Finance

New Federal Housing Finance Agency Rule Rescinded Following Backlash

A new rule from the Federal Housing Finance Agency (FHFA) to raise mortgage fees for those with higher credit at the benefit of those with lower credit has recently declined following backlash from over 26 states. After the rule was proposed in January, many borrowers were pushed back, criticizing the decision as unfair and encouraging others to maintain their credit scores irresponsibly. In response to criticism, FHFA Director Sandra Thompson said, “Some updated fees are higher and some are lower, in differing amounts. They do not represent pure decreases for high-risk borrowers or pure increases for low-risk borrowers. Many borrowers…
Business News

Tucker Carlson leaves Fox News days after Dominion lawsuit settlement

April 24 (Reuters) – Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for $787.5 million a defamation lawsuit in which Carlson played a starring role roles. The outspoken Carlson embraced conservative issues and delivered his views with a style that made his prime-time show, “Tucker Carlson Tonight”, the highest-rated cable news program in the key 25-to-54 age demographic on the most-watched US cable news network. Shares of Fox closed 2.9% lower on the news, which the company announced on Monday. Dominion Voting Systems…
Business Plan

Don’t make these common mistakes when starting a business

Becoming an entrepreneur is an exciting undertaking, but it can be difficult to get your new company off the ground — even with a great business idea. About 18% of startups won’t make it through their first year, and only 50% will last beyond five, according to Bureau of Labor Statistics data. While you can’t anticipate and prepare for every potential hurdle your business may face, there are strategies to help set your business up for long-term success. Here, business owners and industry experts share some of the most common mistakes startups make and tips to avoid them. 1. Starting…
Small Business

Halifax small businesses told to relocate to make way for Robie Street bus lanes

Halifax is proceeding with plans to widen Robie Street and implement a transit corridor on both sides from Young to Quinpool, but two small business owners say the project is moving forward at their expense. Princess Octavious Gbana, owner of P3 Hair and Beauty Supplies, and Mark Giffin, owner of The Coastal Cafe next door, say they have received letters from the landlord they share informing them they’d have to move out by Aug. 31 because the city had purchased both buildings. “It was shocking,” Gbana said on Thursday. “I felt like it wasn’t enough time, so I went into…
Finance

Canadian oil in a good place, says BMO’s top energy banker

Breadcrumb Trail Links Oil & Gas News energy Commodities Near-term picture for the industry will likely be characterized by volatility Author of the article: Bloomberg News Kevin Orland Published April 04, 2023 • Last updated Apr 04, 2023 • 2 minute read Canada’s three main unconventional fields — the Montney, Deep Basin and Duvernay — “are still going strong, and obviously the oilsands are the big producer in the room, and there’s very little risk for their resources,” said Bradley Wells, head of energy for BMO Capital Markets. Photo by Jeff McIntosh/The Canadian Press Article content The flagging productivity of…
Finance

The top 4 questions to add to your Business Travel tender in light of the pandemic

The current global pandemic has had an impact on all of our lives in some way and will inevitably influence the evolving shape of business travel as we look forward to being able to travel more freely in the not too distant future. There is no doubt that your business will now have lots more to consider as your employees start to hit the road again and it’s crucial that as you start to look at travel again, you ask the right questions within your tender to make sure your new supplier can fully support you in these uncertain times.…
Business News

Does Canada really need a digital loonie?

The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar. “We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point where we need help from Canadians, we need to understand what Canadians want.” And yet the bank maintains there is neither a need nor a plan to launch a digital loonie. So, why bother with the public consultations at all? Rogers says more transactions are…
Small Business

Of Renew Your House Improvement Contractor Registration

Home Improvement Where To Observe And Stream Extending one’s home with rooms added to the side of 1’s home or, generally, additional levels to the unique roof. Richardson was provided $25 million to do a ninth season; Allen was supplied double that. The two declined, and Home Improvement ended after eight seasons and 203 episodes. S seventh season till Tim’s last line within the sequence finale—the final two words ever spoken on the present. Beginning in season 2, Home Improvement began each episode with a cold open, which features the show’s emblem in the course of the teaser. From season…