May 2, 2022

https://ift.tt/iFa5OI6 Here is another monthly update on framing lumber prices.   This graph shows CME random length framing futures through May 2nd. Lumber was at $1,035 per 1000 board feet this morning.   This is down from the peak of $1,733, and down from $1,670 a year ago – but up sharply from $361 two years ago.

https://ift.tt/M9D02xf Topline Stocks finished slightly higher on Monday, attempting to find their footing after last week’s brutal sell-off, but Wall Street experts warn that even after the market’s worst month since the onset of the coronavirus pandemic in March 2020, investors should be wary of more volatility ahead. Investors should brace for more uncertainty this

https://ift.tt/Jkz8nhv Topline With Tesla billionaire Elon Musk pledging to slash costs at Twitter, starting with executive and board salaries, though Forbes found they don’t seem unusually high compared to rival social media companies. Musk has publicly criticized how much Twitter pays its board of directors and executives. Illustration by Forbes, Photo by Michael A. McCoy/Getty

https://ift.tt/Blud7v1 According to NextEarningsDate.com, the Under Armour UAA UAA next earnings date is projected to be 5/6 before market open, with earnings estimates of $0.05/share on $1.32 Billion of revenue. Looking back, the recent Under Armour earnings history looks like this: UAA tickertech The company has an impressive long-term earnings per share chart: UAA tickertech

https://ift.tt/8hsoWAK Topline Fresh off the stock market’s worst quarter since the Covid-induced downturn two years ago, many experts still aren’t convinced a recession is in the cards this year, but some are warning the risks could keep rising through next year as the Federal Reserve eases stimulus measures—signaling more bad news for stocks. Federal Reserve

https://ift.tt/NwpociB MIAMI BEACH, FL(Photo by Cliff Hawkins/Getty Images) Getty Images Mortgage rates in the United States are rising quickly, yet a Miami startup is racing to securitize home loans with cryptocurrency. No down payment is required. Milo, a Florida-based digital bank, is now using digital coins to secure hard assets. The larger plan is to

https://ift.tt/XmhfUYB This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Big deals always pose risk. This one is different. Elon Musk, who submitted the letter to buy Twitter in April, effectively rolled the dice to land the

https://ift.tt/cwoAEjI Thousands of financial institutions will be able to simplify and accelerate the enablement of real-time payments for consumers and businesses as the result of a collaboration between The Clearing House and Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions. Fiserv financial institution clients will be able to access The

https://ift.tt/45DmTiI Veem, a leading provider of global B2B payment solutions, today announced the rollout of new functionalities including enhanced card options and faster ACH, allowing small businesses more flexibility in how they pay and get paid to manage cash flow. Credit cards are an essential tool for small businesses to manage cash flow and Veem

https://ift.tt/T1qPYk3 Today, in the Calculated Risk Real Estate Newsletter: Black Knight Mortgage Monitor for March: "Home Affordability Nears All-Time Low" A brief excerpt: Note: Black Knights data on affordability goes back to 1996. This doesn’t include housing in the 1980 period when 30-year mortgage rates peaked at over 18%. And on the payment to income

https://ift.tt/UwAaPre From the Census Bureau reported that overall construction spending increased 1.3%: Construction spending during March 2022 was estimated at a seasonally adjusted annual rate of $1,730.5 billion, 0.1 percent above the revised February estimate of $1,728.6 billion. The March figure is 11.7 percent above the March 2021 estimate of $1,548.6 billion. emphasis added Private

https://ift.tt/5pHVN3r Monthly Budget Plan for Expenses and Money getty One of the market’s most secure, steady sources of generous yield is going through a rare turbulent moment. But these 7% to 8% yields—paid monthly, no less!—are selling at discounted prices we only see once every five years or so. Is it time for us contrarians

https://ift.tt/aTe0QcH (Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 55.4% in April, down from 57.1% in March. The employment index was at 50.9%, down from 56.3% last month, and the new orders index was at 53.5%, down from 53.8%. From ISM: Manufacturing PMI® at 55.4% April 2022 Manufacturing ISM® Report

https://ift.tt/Yos0FlL The European Commission has charged Apple with restricting access to the NFC chip technology that enables iPhone users to make payments. In 2020, the EC opened an antitrust investigation into Apple Pay which among other things looked into the company’s refusal to open up access to its NFC chip to other payment service. Apple

