Economy

Credit Card Tips You Might Have Overlooked

When it comes to credit cards, most everyone knows the basics. Keep your balance well within your limits, use your card in conjunction with your budget, plan for the big stuff—they’re all common sense credit card rules that come as second nature to most anyone with a credit history. There …

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US will lose the trade war with China – Jim Rogers

US trade war China investor Jim Rogers

If the Trump administration puts sanctions on China, this would hurt America more because it just forces China and Russia and other countries to cooperate, says investor and financial commentator Jim Rogers. US Treasury Secretary Steven Mnuchin warned on Tuesday that the US could impose economic sanctions on China if …

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Australia’s biggest bank facing trillion dollar fines for money laundering

Commonwealth Bank CBA Ian Narev money laundering fines

Even the Commonwealth Bank’s staunchest critics wouldn’t have predicted this one. This is the bank potentially blowing itself up. CBA is facing fines of about a trillion dollars for nearly 54,000 breaches of Australia’s money-laundering laws dating back to 2012. A trillion dollars, which is a thousand billion. About seven times Commonwealth …

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CRYPTOCURRENCY: The Future Of Money & Blockchain Technology

Cryptocurrency Bitcoin Ethereum Future Money Blockchain Technology

With the age of computers and the Internet revolution has come many tremendous changes to how daily transactions and activities are processed across the world. Messages are now sent almost instantaneously through email, text messaging, Web-based messaging, and chat applications. Individuals and families can stay in touch with each other …

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Florida Homeowners Face Serious Challenges as Insurance Claims Top $2.5 billion

Owning property in Florida brings with it some unique risks. Hurricanes, tropical storms, significant lightning, hail, and wind events present serious challenges to insuring the value of your property against loss and damage. The latest figures from TrustedChoice.com show that Florida homeowners incurred more than $2.5 billion in losses in the most recent reporting …

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Australian government to track $100 notes with nano-chips

Australia one hundred dollar note nano chips cashless society

The Australian government plans to crack down on the ‘black economy’ by implanting $100 and $50 notes with hi-tech nano-chips so they can be surveilled. No this isn’t a futuristic Hollywood movie, this is Australia in 2017. With around 300 million $100 notes in circulation carrying out such a task seems …

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Australia’s household debt-to-income ratio is at an all-time high

Australia household debt income ratio

The Bank for International Settlements has warned that record household debt levels amassed in the past decade have left Australians among the most vulnerable to a sharp rise in global interest rates. According to the Reserve Bank of Australia, household debt-to-income ratio for Australia is at an all-time high of 189%. …

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