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There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened

April 11, 2022

Credit Scores, Finance

Americans increasingly favor a wealth tax on the ultra-rich, but despite the uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal plan, following proposals from Sens. Ron Wyden, D-Ore., Elizabeth…

As inflation bites and America’s mood darkens, higher-income consumers are cutting back, too

April 11, 2022

American consumers are already cutting back on spending, according to a new CNBC survey. For many living paycheck to paycheck, this is not a surprise as inflation rises and Covid stimulus savings decline. However, the survey also shows that higher-income…

When it comes to investing, financial planning, it may not always be a good idea to listen to your parents

April 11, 2022

When a rebellious, mother or father hating teenager steps into maturity and begins incomes, he undergoes a magical transformation. The revolt is changed by respect, and hatred with belief. Parents are seen in a new gentle, the place they’ll do…

How Making Minimum Payments Can Affect Credit Score?

April 11, 2022

Making minimum payments is better than not paying any amount towards your credit card bills. In fact, even if the customer can make only the minimum payment every month, doing so on a consistent basis will not affect his credit…

Should I get a credit card?

April 11, 2022

Why credit cards are useful Used responsibly, a credit card can help you build the credit history you need to access financial support, says Rasha Katabi, CEO and founder of Brim Financial. “Whether it’s in a mortgage or a loan or…

Morgan Stanley aims to serve the richest of the rich as family offices grow to $5.5 trillion in assets

April 8, 2022

After making inroads managing money for the merely wealthy, Morgan Stanley is setting its sights on the richest of the rich — family offices with tens of billions of dollars in assets, CNBC has learned. The bank has spent the last four…

Best Mortgage Lenders of April 2022

April 8, 2022

For many people, looking into home loans is a key step in the homebuying process. Since a house is likely the biggest purchase of your life, it’s important to consider the best mortgage lenders. Top mortgage lenders not only save…

UFC Fighters to Soon Earn Crypto Bonuses in Bitcoin Based on Fan Votes

April 8, 2022

Finance, Mortgage

Popular mixed martial arts organisation Ultimate Fighting Championship (UFC) and Singapore-based cryptocurrency exchange Crypto.com, have announced that fighters partcipating in pay-per-view UFC events will soon be eligible for fan-based bonuses paid out in cryptocurrency. As per an announcement, the payout…

European shares rise as defensives rally, hawkish Fed weighs

April 7, 2022

Credit Scores, Finance

Healthcare stocks helped European shares recover on Thursday from their worst session in a month, even as hawkish Federal Reserve minutes and Washington’s new sanctions against Russia kept investors cautious. The pan-European STOXX 600 index rose 0.5% after losing 1.5% in the previous session.…

Amazon calls Reliance’s takeover of Future Retail stores ‘sham transaction

April 7, 2022

Amazon on Tuesday called the February takeover of 835 of Future Retail (FRL) stores by Reliance a “sham transaction.” “There was a mysterious switch of the leases,” Gopal Subramanium, the senior lawyer representing Amazon, told the Delhi High Court during a hearing on Tuesday. The Delhi High…

MicroStrategy Adds More BTC to Its Kitty After Securing Bitcoin-Backed Loan From Silvergate Bank

April 7, 2022

MicroStrategy, the US-based business intelligence firm has made a fresh purchase of 4,167 Bitcoins worth $190.5 million (roughly Rs. 1,435 crore), this time after acquiring a $205 million (roughly Rs. 1,545 crore) Bitcoin-backed loan from Silvergate bank. While securing the…

Goldman Sachs to Launch Over-The-Counter Ether Options Trading Soon

April 7, 2022

Goldman Sachs said it is planning to offer over-the-counter (OTC) options trading for Ethereum to its clients. The investment bank cited growing client interest in the token ahead of its widely anticipated shift to a proof-of-stake (PoS) model. The move…

Bitcoin, Ether Drop in Value Yet Again as Investors Brace for Fed Interest Rate Hike

