When Tim Cook launched Apple Card at the company's March press event, he vowed, in typical Apple fashion, that it would shake up the industry. "There are some things about the credit card experience that could be so much better," the Apple CEO said. Apple Card, he noted, would eliminate fees, offer clear rewards programs and provide security and privacy. "We're going to do all of this and so much more, changing the entire credit card experience." It's not just Apple Card that's looking to revamp the scene. Tech companies like PayPal, Amazon and Square have also supplemented their digital services with physical credit and debit cards that offer a range of perks like ATM withdrawals, cash-back rewards at restaurants and no monthly fees. They also offer integration with the online payment platforms many users have come to rely on and trust.With the array of credit and debit cards on the market, it can be hard to know which one is right for you or whether digital cards offer anything you … [Read more...] about Apple Card, Venmo Card and PayPal Card: Which should you get?
Securities industry and financial markets association
How to Buy Municipal Bonds You can buy municipal bonds through your investment broker or stockbroker. Christie & Cole Studio/Photographer's Choice/Getty Images In the United States, there are more than 50,000 states, cities, counties and other local entities that issue a total of more than 2 million different municipal bonds [source: Securities Industry and Financial Markets Association]. You can track the prices and interest rates of the best-known municipal bonds in the finance section of any major U.S. newspaper. Municipal bonds can be purchased through an investment broker. Some brokers specialize in bonds, but any stockbroker can make the purchases as well. Transaction fees for buying a municipal bond through a broker are typically between 0.5 percent and 3 percent of the purchasing price. To compare, commissions on stock purchases run between 1 percent and 4 percent [source: Securities Industry and Financial Markets Association]. The minimum price for a … [Read more...] about How Municipal Bonds Work
Things felt like they were finally turning around for Aaron Woodrum in March 2015 after several months of unemployment. The 38-year-old had fallen behind on bills, causing his credit score to slip. But, thankfully, he’d secured a new job, bolstering his prospects. He just needed a car. Living in Plainfield, Indiana, population 31,000, a vehicle is almost always necessary to get—and keep—a job. One day, he found a solution: an online ad for an auto dealer that offered financing to consumers with low credit scores. Woodrum said he filled out a form and, shortly after, the dealership gave him a call. When he arrived, Woodrum found a 2009 Dodge Ram 1500 that seemed perfect. He had a decent chunk of savings, $4,000, as a down payment. The dealer said that was more than enough. “I didn’t think I’d get one because of my credit,” he said. “But they worked it out somehow.” The sales price of his truck was about $21,000. Woodrum purchased … [Read more...] about How Subprime Car Loans Are Ruining Lives And Repeating The Mistakes Of The Housing Crisis
The Morning Shift All your daily car news in one convenient place. Isn't your time more important? Nissan-Renault’s partnership isn’t on the best of terms, Hyundai’s leadership is getting younger, the U.A.W. is gearing up for a big summer, and much more on The Morning Shift for Wednesday, the 12th of December. 1st Gear: The Nissan-Renault Alliance Is Getting Rockier By The Day Carlos Ghosn, the now former chairman of Nissan and Mitsubishi, was arrested last month and has been in jail in Japan ever since being accused of financial misconduct. But Ghosn’s arrest has since deepened into a (possibly much wider) scandal, as Automotive News reports on Wednesday. From Automotive News: A top priority for investigation is Renault-Nissan BV, the Netherlands-based joint venture owned 50-50 by Nissan and French automaker Renault, three people familiar with the issue said. But Nissan is also targeting as many as a dozen other Nissan-affiliated subsidiaries set up in … [Read more...] about Things Aren’t Going Well for Renault And Nissan
The Morning Shift All your daily car news in one convenient place. Isn't your time more important? Elon Musk trash-talking the SEC on national television, Ghosn and Nissan indicted, China’s car sales are still slipping, and more in The Morning Shift for Monday, Dec. 10, 2018. 1st Gear: Elon Musk Just Aired Out His Beef With the SEC Elon Musk went all in on his interview with 60 Minutes last night, telling Lesley Stahl, “I want to be clear. I do not respect the SEC.” At least he’s being honest. The confession came in the part of the segment concerning Musk’s infamous tweet claiming he was considering “taking Tesla private at $420,” which eventually led to the Tesla boss stepping down as Tesla Chairman over the SEC investigating him for alleged securities fraud. In the interview last night, according to Bloomberg, Musk said he only agreed to the terms of the SEC settlement, which forced him to pay a $20 million fine and appoint Robyn … [Read more...] about Elon Musk On Losing Chairman Title, $20 Million Over a Tweet: ‘I Do Not Respect the SEC’