Month: June 2020

In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO Score and allow lenders to take into account an individual’s resiliency as they arrive at credit decisions, according to an announcement. FICO said lenders will many times contend with economic uncertainty by … Continue reading FICO Unveils Resilience Index Amid Uncertain Economic Conditions Continue Reading →

Lululemon has entered into an agreement to buy in-home fitness company MIRROR for $500 million, according to a Monday (June 29)  press release. MIRROR, launched in 2018, specializes in interactive classes and features live and on-demand services. The company has seen an upshot in growth since then, with demand increasing steadily. The MIRROR device, when turned off, looks … Continue reading Lululemon Enters Deal To Buy Interactive Fitness Firm MIRROR Continue Reading →

Architecture studio Sārānsh used a range of materials to create a rich sense of tactility inside this family home in Ahmedabad, western India. VS House is situated on the fringes of the city of Ahmedabad. It was built seven years ago as a four-bed home but has been reconfigured by Sārānsh. Now it hosts three bedrooms and more expansive living spaces. … Continue reading Timber and Indian stone tiles feature inside VS House in Ahmedabad Continue Reading →

With prices ranging from $2,495 to $8,995, these packages should add way more off-road cred to your factory-fresh Ranger. So, after a year or so of watching and waiting and thinking and saving, you decided to ante up and order a brand-new Ford Ranger. Only, in stock form, it’s a little bland-looking for your tastes. What … Continue reading Ford Ranger is getting 3 off-road performance accessory packages Continue Reading →

Never has disinfecting and killing germs in businesses at home been more on the minds of people than it has during the coronavirus pandemic. For many years hospitals and other medical facilities have used UV light to kill germs and bacteria to keep people from getting sick. A new robot created by MIT’s CSAIL is … Continue reading CSAIL robot disinfects a warehouse facility using UV-C light Continue Reading →

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times as large. CNBC reports that nearly half of the population is jobless. The employment-population ratio, the number of employed people as a percentage of the U.S. … Continue reading Report: US Jobless Rate Surpasses 47 Pct Of Population Continue Reading →

WEX has reported a $400 million investment from a partner of Warburg Pincus, which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. Melissa Smith, WEX’s chair and CEO, said the company plans to fortify its balance sheet while remaining in a strong business relationship with Warburg Pincus, … Continue reading WEX Gets $400M From Warburg Pincus To Boost Operations Continue Reading →

After years of debate about the U.S. Consumer Finance Protection Bureau (CFPB)’s legality, the U.S. Supreme Court ruled 5-4 on Monday (June 29) that the Obama-era agency’s structure is unconstitutional — although the body can continue if changed from its current form. The issue at hand in Monday’s ruling was whether a U.S. president has … Continue reading Supreme Court Rules CFPB Structure Unconstitutional Continue Reading →

In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO Score and allow lenders to take into account an individual’s resiliency as they arrive at credit decisions, according to an announcement. FICO said lenders will many times contend with economic uncertainty by … Continue reading FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty Continue Reading →