April 7, 2022

Finance, Mortgage

Bitcoin and the broader crypto market have corrected yet again on Wednesday as investors decide to turn risk-averse preparing for the biggest rise in US interest rates in three decades. In terms of value, the world’s most popular cryptocurrency dropped…

Stocks making the biggest moves in the premarket

April 6, 2022

Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation…

Stock futures dip ahead of Fed minutes release

April 6, 2022

Stock futures dipped in early morning trading Wednesday as investors await the latest insights into the Federal Reserve’s policy tightening. Minutes from the Fed’s Tuesday meeting are slated for release Wednesday afternoon. Investors are bracing for new details about the…

Ledger Partners With the Sandbox to Educate Metaverse Gamers on Self Custody of Crypto Assets

April 6, 2022

Credit Scores, Mortgage

Ledger, the France-based hardware crypto wallet company, has teamed up with metaverse gaming platform, The Sandbox, to help spread crypto awareness and education among metaverse gamers. Ledger officially announced the deal at the Non-Fungible Conference currently underway in Lisbon, Portugal.…

MuskMelon, the Latest Addition to the World NFTs and Gaming, Set to Go on Sale Soon

April 6, 2022

Loans, Mortgage

MuskMelon, a utility token developed on Binance Smart Chain and Ethereum, is the latest addition to the world of NFTs (Non-Fungible Tokens) and Gaming. The project presents an interesting storyline that describes MuskMelon, created by a multi-billionaire and influencer who…

2023 budget includes $14.8 billion for Social Security. Here’s what changes that could bring

March 29, 2022

Finance, Loans, Mortgage

President Joe Biden’s 2023 budget includes $14.8 billion for Social Security, a 14% increase from 2021. Much of the bump would go to help the federal agency improve its services at a time when it has been challenged by the…

House prices are going up. Here’s when you should increase your budget, and when to stick to your original price

March 29, 2022

Credit Scores, Loans

Prior to the pandemic’s red-hot housing market, there was a simple profile that constituted an “A” buyer, according to Brian Copeland, a realtor in Nashville, Tennessee. “Four years ago, an ‘A’ buyer was someone who was pre-qualified for a loan,…

Most medical debt is coming off credit reports. Here’s what to do if yours doesn’t

March 29, 2022

If you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months. Yet before you cheer the good news, first make sure your debt qualifies. The three credit reporting companies…

Sri Lanka seeks an addition credit line of $1 bn from India: Report

March 28, 2022

Cards, Finance, Loans

Sri Lanka has sought an additional credit line of $1 billion from India to import essentials amid its worst economic crisis in decades, two sources said on Monday, as the Indian foreign minister began talks with the government of its…

How Do Airline Miles Work? A Getting Started Guide

March 28, 2022

Cards, Credit Scores

When you fly, you’ll typically be given a choice to pay with cash or airline miles. Miles are the currency that airlines use in their rewards programs, and it’s possible to use them to book a flight at a deeply…

China and Nepal Study Feasibility of Cross-Border Power Grid

March 28, 2022

Loans, Mortgage

Officials stated on Saturday that China and Nepal will conduct a feasibility study to build a high-voltage power transmission line across the Himalayas to promote the exchange of electric power. Following negotiations in Nepal’s capital Kathmandu, Chinese Foreign Minister Wang…

Credit cards may have missed the millennial bus

March 28, 2022

Millennials have overwhelmingly voted with their feet for new payment systems like digital/mobile wallets and mobile-based instant payments Much has been said about how the COVID pandemic had a silver lining for some, especially digital payment services. In India, where…

21 worst performers of last year fail to find buyers in 2022 as well. Will they continue falling?

