What is the latest on the Bank of China?

The Bank of Japan is set to be replaced by a new entity that will control a $100 trillion bank, according to an analyst.That’s according to Bloomberg News, which cited a source familiar with the bank’s thinking.The source added that the replacement will likely occur as early as next month, which will see the end […]

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The most ridiculous debt repayment rates we’ve seen

The most outrageous debt repayment rate we’ve ever seen for the United States is $1,400 per month.The average monthly payment for borrowers is $9,300, according to data from Bankrate.com.The United States has one of the highest debt-to-income ratios of any major country, according a study from the Financial Times.It’s even higher in the Northeast.The debt-purchase […]

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Mazda finance chief: I’d like to see a global economy of cars

Mazda Finance Chief Executive Officer Kazuo Hirai said he’d like the U.S. to become a global car market.He told CNBC’s “Power Lunch” that the company is “willing to help our U.K. partners achieve the same goal.”The company announced a global financing program in March, with the U, Japan and Canada being the first nations to […]

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Volkswagen Finance Corp to file for Chapter 11 bankruptcy

Volkswagen Finance will file for bankruptcy protection after its second-quarter loss hit analysts’ estimates and forced it to pay an estimated $1.3 billion in cash to cover debt.Volkswagen’s stock fell 2.8% in morning trading after the news broke.The company is now on track to post a net loss of $5.4 billion for the year.Volkwagen’s losses […]

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Why Your Tires May Cost You Up To $400,000 per Year in Taxes

Tires can cost more than $400 per year in taxes.And they’re not just for cars.It can also be for motorcycles, snowmobiles, skateboards, ATVs, boats, and all sorts of other vehicles.These things aren’t always taxed at the same rate as cars, but they can be taxed more or less depending on the type of vehicle.And if […]

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How to pay your bills online

In this article, we’ll take a look at how to pay for medical expenses online.You can pay your medical bills using the PayPal mobile app, a paypal account, or the credit card, debit card, or bank account.Here’s what you need to know: 1.When you can pay online The easiest way to pay medical bills online […]

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When the SEC’s top lawyer warns that you can’t get your money back if your company goes public, the law’s on your side

NYC FINANCIAL has had enough of regulators’ attempts to seize its $500 million in assets.On Wednesday, the regulator’s top law officer, Richard Cote, warned that companies cannot claim “self-defense” in the face of a massive crackdown.In an op-ed published in The New York Times, Cote warned that a “law that purports to protect the interests […]

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The Google Finance spreadsheet that got Google fired over spy finance

A spreadsheet containing Google finance data was leaked on Thursday.The document is the latest leak of internal Google documents that have made headlines in recent weeks.Google said it would review the document, and the spreadsheet, as soon as it is published.Google finance, which includes Google, Yahoo and AOL, is one of the most popular financial […]

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