Klarna/Apple Upgrade Klarna is the leasing provider behind the Apple Upgrade program, a new hardware leasing option available from Apple in the United States. Apple Upgrade offers a new way to pay for eligible iPhone, Mac, iPad, and Apple Watch. Customers can select from 12- and 24-month leasing options for iPhone and Apple Watch, and […]
Dearness Allowance (DA) is a percentage of basic salaries aimed at addressing the impact of inflation for government employees and pensioners. Reviewed twice a year, new announcements are usually made in March and October, with rollouts in January and July. Notably, the latest DA hike was announced in April by the Finance Ministry which increased […]
A limited purpose trust company is chartered under the bank and trust company provisions of New York banking law but without the general power to take deposits or make loans, according to the NYDFS website. PYMNTS reported in February that trust charters can support custody and fiduciary-style activity, which is often the point for crypto, […]
Housing executives on this week’s Walker Webcast Healthy population growth is essential to a strong housing market. In the U.S., however, trends are shifting. On this week’s Walker Webcast, hosted by Ivy Zelman, Walker & Dunlop executive vice president of research and securities, housing leaders said the country’s falling replacement rate reveals a cultural shift that is reshaping demand for […]
The average American eats nine pounds of avocado every year, according to the Wall Street Journal. One special day of the year might have something to do with that: National Avocado Day. Here’s a roundup of the avocado deals that will “guac” your world as the holiday hits this Friday, July 31. Chipotle Mexican Grill […]
Mac revenue jumped 29 percent despite supply constraints. Apple highlighted customers using its computers for a surprising reason.
In 1993, James Carville, an advisor to President Clinton, mused that if he were reincarnated, he wouldn’t choose to return as an elite athlete or historic figure—he’d come back as the bond market. “You can intimidate everyone,” he reasoned. At the time of writing, 30-year Treasuries remain over 5.1%. Yields tipped over 5.2%—a benchmark that […]
A new company brings a new name. Two months after multifamily giants AvalonBay Communities and Equity Residential merged to form one of the country’s largest real estate companies — the total enterprise value is calculated at $71 billion — the two firms announced Friday that their new company will be called Vivmark Residential. SEE ALSO: […]
An Atlanta-based real estate investment firm is adding $1B in warehouses and distribution centers to its portfolio from Blackstone’s Link Logistics. Stonemont, in a joint venture with Los Angeles-based PCCP, bought a 38-building portfolio totaling 5.9M SF in markets including Austin, central Florida, Charlotte, Dallas and Phoenix, the company announced in a Wednesday press release. The projects add to […]
LPL Financial said its recruited assets were $25 billion during the second quarter, up 35% from a year ago and about 47% sequentially, as the firm’s recruiters return to their organic recruiting efforts. The firm has recruited $89 billion over the trailing 12-month period, the company reported. LPL is on track to complete the conversion […]