March 23, 2022

Credit Scores, Finance, Loans, Mortgage

In the BSE500 index, there are 21 stocks that have extended the double-digit fall last year and tanked further in double digits in the ongoing calendar year as well. In these counters, buying has been far and few between. These…

Bitcoin Up Reviews: Is It Safe Trading Robot? Read Shocking Report

March 23, 2022

Credit Scores, Loans, Mortgage

Uncovering Bitcoin One may have come upon Bitcoin when investigating cryptocurrency trading. One probably got the information from someone who attempted to profit as a broker. A broker takes one’s money and tries to invest it in the money or…

Banks recover Rs 61,000 crore via one-time settlement of loans

March 23, 2022

As many as 11 banks have recovered nearly Rs 61,000 crore by way of one-time settlement in nearly four financial years, the government informed Parliament on Monday. The figures are for the last three financial years and up to December 2021 of…

Credit Agricole suspends services in Russia as banks retreat

March 23, 2022

Credit Agricole, which had previously stopped new financing for Russian companies, said in a statement it had contacted international corporate clients to begin suspending services. The bank had previously said its exposure to Russia and Ukraine was around 6.4 billion…

U.S. student loans set for rising delinquencies, New York Fed analysis shows

March 23, 2022

An increase in delinquencies last year among a smaller pool of U.S. student loans not covered by a forbearance program put in place during the COVID-19 pandemic signals likely problems ahead for almost 37 million loans when that program ends,…

Credit, Debit Cards In Circulation Breach 1 Billion Mark In India: Report

March 22, 2022

Cards, Credit Scores, Loans

As digital payments rise in India, the total number of credit and debit cards in circulation breached the one billion mark in 2021, according to a survey. It is part of the Digital Payments Report released by Worldline India. The…

Okta Authentication Firm Probes Report of Digital Breach

March 22, 2022

Cards, Loans, Mortgage

Authentication services provider Okta is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment. A hack at Okta could have major consequences because thousands…

Is China looting your money? DON’T MISS!

March 22, 2022

After the huge success of Zee Business sting Operation Hafta Vasooli during the lockdown period, we are once again coming out with yet another expose. Zee Business Managing Editor Anil Singhvi is coming out with full details of the Chinese…

Check Your Free Experian Credit Score

March 22, 2022

Cryptocurrency prices today surged with Bitcoin topping the $42,000 level. The digital token was trading over 3% higher at $42,263. The world’s largest and most popular cryptocurrency is down about 10% in 2022 (year-to-date or YTD) so far. It is about 30%…

Bitcoin surges above $42,000

March 22, 2022

Cryptocurrency prices today surged with Bitcoin topping the $42,000 level. The digital token was trading over 3% higher at $42,263. The world’s largest and most popular cryptocurrency is down about 10% in 2022 (year-to-date or YTD) so far. It is about 30%…

Credit Companies Will Remove Stains From Repaid Medical Debts

March 21, 2022

Debts that are paid off after they go to collections will be removed, instead of staying on credit reports for up to seven years, Equifax, Experian and TransUnion announced. Equifax, Experian and TransUnion — the giant credit-reporting companies that each…

What affects your credit score

March 21, 2022

Actress Sunny Leone recently took to social media to disclose that an unpaid loan of Rs 2,000 was erroneously reflected in her credit report. This minuscule unpaid loan amount affected her credit score; a number ranging between 300 and 900…

Personal loans: Keep your EMIs at less than 50% of your after-tax pay

March 21, 2022

If you need funds in a hurry, personal loans are a good option. Lenders come up with special offers every now and then. However, since these are unsecured loans, lenders tend to be cautious while approving applications and reject those…

Half of India’s working population of 400 mn people credit active: Report

March 21, 2022

Half of the country’s working population of 400 million people is credit active, having at least one loan or credit card, a report by a credit information company (CIC) said on Tuesday. Credit institutions are fast approaching a saturation level…

Stamp duty, registration fee mop-up crosses Rs 1 lakh cr in 8 months of FY22: Report

March 21, 2022

The cumulative revenue collection from stamp duty and registration fee of all the states jumped to Rs 1,00,100 crore for the first eight months of the current fiscal year, which for the entire FY21 was Rs 1,27,700 crore, according to…

