Breaking News: Consumer debt balloons to $2.4 trillion as newcomers borrow money

Breaking News: Consumer debt balloons to .4 trillion as newcomers borrow money

Breadcrumb Trail Links News Immigration helping drive new records in consumer credit market, TransUnion says Published Feb 28, 2024  •  Last updated 23 hours ago  •  4 minute read The average minimum balance due each month on credit cards has risen 11 per cent from last year. Photo by Andrey Rudakov/Bloomberg Article content Immigration is helping … Read more

Breaking News: Earn a fixed salary? You might be working for free tomorrow | CBC News

Breaking News: Earn a fixed salary? You might be working for free tomorrow | CBC News

Rohith Krishnan was “bummed” when he found out he’s not getting paid for the extra day of work during leap years.  Employers typically pay their salaried workers the same yearly amount, whether the calendar year has 365 or 366 days, unless the contract states otherwise. As a result, the average salaried worker is potentially losing … Read more

Breaking News: Elon Musk-Led Neuralink Faces Expert Scrutiny Over Transparency In Brain Implant Trials

Breaking News: Elon Musk-Led Neuralink Faces Expert Scrutiny Over Transparency In Brain Implant Trials

Experts believe that Elon Musk-led neurotechnology company Neuralink lacks transparency, while openly disregarding scientific and ethical norms. Neuralink raises concerns about patient safety and could end up setting back the entire field of neurotechnology, experts told Forbes, after the billionaire announced early success in the company’s first human trial. The first human received an implant … Read more

Breaking News: Four Eye Ointments Pulled Because of Infection Risk

Breaking News: Four Eye Ointments Pulled Because of Infection Risk

Four eye ointments sold in stores including Walmart and CVS are being recalled because of a potential risk of eye infections or related harm, after U.S. investigators raised concerns about the potential lack of sterility. The voluntary recall involves four over-the-counter products manufactured by Brassica Pharma, according to an announcement by the Food and Drug … Read more

Breaking News: Hospitality growth story in India to remain strong: Marriott’s Rajeev Menon

Breaking News: Hospitality growth story in India to remain strong: Marriott’s Rajeev Menon

New Delhi: Despite concerns about a global economic slowdown across several Western countries, strong domestic growth, infrastructure development, and an increasing aspiration for travel are expected to drive a decade-long boom in hospitality in India, particularly in luxury and premium segments. Though price increases in 2023 might have caused some discontent among customers, additional room … Read more

Breaking News: Make It Make Sense: What Are the Best Tax Strategies for Long-Term Investments?

Breaking News: Make It Make Sense: What Are the Best Tax Strategies for Long-Term Investments?

Welcome to CB’s personal-finance advice column, Make It Make Sense, where each month experts answer reader questions on complex investment and personal-finance topics and break them down in terms we can all understand. This month, Zoe Wolpert, a chartered investment manager and senior advisor at money-management platform Wealthsimple, tackles tax strategies to improve your long-term investments. Have a … Read more

Breaking News: This Union Could Be On The Verge Of A Historic Breakthrough In The South

Breaking News: This Union Could Be On The Verge Of A Historic Breakthrough In The South

More than half of the employees at Mercedes-Benz’s manufacturing plant near Tuscaloosa, Alabama, have signed union cards and intend to join the United Auto Workers, the union announced Tuesday. Hitting a majority of sign-ups marks a milestone for the UAW as it seeks to represent workers at foreign-owned auto plants in the South. The union … Read more

Breaking News: Kapda, Roti, Makaan! Fashion Expert Explains Rise In Consumer Spending More On Clothing Than On Food

Breaking News: Kapda, Roti, Makaan! Fashion Expert Explains Rise In Consumer Spending More On Clothing Than On Food

New Delhi:  The Per capita Monthly Household Consumption Expenditure more than doubled during 2011-12 to 2022-23, according to a report released on Saturday by the Ministry of Statistics and Programme Implementation. The report found that Indians are spending more on consumer items like clothes vis-a-vis their expenditure on food. “The National Sample Survey Office … Read more

Breaking News: Maruti Suzuki, Union Bank of India partner for dealer financing solutions | Company News – Business Standard

Breaking News: Maruti Suzuki, Union Bank of India partner for dealer financing solutions | Company News – Business Standard

Union Bank of India Managing Director & CEO A Manimekhalai said the bank’s comprehensive range of products and services are crafted to support dealers at every stage of their business journey Maruti Suzuki India on Tuesday said it has inked an initial pact with Union Bank of India for dealer financing solutions. The … Read more