May 2022

Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please review our website policy before making any financial decisions. The Federal Reserve is trying to stamp out inflation without pushing the…

Prudential Bancorp, Inc. (NASDAQ:PBIP - Get Rating) benefited from significant growth in short-term interest rates in April. As of April 30, there were short interests totaling 47,800 shares, a growth of 23.2% from the total of 38,800…

Like most English-speaking countries, house prices in Canada have skyrocketed during the pandemic, climbing 32% since February 2020 according to Teranet: The price spike was led by Canada's largest city, Toronto, where prices jumped 37%…

The demand for personal loans has disappeared lately. The recent report from CRIF High Mark (a credit bureau) indicates that personal loans saw 4X growth in creations (volume) from 39.9 lakh accounts in FY19 to 158.1 accounts lakh during…

The Federal Reserve recently announced that it was raising interest rates by half a percentage point, bringing the federal funds rate to a target range of 0.75 to 1.00%. The move follows a 0.25% increase in March as the…

Rajiv Kumar takes office as India's 25th Chief Electoral Commissioner at Nirvachan Sadan in DelhiPhoto: ANINew Delhi: Former Finance Secretary Rajiv Kumar took office as the 25th Chief Election Commissioner (CEC) on Sunday and the first big…

Canceling at least some student loan debt is one of the few popular policy ideas that President Biden could implement on his own with the stroke of a pen. A recent national tracking poll from Morning Consult and Politico found that 64% of…

Experts predict tough times ahead for Aam Aadmi on the inflation and EMI fronts. They predict that inflation is likely to remain at the upper threshold of over 7% until September and will fluctuate between 6.5% and 7% beyond that. Next,…

As the Federal Reserve begins to withdraw the punch bowl and raise interest rates, will competition for deposits reassert itself through new digital channels or has our relationship to savings changed? for ever ? The last time…

Randall Williams/iStock Editorial via Getty ImagesIntroduction Some of the smaller regional banks piqued my interest and I kept an eye on Timberland Bancorp (NASDAQ: TSBK) for about 18 months now. I have a small long position in…

The ED has charged a former Indian Overseas Bank branch manager and others in connection with a money laundering investigation in connection with an alleged multi-crore bank loan fraud that took place in Andhra Pradesh, the agency said on…

So when the RBA raised interest rates by a quarter of a percentage point on Tuesday, the cost of borrowing money, in the overnight market from other banks, also increased by 0 .25%.This overnight rate is the anchor for all other short-term…

New Delhi: A former chief executive of Andhra Bank, a promoter of an Andhra Pradesh-based company and others have been named in an indictment by the ED in a money laundering case linked to a case alleged multi-crore bank loan fraud. The…

Stocks are crashing, a cost of living crisis is in full swing and the specter of a global recession looms. But you wouldn't know that by looking at wealthy country property markets, many of which continue to break records. Homes in…

Refinancing fees in 2021 were less than 1% of loan closing costs. This was well below the closing costs of buying. The second annual CoreLogic Refinance Closing Costs Report indicates that the national average closing costs for a single…

Second Annual Refinance Closing Costs Report Shows Mortgage Refinance Closing Costs Increased 3.8% in 2021Comparatively, the closing costs of buying a mortgage increased by 13.4%IRVINE, Calif., May 9, 2022--(BUSINESS WIRE)--CoreLogic's…

With fixed rates rising rapidly, the number of borrowers choosing to secure their home loans has plummeted.The latest ABS lending indicators released this month show that the proportion of fixed loans funded in March was just 22%; down…

Burnley caretaker manager Mike Jackson has insisted nothing will change in his approach after the Clarets suffered their first defeat under his management to reignite relegation fears at Turf Moor.Jackson had taken 10 points from a…

There's one age group and one state that will be hit the hardest by cash rate hikes — and it's no surprise who will fare the most.The market expects official interest rates to reach 3% by the end of the year. That's a huge jump from…

An increase in consumer borrowing is fueling fintech efforts to expand the reach of their lending operations. Credit card spending rose at least 20% in the first quarter at each of the big four banks, and the origination of personal loans…

Frank Lampard has insisted his immediate priority is to fight for everyone at Everton Football Club after he landed a misconduct charge from the FA. Lampard has been charged over comments he made about Stuart Attwell's performance in the!-->…

The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point in an effort to rein in inflation, which is at its highest level in four decades. This is the biggest move in the…

Foreign Secretary Marise Payne announced more than 100 additional sanctions against individuals linked to Russia's invasion of Ukraine.Sanctions against 110 more people focus on high-ranking Moscow-backed Ukrainian separatists and Russian…

Tesla CEO Elon Musk said Tuesday that Twitter Inc may charge a small fee to commercial and government users.…

The decision by the RBA board has intensified the political fight over economic management with less than three weeks to go before the election.Morrison refrained from saying sorry Australians are facing higher costs and said the country…

Dane Scarlett's Frustration The 18-year-old Tottenham striker has had to settle for minutes here and there under Antonio Conte since the start of the Europa Conference League at the start of the season for Nuno Espirito Santo. Physically,!-->…

Prime Minister Scott Morrison ignored questions about a potential impact on the Coalition's electoral chances if interest rates rise on Tuesday. It came as cost-of-living…

Black Knight, Inc. (NYSE: BKI – Get Rating) was the target of strong short-term interest growth in April. As of April 15, there was short interest totaling 3,240,000 shares, a growth of 50.0% from the total of!-->…