No Pilot, No Problem? Here’s How Soon Self-Flying Planes Will Take Off

February 28, 2023

InJanuary, Boeing CEO Dave Calhoun revealed an open secret in the world of aviation. “I think the future of autonomy is real for civil,” he told Bloomberg TV, before quickly offering some qualifiers. “It’s going to take time. Everyone’s got…

Apple iPhone’s Clean Energy Charging causes stir on social media over battery charging times, ‘shaming’

February 28, 2023

Apple iPhone users were stirred up on Sunday as they became aware of a somewhat new feature intended to reduce the carbon footprint by charging only when lower carbon-emission electricity is available. Apple introduced Clean Energy Charging with the release…

TikTok ban, Supreme Court student loan hearing and Tesla Investor Day top week ahead

February 27, 2023

It will be a busy week ahead for investors with some Workday, Okta, Salesforce, and Zoom reported alongside computer companies and semiconductor manufacturers report earnings. The stock market is coming off an awful week of trading with all three major…

I asked ChatGPT to help me plan a vacation. Here’s what happened next

February 27, 2023

Some people love travel planning. But I am not one of those people. So the idea that artificial intelligence chatbots, such as ChatGPT and Bing, can research travel destinations and create itineraries is intriguing. But I’m skeptical too. Do recommendations…

Apple iPhone thieves using simple trick to take everything, report finds

February 26, 2023

iPhone thieves who spied on a victim’s passcode before stealing the Apple device can easily reset settings preventing its owner from accessing it. According to a new report in The Wall Street Journal, victims have reported phones stolen out of…

Supreme Court rules 9-0 that bankruptcy filers can’t avoid debt incurred by another’s fraud

February 25, 2023

The Supreme Court in a unanimous decision Wednesday ruled that a California woman could not use U.S. bankruptcy code protection to avoid paying a $200,000 debt that resulted from fraud by her partner. The court said that the woman, Kate…

US debt default deadline looms this summer or early fall, ‘urgent need’ for Congress to act: BPC

February 25, 2023

The U.S. government is lurching toward the date on which it would be at risk of defaulting on the national debt, a date that is expected to arrive this summer or early fall, according to the latest projection released by…

Delivery Wars: Target Will Spend $100 Million To Expand Next-Day Delivery—And Compete With Amazon And Walmart

February 24, 2023

Target is the latest company to prioritize the next-day delivery model made popular by Amazon, announcing a $100 million investment Wednesday to expand its delivery capabilities, as the company appears to take on e-commerce giant Amazon and brick-and-mortar competitor Walmart.…

See the photos that won National Geographic’s ‘Pictures of the Year’ contest

February 24, 2023

National Geographic announced the winning photographs from its first “Pictures of the Year” photo competition. The contest, which opened to U.S. residents in early December, invited readers to submit a digital photograph in one of four categories: nature, people, places…

Norfolk Southern becomes third railroad to offer paid sick time

February 23, 2023

Norfolk Southern on Wednesday became the third major freight railroad to recently offer some of its employees paid sick time. It was a contentious point in last year’s railroad contract negotiations. The offer is in response to the quality of…

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Recent Posts

No Pilot, No Problem? Here’s How Soon Self-Flying Planes Will Take Off
InJanuary, Boeing CEO Dave Calhoun revealed an open secret in the world of aviation. “I …Read More »
Apple iPhone’s Clean Energy Charging causes stir on social media over battery charging times, ‘shaming’
Apple iPhone users were stirred up on Sunday as they became aware of a somewhat …Read More »
TikTok ban, Supreme Court student loan hearing and Tesla Investor Day top week ahead
It will be a busy week ahead for investors with some Workday, Okta, Salesforce, and …Read More »
I asked ChatGPT to help me plan a vacation. Here’s what happened next
Some people love travel planning. But I am not one of those people. So the …Read More »
Apple iPhone thieves using simple trick to take everything, report finds
iPhone thieves who spied on a victim’s passcode before stealing the Apple device can easily …Read More »

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