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November 30, 2021

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Report: Denver’s average rent now more than the median mortgage payment

USA TODAY – For more and to sign up click here Robert Davis, The Center Square contributor Denver’s average rent is now greater than the city’s median mortgage payment, according to the latest monthly market data from Seattle-based real estate company Redfin. According to the data , Denver’s average rent......

Nov. 29 is the final day to make changes for the last child tax credit payment this year

CNBC
CNBC – For more and to sign up click here Time is running out for families with kids to make any changes to information the IRS has on file for their last child tax credit payment of the year. Families have until Monday, Nov. 29, to reach out to the......

How a government shutdown would affect your Dec. 15 child tax credit payment

CNBC
CNBC – For more and to sign up click here lisegagne | E+ | Getty Images Millions of American families with kids are set to receive the last of six advance monthly child tax credit payments Dec. 15. Yet, just a few days earlier, Dec. 3, the U.S. government is......

‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans

CNBC
CNBC – For more and to sign up click here The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on......

Yellen extends U.S. default deadline to Dec. 15 after highway payment

Reuters
Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERS WASHINGTON, Nov 16 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday extended a deadline for a potential U.S. government default to Dec. 15 from Dec. 3, giving Congress......

As November child tax credits are delivered, parents have one last chance to sign up for advance payment

CNBC
CNBC – For more and to sign up click here How has your family spent or saved the advance child tax credits? Email senior money reporter Alicia Adamczyk for a chance to be featured in an upcoming article. The fifth advance child tax credit (CTC) payment is being disbursed by......

Apple can’t delay App Store payment changes, judge rules in Epic Games case

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CNBC – For more and to sign up click here Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple will be forced to allow app developers to link out......

Investors await Evergrande’s overdue $148 million payment amid contagion fears

Reuters
A man rides an electric bicycle past the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC developed by China Evergrande Group, in Guangzhou, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Nov 10 (Reuters) – The uncertainty ahead of Wednesday’s deadline for cash-strapped China......

Chinese developer Kaisa unit misses payment, debt worries mount

Reuters
A construction site by Chinese property developer Kaisa Group is seen at an area of downtown Shanghai, February 17, 2015. REUTERS/Carlos Barria SHENZHEN, China/HONG KONG, Nov 4 (Reuters) – Chinese property developer Kaisa Group Holdings Ltd (1638.HK) said on Thursday its finance unit had missed a payment on a wealth......

Former FIFA Officials Face Fraud Charges Over Secret Payment

New York Times
Tariq Panja More than six years after their ouster amid a mushrooming soccer corruption scandal, the former FIFA president Sepp Blatter and a one-time ally were indicted on fraud charges on Tuesday by the authorities in Switzerland, who accused the men of arranging a secret $2 million payment. The office......

Stablecoins are a compelling payment option, but they need to be regulated, Biden administration report says

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CNBC – For more and to sign up click here Janet Yellen, U.S. Treasury secretary, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 28, 2021. Kevin Dietsch | Bloomberg | Getty Images Stablecoins, a popular type of digital asset pegged to......

GOP Senator Toomey debuts bill to protect broker revenues, payment for order flow

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CNBC – For more and to sign up click here Pat Toomey (R-PA) speaks during a news conference to introduce the Republican infrastructure plan, at the U.S. Capitol in Washington, April 22, 2021. Erin Scott | Reuters Sen. Pat Toomey will on Thursday introduce legislation to protect a controversial practice......

China’s Modern Land misses bond payment; property shares drop

Reuters
Men work at the construction site of a highrise building in Beijing, China, October 18, 2021. REUTERS/Thomas Peter Modern Land cites liquidity issues for non-payment State planner, forex regulator meet with overseas issuers Hang Seng mainland property index falls more than 5% HONG KONG/SHANGHAI, Oct 26 (Reuters) – Modern Land......

China Evergrande makes a payment before a default deadline, state media says.

New York Times
New York Times – For more and to sign up click here HONG KONG — China Evergrande, the troubled property giant that is teetering on the edge of collapse, appears to have bought itself a little more time. On Friday, the world’s most indebted property developer made an $83.5 million......

China Evergrande lines up funds for interest payment to avert default -source

Reuters
Evergrande remits funds for interest payment to trustee -source Company faced end of 30-day grace period for payment on Oct. 23 Evergrande shares jump, drive gains in other developers Next 30-day grace period expires Oct. 29 for Sept. 29 payment HONG KONG/SHANGHAI, Oct 22 (Reuters) – China Evergrande Group (3333.HK)......

Evergrande sends funds for its $83.5 million bond interest payment, says Chinese media

CNBC
CNBC – For more and to sign up click here China Evergrande Group started returning a small portion of the money owed to buyers of its investment products, weeks after people protested against missed payments at its Shenzhen headquarters, pictured here on Sept. 30, 2021. Gilles Sabrie | Bloomberg |......

Chinese developer misses bond payment as stress spreads beyond Evergrande crisis

CNBC Real Estate
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images On the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s property market after one developer failed to make a bond payment on Tuesday. Ratings agencies......

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