Illinois is in the works for building new infrastructures with a $41.5 billion budget over the next six years. State governor J.B. Pritzker plans to rebuild bridges, schools, roads and other facilities that have been in ‘dire shape’. The plan...
Ford Motor Co. is eliminating about 10% of its global salaried workers or 7,000 employees. This move is part of the company’s plan for global restructuring, saving about $600 million annually. The recent announcement was made by CEO Jim Hackett...
Credit-card delinquency rates in the US are rising, especially among the young people who can open a credit card more quickly than a decade ago, according to a new report by the Federal Reserve Bank of New York. Overall, 5.04%...
American Express has announced its plan to acquire Resy, a New York-based CRM and reservation platform. The financial service company's move is the latest in the industry to expand beyond its traditional points loyalty program by providing its customers with...
Twenty of credit unions around Ireland are set to roll out a new home improvement funding scheme, called the “Pro Energy Homes Schemes.” The said upgrade is a collaboration between the Solutions Centre, a support unit for credit unions, the...
The recent flooding and bouts of severe weather have led farmers living in the midwest to suffer financially. The inability of farmers to make farm loan repayments on time due to low income in the first quarter urged banks...
Two powerhouses, Bernie Sanders and Alexandria Ocasio-Cortez, come together to help put a cap on credit card interest. The two plan to cap the rates at 15%. Last Tuesday, May 7, 2019, the two lawmakers announced a special plan that...
Most Americans are not taking advantage of applying for travel credit cards that can allow them to travel for free, a new survey revealed. The U.S. News Summer Travel Survey found that a little more than half (54%) of Americans...
A vote conducted by San Francisco officials on Tuesday resulted in the banning of retailers which only accepts credit card reports The Associated Press. This new policy includes physical (brick-and-mortar) stores. This move seeks to outlaw the ‘growing paperless...
Criminals have a new target when it comes to swindling Americans over the phone. A new report claims that there have been scammers pretending to be a federal tax representative to get money and personal information of consumers. In the past,...

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