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Credit Retail


Image source: Getty Images Mark Cuban is a billionaire known for providing great financial advice over the years. But there is one thing Cuba said about credit cards that I totally disagree with. On his blog, Cuban said that you should avoid using a credit card. In fact, he advised readers to, “Cut your credit …

PSPCs are under pressure as performance deteriorates and investors withdraw funds. Veteran investor David Sherman explains why he is now betting on the battered asset class. It breaks down its PSPC strategy that enterprising retail investors can execute on their own. Once the darlings of Wall Street, ad hoc acquisition vehicles are now seen as …

It was a neighborhood cinema, then a center for adult films. Now it’s nothing at all. Will the metro finally find a suitor? (Museum of the City of New York, Carl Forster) Even on a block where the majority of its neighboring buildings are branded, the Metro Theater stands out. On the one hand, it’s …

Covid-19 and the social distancing measures that followed have rocked the retail industry, increasing the need for stores to find cash and new ways to engage customers, and to strengthen supply chains . What if the tax code could help traders adapt to an e-commerce sector that is growing by 33% per year (as in …

Monthly dividend stocks offer investors the opportunity to generate recurring passive income. This frequency better matches the schedule of many regular invoices, allowing an investor to offset his expenses with dividend income. This makes monthly dividend stocks ideal for retirees or other investors who rely on their portfolios for their income. With monthly dividend payments …

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What’s new? (19-25 Sep) Withdrawal planning The Federal Reserve said on Wednesday that it may soon relax the measures it has put in place to support the economy from the depths of the pandemic crisis. Fed Chairman Jerome H. Powell said the central bank’s $ 120 billion monthly purchases of government-guaranteed bonds “still have a …

Authorities in New Jersey have approved a tax credit of nearly $ 10 million to encourage Party City Holdings Inc. to lease more than 200,000 square feet of office space in Woodcliff Lake. Economic Development Authority board members approved a proposed tax credit of $ 1.43 million per year over seven years, for a total …

Supply chains are harassed and manufacturing is limited. For weeks, the headlines have telegraphed a clear message to shoppers: This holiday season, shop early. In years past, hasty shoppers may have turned to layaway plans to reserve holiday gifts and pay for purchases over time. But many retailers, including the nation’s largest, Walmart, have removed …

Buy Now, Pay Later (BNPL) service providers could be included in the government’s proposed regulations on retail payments, Trade and Consumer Affairs Minister David Clark said. “The Cabinet has agreed to regulate the retail payment system to reduce the high cost of retail payment fees. The regulatory approach will point to particular retail payment networks …