Chinese state media says the country needs to regulate its 'money gates'
Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. REUTERS/Kim Kyung-Hoon BEIJING (Reuters) - China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn't cause financial stress, according to a commentary in a newspaper owned by the People's Bank of China. Chinese policymakers face a dilemma as they need to tighten credit ..>> view originalHow to sell or swap gift cards
It's hard to mess up a generic gift like a gift card, but it's definitely possible. If you're the proud owner of some gift cards that you're never going to use, this is the article for you. Instead of dumping those unwanted gift cards in your junk drawer for future re-gifting, why not try your hand at selling or swapping them online?Where to buy, sell or swapGift cards are just one step away from cash. For that reason, I don't recommend swapping them via eBay (or Craigslist). Because a gift car..>> view originalChristmas 2016 hours: What's open, closed and hours for Wal-Mart, Target, grocery stores
Sunday, Dec. 25 is Christmas Day 2016, but the federal holiday will be observed on Monday, Dec. 26. This year's calendar means a lot of changes from Christmas 2016 hours and what's open and closed on Christmas Day, as well as Monday, the 26th. Walmart will close at 6 p.m. on Christmas Eve, two hours earlier than normal. The store is closed on Christmas Day but will reopen Dec. 26. Check your local store for exact hours. Here are additional hours for other retailers. Shoppers should also veri..>> view originalSnapchat has quietly acquired an Israeli startup for a reported $30 million to $40 million
Snapchat sewed up its first acquisition in Israel this week, according to the outlet Calcalist News. It acquired four-year-old Cimagine, whose augmented reality platform lets consumers instantly visualize products they want to buy in their intended location, paying what Calcalist says was between $30 million and $40 million. According to its LinkedIn page, Cimagine currently works with brands like Jerome’s, a furniture store franchise in Southern California; the U.K.-based digital retailer Sho..>> view originalUS Department of Justice files civil suit against Barclays Bank
[JURIST] On Thursday, the US Department of Justice (DOJ) [official website] filed [Press Release] a civil suit [complaint, PDF] against Barclays Bank [official website] and two former executives for the fraudulent sales of residential mortgage-backed securities (RMBS) from 2005 to 2007. The suit states that Barclays sold billions of dollars worth of RMBS which contained mortgages that violated underwriting guidelines or had borrowers who did not have the ability to repay the loans. These type..>> view originalThe No-Nonsense Way to Save Social Security
Image source: Getty Images. This may not come as a surprise to seniors, pre-retirees, or even much of the current labor force, but Social Security, the program designed to provide a solid financial foundation for retired workers, is in trouble. Social Security's downward spiral At the heart of the program's woes is a rapidly growing beneficiary base with an average of moer than 10,000 baby boomers retiring per day. There simply aren't enough new workers entering the labor force and not enough p..>> view original3 Costly Tax Filing Errors You Don't Want to Make
With tax season right around the corner, it is never too early to start thinking about your 2016 tax return and avoid costly filing errors that many taxpayers make. Even if you file through electronic software or a tax professional, the return you get out is only as good as the information you put in. The three errors below are all too common and can easily be avoided. Image source: Getty Images. 1. Not filing a tax return More From Fool.com This one seems fairly simple. Taxpayers are encou..>> view originalIran negotiated to pay only half price for its $16.6 billion Boeing plane deal
A model of Boeing 747 passenger plane is displayed at the Asian Aerospace Expo in Hong Kong Thomson Reuters DUBAI (Reuters) - Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions w..>> view original
Thursday, January 5, 2017
Chinese state media says the country needs to regulate its 'money gates' and other top stories.
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