https://ift.tt/lsm28OY Rui Chen, the billionaire chairman and chief executive officer of Bilibili, speaks during the … [+] company’s initial public offering (IPO) at the Nasdaq back in 2018. Photographer: Michael Nagle/Bloomberg © 2018 Bloomberg Finance LP Bilibili, one of China’s most popular social media, trimmed its forecast for first-quarter revenue today, but also disclosed a

https://ift.tt/Epj6bg8 The logo for Phillips 66 gasoline is shown on a sign topping an old gasoline pump on display outside … [+] a store Tuesday, May 25, 2021, in the gambling hot spot of Deadwood, S.D. (AP Photo/David Zalubowski) ASSOCIATED PRESS Recap from March’s Picks On a price return basis, the Safest Dividend Yields Model

https://ift.tt/XI6ivzS The Cisco Systems logo is displayed at the Mobile World Congress (MWC) in Barcelona on February 25, … [+] 2019. – Phone makers will focus on foldable screens and the introduction of blazing fast 5G wireless networks at the world’s biggest mobile fair starting February 25 in Spain as they try to reverse a

https://ift.tt/euM5yiq Amadis, a leading payment software and consulting provider, today announced a partnership agreement with Softpay.io to provide its Universal EMV Level 2 Framework & pre-certified Kernels for integration into Softpay’s new Tap-to-Pay service. Softpay’s revolutionary Tap-to-Pay service can be downloaded into any Android device and turn into a full payment card acceptance terminal. Softpay’s

https://ift.tt/KCWGHeY Australia’s Hay Group is launching Shaype to redefine what is possible in financial innovation, fintech and embedded financial experiences. Since launching the Hay as a Service (HaaS) offering in 2020, the team and the platform’s capabilities have grown and evolved reflecting the strong demand from clients for better financial innovation solutions. The key attributes

https://ift.tt/zG0Ar4E Tracking existing home inventory is very important in 2022. Inventory usually declines in the winter, and then increases in the spring. Inventory bottomed seasonally at the beginning of March 2022 and is now up 21.2% since then. Click on graph for larger image in graph gallery. This inventory graph is courtesy of Altos Research.

https://ift.tt/guvRQ6x Navient has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among shares of financial companies, NAVI displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NAVI share price of $15.89 represents a price-to-book ratio

https://ift.tt/OwgXxqB These indicators are mostly for travel and entertainment.    It is interesting to watch these sectors recover as the pandemic subsides.  Note: Apple has discontinued "Apple mobility", and restaurant traffic is mostly back to normal. —– Airlines: Transportation Security Administration —–The TSA is providing daily travel numbers. This data is as of May 1st.

https://ift.tt/GqPukjo The Fidelity Stack in Decentraland Source: Fidelity OBSERVATIONS FROM THE FINTECH SNARK TANK Fidelity Investments launched a metaverse presence called the Fidelity Stack which includes a dance floor, rooftop sky garden, and a game called the Invest Quest that: “Provides a gamified financial education experience in Decentraland. Users are challenged to traverse the building

https://ift.tt/0hBzogJ Why crypto marketing is so important for blockchain projects in 2022? In the fast-changing world of crypto and blockchain, crypto marketing is more important than ever. With so many innovative new projects launching on a daily basis, crypto marketers are tasked with not only getting their companies’ names out there, but also explaining what

https://ift.tt/GZC53av One of UK’s biggest commercial landlords sells out of offices in capital and reinvests in regional developments Financial Services

https://ift.tt/OrIxDd0 B Capital—an investment firm led by Facebook cofounder Eduardo Saverin and former Bain Capital executive Raj Ganguly—won’t pursue an earlier plan to launch a special purpose acquisition company (SPAC), joining a growing number of companies pulling the plug on such deals amid surging market volatility. “We’ve looked at the option to do our own

https://ift.tt/WfoV1Y3 For the fourth straight week, major U.S. stock market averages took brutal beatings. The S&P 500 Index sank 3.3% on the week and finished April with a decline of 8.8%, the worst month for the index since March 2020, and on par with the tumultuous month of October 2008 during the darkest days of