May 5, 2024
Banking

Threads expands its keyword muting feature’s ‘hidden words’ to feeds, searches, and profiles

Apr 26, 2024 11:46:00 Adam Mosseri, head of Threads and Instagram, announced that the ‘hidden words’ feature, which previously only applied to replies, will now be expanded to filter unwanted keywords from feeds, searches, and profiles. To access ‘Hidden Words’, open the Settings page in the app. Tap ‘Privacy Settings.’ Tap ‘Hidden words.’ Tap ‘Manage

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Loans

Upstart Unveils Custom Loan Tool for Banks and CUs

Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking a loan and make them an offer of credit, Upstart said in a Thursday (April 25) news release. “In the current economic environment, lenders are

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Investment

Barclays’ investment bank stutters as fixed income trading tumbles 21%

Barclays’ investment bank stuttered in the first quarter, failing to follow rivals’ sharp dealmaking gains as revenue from fixed income trading tumbled by 21%. The UK lender, which has been looking to reduce reliance on its investment bank under a strategic shift unveiled in February, brought in revenue of £3.3bn for the unit, which was

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Mortgage

‘I got frustrated and gave up’: High mortgage rates keep some Utah homebuyers on the sidelines

SALT LAKE CITY — It’s a difficult time for Utah homebuyers as high mortgage rates are keeping some of them on the sidelines. Mortgage rates sat at nearly 7.4% nationally as of Wednesday afternoon, according to Mortgage News Daily. That’s a difference of hundreds of dollars in monthly payments on a typical Utah home compared

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Investors

Walmart Investors Expect Stiffer Competition in Grocery Sector

Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves that UBS analyst Michael Lasser said showed that investors interpret Amazon’s announcement as a sign of greater competition, Seeking Alpha reported Wednesday (April 24). The new Amazon program offers a delivery

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Crypto

Square and Cash App Collaborate on Bitcoin Conversions

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The rollout of this new Bitcoin Conversions feature began Wednesday (April 24), Block said in an email to PYMNTS. “Block believes that bitcoin is an instrument of economic

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Loans

Odessa Launches Originations Platform, Plans Auto Finance Suite

Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in a Wednesday (April 24) press release. “Odessa’s deep asset finance experience enables the company to offer state-of-the-art auto origination technology on Day 1,” Robert Johnson, executive vice

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Funds

Georgetown County marina nets federal funding for dock improvements

GEORGETOWN, S.C. (WMBF) – State officails say a Georgetown-area marina recently received federal funding for improvements. The South Carolina Department of Natural Resources said the Heritage Plantation Marina will get $736,336 to improve its dock space as part of the Boating Infrastructure Grant (BIG) program. “Using money from excise taxes on fishing equipment, motorboat and

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Property

RedAwning acquires STR property management startup Awning

RedAwning, which offers marketing, revenue management and guest experience tools for more than 20,000 short-term rental properties, independent hotels and inns, has acquired Awning, a startup offering a complementary solution. Financial terms of the deal are not being released, but a RedAwning spokesperson said it has hired more than 50 Awning employees. Awning’s founders will

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Investment

Agriculture officials host local farmers to unveil new investment plan

State and federal agriculture officials made a stop in Erie County Tuesday to stress the importance of farming while hearing concerns from local growers. A roundtable discussion highlighted the efforts of the USDA to create additional income opportunities for producers and entrepreneurs. USDA announces over 700 clean energy projects during Earth Day visit to Erie

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