Mortgage REIT Lument Finance Trust Drops To Another New Low
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Mortgage REIT Lument Finance Trust Drops To Another New Low

Lument Finance Trust Inc. (NYSE: LFT), a New York-based real estate investment trust (REIT), declined in price this week to another new 52-week low. Many REITs have been bouncing off of lows in November, but after Lument reported funds from operations of $0.01 per share earlier this month, the selling picked up. The company specializes in commercial debt investments “with a strong emphasis on the middle market multifamily sector,” according to its website. That’s a tough business right now with the Federal Reserve steadily raising interest rates and the 30-year fixed mortgage rate up above 7%. Lument trades with a…
Here’s How I Doubled My Income in One Year
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Here’s How I Doubled My Income in One Year

Image source: Getty Images You’ll never know what you can achieve if you don’t try. Key points Changing careers was only the beginning of the big changes I made to my finances in the last year. Working with a financial planner did wonders for my outlook as well as my bank account. Finding the right work fit for me meant that I could invest in myself and grow as a professional and a wage earner. My finances changed more in 2022 than ever before. This was partly due to switching careers altogether in mid-2021; I went from working as a…
Realtime launches state-of-the-art, global, Web3 embedded finance platform
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Realtime launches state-of-the-art, global, Web3 embedded finance platform

Taking embedded finance to the next level OSLO, Norway, Nov. 7, 2022 /PRNewswire/ — Reltime announces today the launch of its one-stop-shop solution to fast-track embedded finance, especially designed for telecom operators, financial service providers focusing on specific target groups, neobanks, gaming and virtual sports metaverse companies, supermarkets chains, shopping malls, e-commerce firms and others with a large customer base Named FastTrack to Embedded Finance and available on one single platform anywhere in the world, Reltime enables companies to offer cutting-edge, real-time, fully-compliant (PEP, AML, low-cost eKYC, and regulatory radar) Web3 financial services to existing and new customers with 24/7/365…
Kari Lake-Linked Tech Firm Superfeed Wreaking Campaign Finance Havoc in Arizona
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Kari Lake-Linked Tech Firm Superfeed Wreaking Campaign Finance Havoc in Arizona

Questions have been raised about a series of apps that are providing information on Arizona’s conservative candidates. In fact, thanks to the Trump campaign’s ex-chief operating officer and financial patron to Arizona gubernatorial aspirant Kari Lake, the Grand Canyon State has a whole slew of them. The app Superfeed Technologies developed for Lake appears to be the most popular of the four apps which the Phoenix-based firm has developed for GOP candidates in Arizona—seemingly free of charge. More than a thousand Android users and an unknown number of iPhone holders to date have downloaded the tool, which provides regular updates…
Has Arrow Financial (AROW) Outpaced Other Finance Stocks This Year?
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Has Arrow Financial (AROW) Outpaced Other Finance Stocks This Year?

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Arrow Financial (AROW) been one of those stocks this year? Let’s take a closer look at the stock’s year-to-date performance to find out. Arrow Financial is one of 886 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a…
Elon Musk clears out Twitter bosses in bn deal
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Elon Musk clears out Twitter bosses in $44bn deal

SpaceX founder Elon Musk speaks at an event in Texas. The world’s richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of the social media firm, according to a government filing. Mr Musk tweeted “the bird is freed” and later said “let the good times roll”. The deal has prompted the departure of Twitter’s finance chief Ned Segal as well as its chairman Bret Taylor. The firm’s chief executive Parag Agrawal has also reportedly left and was escorted out of Twitter’s San Francisco headquarters. Mr Segal confirmed his departure on the social media platform. He tweeted that his time…
UK’s Rishi Sunak delays plan to plug Britain’s budget black hole
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UK’s Rishi Sunak delays plan to plug Britain’s budget black hole

PM and finance minister Hunt take ‘prudent’ decision Sunak tells cabinet: “Important to reach right decisions” Markets react, but scale of moves muted compared to September LONDON, Oct 26 (Reuters) – Britain’s new Prime Minister Rishi Sunak on Wednesday delayed the announcement of a keenly awaited plan for repairing the country’s public finances until Nov. 17, two-and-a-half weeks later than previously planned. The postponement, Sunak’s first policy decision since taking over from Liz Truss on Tuesday, briefly raised British borrowing costs in financial markets but there was no repeat of the panic bond selling caused by Truss’s September tax-cutting plan.…
UK’s Lloyds ditches project finance for new oil and gas fields
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UK’s Lloyds ditches project finance for new oil and gas fields

Oil and gas industry covers 0.2% of Lloyds loans Policy covers project finance, reserve-based lending Lloyds move come amid growing pressure before COP27 LONDON, Oct 20 (Reuters) – Britain’s biggest domestic bank Lloyds (LLOY.L) said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry . Lloyds updated its climate policy to make the change, which bars project financing or reserve-based lending to greenfield oil and gas projects, although the policy would still mean it could provide general lending to…