Experts Expect a Crisis in Credit as More Companies Default
Matt Eagan from CNN Business reports that more companies are expected to default on their debts. This comes after global corporations such as Toys...
Loan Demand Slows Down in Fourth Quarter of 2018
The Federal Reserve recently announced the weakening of demand for loans among US businesses and households within the last quarter of 2018, a survey...
Wealth Investments to Further Cannabis Industry
President Trump has signed the United States Farm Bill into law last December 20, 2018. Following this step towards Cannabis legalization, the wealth investment...
Customers Can File Claims for Damages from Severe Winter
Residents in areas hit by the severe cold snap can file for an insurance claim, an insurance expert said.
Chief claims counsel for American Property...
Apple and Oracle Invest in Texas for Expansion
Major corporations like Apple Inc. and Oracle are investing in Texas as part of their expansion plans. Last year, Apple announced that it will...
Trump Administration Proposes Rebate Plan
Numerous Americans in the country are struggling to make ends meet. With the prices of drugs and prescription medicine constantly on the rise, citizens...
Perceptions on the Idea of a Wealth Tax
According to The New York Times, Democrats Alexandria Ocasio-Cortez and Elizabeth Warren both have similar arguments to address social security issues: tax the rich....
Rise in Toronto Rental Rate now at 6 Percent
Residents of Canada’s six largest cities can expect double-digit price hike this 2019, with prices of rental properties expected to rise up to 6...
Fintech Startup Connecting Banks to Other Financial Companies Raises $20 Million
UK fintech company Bud was able to raise $20 million from HSBC, Goldman Sachs, ANZ and other giants in the banking and financial world....
China Still Top Borrower from the World Bank
Despite having a $3B cash reserve in 2018, China continues to loan money from the World Bank to fund its domestic programs. It is still...
Alaska Tops List of States with Highest Credit Card Debt
Alaska tops the list of US states with the highest credit card debt burden, according to a report recently published by 24/7 Wall St....
Lego Bricks Seen as a Solid Investment
Lego remains to be one of the most fun and engaging toys that children grow up with. As a matter of fact, even readers...
US Lawmakers to Prioritize Fintech Expansion and Regulation
Regulators should address the "evolving financial marketplace appropriately," Rep. Maxine Waters, Chairwoman of the House Financial Services Committee said, adding that she has included...
Survey Finds 49% of Credit Card Customers Experienced Fraud
Nearly half of credit card consumers have been victims of fraud, according to a survey conducted by Riskified, an e-commerce fraud prevention company.
The survey...
Bank Savers Paid Nearly Zero Even with Rate Increase
Recently, United States banks have experienced an increase in interest rates. With the Federal Reserve raising the rates, interest rates increased to stretch within...
Fintech Companies Obtained Billions the Past Year
Reuters reports that companies in the financial technology industry were able to get a significant record to the tune of $39.57 billion in 2018....
Saudi Arabia Increases 2019 Budget for Infrastructure
The world’s biggest oil exporting nation is raising its budget for infrastructure projects this 2019 as part of the 2030 economic reform strategy.
Crown Prince...
Nationwide Offering 0% APR For 12 Months On Their Select Credit Card
With the Select Credit Card, Nationwide aims to help their customers kickstart their credit card purchases.
Nationwide offers the Select Credit Card, a card with...
PwC Expects Crypto Industry to Boom in 2019
Cryptocurrency is expected to take flight in 2019, according to PricewaterhouseCoopers (PwC). According to one of the Big Four auditors, the lack of insurance...
Health Insurance Giant Partners with Apple
Keeping yourself active is a sure-fire way to stay fit and healthy. However, keeping track of your activity can be quite challenging without the...
HSBC Offering 1 Rewards Point for Every $1 Spent On Their Mastercard
HSBC is making credit card ownership a valuable experience for Canadians. Customers who make transactions using their HSBC Mastercard will receive 1 point per...
Amazon’s CEO Jeff Bezos Gives 0.1 Percent of Wealth to Charity
Jeff Bezos is on another controversy after The New York Post reported that he only donated less than 0.1 per cent of his wealth...
Singapore’s Housing Loan Demand is Declining
The number of people getting mortgages in Singapore is drastically falling. According to Bloomberg, house loans in the country reduced from a 4.2% growth...
Investors Cite Political Issues as Their Leading Cause of Concern
Many investors blamed the political problems in Washington for their gloomy view about the economy, according to the latest retail investor sentiment report released...
Company Offering a High-Tech Way to Manage Estates
Death is a topic that many people are uncomfortable talking about. However, it is certainly inevitable, which is why many people choose to settle...
IndusInd Bank partners with PAYBACK for a new credit card
After releasing India’s first interactive credit card last Nov. 2018, IndusInd Bank now partners with the country’s largest multi-brand loyalty program, PAYBACK for a...
Superintendent Under Fire for Using Own Insurance
An Indiana school superintendent by the name of Casey Smitherman has been charged with insurance fraud. She used her own insurance to get medical...
Coles Offering 1 Point for Every $2 Spent on Their No Annual Fee Mastercard
Coles provides Australian customers credit cards at no extra fee. Through the Coles No Annual Fee Mastercard, users can gain 1 point for every...
Utility Provider PG&E Anticipates Bankruptcy, Obtains Credit
The gas and power company is set to procure credits worth $5.5 billion in preparation for a projected bankruptcy, which will leave them unable...
Sen Warren Proposes Wealth Tax on Ultra Rich Americans
Massachusetts Senator Elizabeth Warren recently called for an annual tax for Americans with $50 million wealth and above. She said in an interview with...
