Investment

In some cases, the existing credit is cut. Credit card holders have had their credit limits reduced or their cards closed unintentionally. Others cannot get the credit to begin with. Homeowners interested in a Home Equity Line of Credit, or HELOC, find that some banks are no longer taking applications. …

Gone are the days when workers kept the same job until they were ready to retire. These days, it’s not uncommon for a given employee to work for five, eight, or even ten different companies throughout their career. But moving on isn’t just a matter of applying for a new …

There is, unsurprisingly, no trace of lock neglect like the picture of Wynton marsalis appears on my laptop screen. The jazz maestro is known for the sharpness of his appearance as well as his playing, and here he is dressed in a suit and tie for our early evening conversation, …

After the year Las Vegas casinos had in 2020, investors can hope for a recovery to materialize in the second half of 2021, and accelerate next year. Yet, based on the available data, there does not appear to be much to support this conclusion. Sure, widely distributed COVID-19 vaccines and …

Hindalco Industries Limited and the state-owned Hindustan Copper Limited (HCL) today signed a memorandum of understanding for the long-term purchase and sale of copper concentrate produced by the latter. With this partnership, companies have turned to import substitution, reducing the country’s dependence on copper concentrate from abroad. “This agreement will …

FRANKFURT (Reuters) – The European Central Bank on Tuesday sought to defuse a dispute with European and Italian authorities over its plans to rid eurozone banks of bad debts, opening the door to collaboration with other institutions and adapting its approach to each bank. FILE PHOTO: European Central Bank (ECB) …

We recently reviewed Starbucks fourth quarter results (NASDAQ: SBUX), and the numbers were pretty impressive all around. But there were two stats in particular that stood out for some of our contributors. In this fool live Video clip, recorded January 28, Fool.com contributors Matt Frankel, CFP and Brian Withers discuss …

US borrowers benefit in large part from the CARES (Coronavirus Aid, Relief, and Economic Security) law, which grants up to 12 months of forbearance to homeowners with federally guaranteed mortgages. However, since the CARES law foreclosure moratorium does not cover borrowers with mortgages not granted by an agency, they are …

The U.S. Space Command said on Wednesday it was following a Russian-led direct-ascension anti-satellite missile (DA-ASAT) test to prove whether it can interfere with or destroy satellites in low earth orbit. “Russia’s DA-ASAT test provides another example that threats to US and allied space systems are real, serious and growing,” …

The future of Ant Group remains in suspense after its dramatic disgrace. Regulators appear to have stopped dismantling it and the company is considering a transition to a financial holding company, ready to be regulated as a bank. It will be hard. What could Ant ultimately look like? Banking-type businesses …