Ford Says Enough is Enough After 91 Years and Closes It’s Doors

American automaker Ford (NYSE:F) is closing its manufacturing facilities in Australia, bringing to an end more than 90 years of its car-making business on the island country. The final six-cylinder Ford Falcon rolled off the company’s assembly line at its plant in the Broadmeadows s … [Read more...]

Considering Payday Loans, Consider This First

A payday loan, also referred to as a payroll loan, a salary loan, a payday advance, a short-term or cash advance loan, or a small dollar loan, is basically what it says on the tin. It’s intended to be short-term, it tends to be rather small, and it is unsecured thus you do not need to … [Read more...]

Where’s the Beef? McDonald’s Bigger Badder Burgers

McDonald's is continuing its initiative to revamp its image and cater to a wider audience. One of the ways it is doing so is by introducing larger sirloin burgers to its menu and respond to the age-old question that consumers have of, "Hey, where's the beef?" Fast-food juggernaut … [Read more...]

Payday Loan Lenders Watch Out, CFPB is After You

After talking the tough talk on the payday loan industry, the Consumer Finance Protection Bureau (CFPB) is now walking the tough walk after it released a series of rules for the sector. CFPB director Richard Cordray is scheduled to outline a proposed regulatory framework Thursday … [Read more...]

Burger King Cologne Will Have You Smelling Like a Whopper

April Fool's Day is upon us, a day when many newspapers, brands and companies pull pranks and jokes on an unsuspecting general public. Is the latest publicity stunt and public relations move from Burger King nothing but a prank? One of the most popular fast-food joints in the world … [Read more...]

If You Don’t Mind Being Spied on Rent from Hertz

Would you rent a car if the company installed a camera on the dashboard facing the driver? If you happen to travel a lot and rent a great number of vehicles then you may have come across a recent addition from Hertz: a camera facing you. The latest trend for vehicle owners and car … [Read more...]

Drones are Hurting the Real Estate Market

The real estate marketing industry has dramatically changed in recent years. With a highly competitive and expensive housing market and a hiccup in sales, agents and homeowners are employing a wide spectrum of marketing tricks to get potential homebuyers to sign on the line which is … [Read more...]

Ukraine Hikes Benchmark Interest Rate to 30%

One year after suffering a full-blown economic collapse because of the intense conflict with the Russian Federation, the Ukraine government and central bank are attempting to find out ways to revamp the overall economy and financial markets as the hryvnia has lost most of its … [Read more...]

Coca-Cola CEO Says “No” to Bonus Amid Bad Corporate Performance

The general public detests CEOs that receive multi-million-dollar bonuses and severance packages whether or not the company performs well. For instance, Canadians were outraged last month when Target CEO Gregg Steinhafel was given a walk-away package - or golden handshake - of $61 … [Read more...]

Russia’s Central Bank Cuts Key Interest Rate Amid Recession

The Russian central bank confirmed Friday that it has cut its key interest rate by one percentage point to 14 percent as part of efforts to stabilize and support the economy, which is in the midst of a horrific recession. In a statement (via the Associated Press), the Bank of … [Read more...]

U.S Stocks Rise on News of Bank of England Interest Rates

It has been six years since the Bank of England (BOE) decided to slash interest rates to combat the global economic meltdown. Since then, the BOE has consistently delayed any move to hike rates, even though present central bank governor Mark Carney has repeatedly hinted at such an … [Read more...]

Costco, Citi and Visa Partner to Create Credit Card Program

Another nail in the coffin of American Express? It could be so after Costco announced that it would be replacing the fledgling credit card company with an exclusive co-branded program with Visa and Citigroup beginning Apr. 1, 2016. The warehouse club retailer stated Monday it … [Read more...]

IRS Issues Refunds to 40 Million People Totalling $125 billion

With only one month into the tax filing season, the Internal Revenue Service (IRS) has already issued tax refunds to more than 40 million people worth a total of about $125 billion, not bad for a tax-collecting agency that has experienced budget cuts and limited tax examiners. The … [Read more...]

Ben Lawsky Warns of ‘Armageddon’ Cyber Attack on Banks, [Bitcoin Sounding Better?]

With the advancement in technology, the prevalence of cyberspace within government and the immense connectivity within the national infrastructure, it has been warned for years that a catastrophic cyber attack could very well transpire and wreak havoc on the overall economy. One of … [Read more...]

You’re Safe, Tax Audit Rate at All Time Low

For the next couple of months, millions of Americans will be sending the Internal Revenue Service their tax returns, and hope they can receive a refund. It's also the time of the year that many individuals fear being audited by bureaucrats and tax collectors. Well, those taxpayers can … [Read more...]

Soaring Cost of Living Forces Canadians to Cash Out Retirement Accounts

The cost of living for the average Canadians is soaring. With inadequate wages, higher taxes, a lack of prominent positions in the labor market and ubiquity of living paycheck to paycheck, more Canadians are cashing out their Register Retirement Savings Plans (RRSPs) prematurely in … [Read more...]

Obama Makes a Move to Protect Investors on Wall Street

Is there a conflict of interest by Wall Street brokers who peddle certain retirement investments onto clients? The Obama administration believes so, and it is now urging the Department of Labor to initiate a new regulation that would crack down on the conflicts of interest that … [Read more...]

Canadian Retail Sales Nosedive 2% in December

Canadian consumers were extra cautious this holiday season as retail sales took a dive in the month of December, even with tumbling gasoline prices that provided consumers with a little bit of extra money in their pocket. According to a new report from Statistics Canada, retail … [Read more...]

Poll: One-third of Millennials Would Text During Job Interview

Are you so addicted to your smartphone that you actually text during a crucial job interview? At a time when the labor market remains on shaky ground and the availability of jobs is limited, a significant number of millennial workers have the temerity to text throughout a job … [Read more...]

Weak Economic Data Makes Fed Question Interest Rate Hike

Here we go again...the Federal Reserve is still undecided as to whether or not it will begin raising interest rates this summer, citing an array of economic factors that will contribute to its final decision. According to the latest minutes released Wednesday from last month's … [Read more...]