News
Reeves offers support for SMEs in one of final acts – Daily Business
18+ min ago (545+ words) Chancellor Rachel Reeves has announced new measures to improve SMEs’ access to finance, one of the few initiatives she has delivered for small firms during her two-year tenure at the Treasury. While Ms Reeves has focused her attention on infrastructure…...
Major UK building society issues mortgage warning for millions
3+ day, 8+ hour ago (397+ words) Yorkshire Building Society has issued a mortgage warning as the UK faces a so-called “lost generation of homeowners”. The mutual’s latest report, ‘No way home? Restoring Britain’s Housing Ladder’, found 88% of UK adults believe homeownership is important. While 76% of people…...
Small Businesses Now Eligible for $10 Million in SBA Financing
19+ min ago (200+ words) New SBA Policy Allows Borrowers to Combine 7(a) and 504 Loans to Double Available Capital Small manufacturers, which can secure an unlimited number of 504 loans as long as each loan is tied to a distinct project, are also now eligible to apply…...
JPMorgan Says CEO Dimon ‘Fraudulently’ Included In Trump’s $5B Lawsuit, Seeks To Move Jurisdiction
8+ hour, 14+ min ago (375+ words) JPMorgan Chase & Co. (JPM) said on Thursday that U.S. President Donald Trump “fraudulently joined” its CEO Jamie Dimon as a defendant in a lawsuit solely to defeat federal jurisdiction. In a court filing, the bank moved to transfer the lawsuit to…...
Why Cannabis Dispensaries Are Investing in Commercial Cash-Handling Infrastructure
1+ hour, 12+ min ago (537+ words) Cash-handling infrastructure is the coordinated set of equipment and processes a business uses to count, authenticate, reconcile, and document cash reliably at scale. For dispensaries operating in predominantly cash environments, treating cash handling as infrastructure, rather than a task, is…...
Why mortgage rates don’t follow the OCR
1+ hour, 25+ min ago (842+ words) The Reserve Bank has begun raising the OCR — but Bernard Hickey is not convinced it needed to move just yet. He joins Nadine Higgins on The Prosperity Project to explain why, Keacy Carty made the Black Caps pay in Guyana....
He’s 65 With a 3.6% Mortgage and $62,000 Left. Paying It Off Before He Retires Could Feed the Social Security Tax Torpedo. - AOL
6+ hour, 46+ min ago (524+ words) Pulling $62,000 from a traditional IRA to kill a 3.6% mortgage can trigger Social Security taxation, federal income tax, and higher 2028 Medicare premiums simultaneously. Social Security thresholds that push up to 85% of benefits into taxable income have not been adjusted for inflation…...
Balancing act: Why RBNZ’s rate rise may hurt before it helps
1+ hour, 25+ min ago (88+ words) Meanwhile Rich List lender offers unsecured creditors 15 to 17 cents in the dollar. A focus on security as India and NZ elevate their relationship during Modi's visit. From broker calls and Nokia phones to mobile trading and global markets, investor expectations…...
Frost Bank opens first Kerrville branch, leans on organic growth and old ties – The Kerr County Lead
1+ hour, 58+ min ago (604+ words) Frost Bank has opened its first branch in Kerrville, part of a statewide expansion strategy the bank says it has deliberately built without buying up competitors. Kevin Thompson, Frost’s Boerne market president and lead for Hill Country expansion, and Kyle…...
Dollars of Credit; Good Today, Bad Tomorrow
4+ hour, 1+ min ago (1932+ words) The Dow Jones this week made a new all-time high on Monday, but remained in scoring position for the rest of the week, within 1.40% of Monday’s BEV Zero. There are those who wished it made a few more BEV Zeros…...