Rising Mortgage Rates Shut 1.4M Out of Refinance Market: Black Knight

Mortgage interest rates have been rising all year, potentially shutting first-time home buyers out of the market. But the increase in mortgage rates is also affecting homeowners looking to refinance, with more than 1 million now unable to get into a cheaper loan product. That’s according to data analytics company Black Knight, […]

Tougher Rules And Higher Rates: What’s Next For The Mortgage Market?

It all began last October, when federal Finance Minister Bill Morneau announced several new regulations aimed at ensuring that Canadian borrowers only take on mortgages they can afford, including enforcing that all insured borrowers qualify for loans based on the five-year posted mortgage rate. These regulations were meant to slowly decrease […]

Monopolies, Arbitrary Prices, and Non-Existent Service: Who’s Going to Fix India’s Broadband Market?

In India, there are barely a handful of companies that can claim to offer broadband services across the country. In the big cities, you have a few other local players. Some of these, such as ACT Fibrenet have launched gigabit services, and are growing fast. The company’s broadband services are […]

China live streaming Would-be internet stars boost billion-dollar market

Jing Qi, a part-time presenter on the live streaming platform Huajiao, underwent cosmetic surgery in March to improve her chances of becoming an internet celebrity. After five hours of rhinoplasty and facial fat injections that left her with gauze covering her nose, eyes, forehead and cheeks, the 27-year-old said she […]

Pepsi’s ad failure shows the importance of diversity and market research

At last year’s Cannes Lions Festival, PepsiCo’s president Brad Jakeman energetically talked up its decision to form Creators League Studio, a new in-house content creation arm. Laying down the gauntlet to ad agencies, he barked: “Instead of five pieces of content a year, a brand like Pepsi needs about 5,000 […]