra users a unique and revolutionary way to take advantage of the new token economy.

The CPRX utility token is the backbone of the Abra Perx program, designed to maximize the performance of Abra customers and recognize them for their loyalty while creating new opportunities for engagement on the Abra platform. The program, available to all Abra customers, rewards users with CPRX tokens for a wide range of account activities, including account creation, referrals, and use of Abra products.

Abra is a true pioneer in crypto wealth management and his client-centric crypto banking strategy makes him the ideal launch partner for CPRX in the wallet space, ”said Julian Hardy, Founder and CEO of Crypto Banking Alliance. “We are excited to help them provide their loyal customers with exciting incentives through the token economy as they revolutionize wealth management and continue to expand access to crypto assets in a safe and secure manner. ”

The launch of Abra Perx follows Abra’s recent $ 55 million Series C funding announcement after a year of huge growth. Abra’s funding enables the company to further expand its innovative portfolio of wealth management, trading and payment offerings to the 155,000 monthly users who processed more than $ 4 billion in transactions during the past year. only year passed. Abra continued to expand its wealth management services as the company’s revenues more than increased tenfold, while its services – Abra Trade and Abra Earn – grew from zero to $ 1 billion in assets under management, without any defect.

For more information about Abra and to download the app, please visit: https://abra.com/.

ABOUT ABRA

Abra is the leading wealth management platform for crypto. Abra’s mission is to create a simple and honest platform to help the next billion crypto holders maximize the potential of their crypto assets. Founded in 2014 by Bill Barhydt, Abra users earn high returns on their crypto assets, trade over 100 different crypto currencies, and borrow dollars for crypto holdings. Abra has processed over $ 1 billion in cryptocurrency-backed loans and made millions of dollars in interest payments to retail and institutional clients. Abra has raised over $ 75 million in venture funding from American Express, Foxconn, Blockchain Capital, RRE Ventures, Digital Currency Group, and other top investors. For more information visit https://www.abra.com/

ABOUT CRYPTO BANKING ALLIANCE

The Crypto Banking Alliance, formed in Zug, Switzerland, under the name Auriga Alliance AG, was established to promote the secure and transparent application and adoption of cryptocurrency technologies as an essential component of the future of banking platforms. The Alliance aims to educate the public on the opportunities offered by cryptocurrencies and decentralized finance (“DeFi”) on the future of banking. The Alliance will provide educational tools, promotional programs, technology tools, code samples and frameworks for the safe and ethical adoption of DeFi technologies such as cryptocurrencies and smart contracts. Our vision is a global movement towards decentralized financial systems that align community and personal agency in a way that allows global access to all who wish to participate.


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