Category archives for: Finance

American Express and Wal-Mart Team-up To Offer Reloadable Prepaid Card

American Express and Wal-Mart Team-up To Offer Reloadable Prepaid Card

American Express and Wal-Mart Stores Inc. are rolling out a prepaid card that offers exceptional services devised to help customer manages and control their daily finances. The reloadable prepaid card named Bluebird will have no minimum balance and no monthly, annual or overdraft fees. Only fees that will be linked with the card will be […]

New Americans Make it to Forbes 400

New Americans Make it to Forbes 400

The Forbes list is an annual ode to the American dream. The roster of richest Americans is filled with stories of entrepreneurs who started with little (or at least not a lot) and built a business and personal fortune through hard work, good ideas and perfect timing. Recent additions include Mark Zuckerberg of Facebook and […]

Russia Discovers Lush Diamond Minefield

Russia Discovers Lush Diamond Minefield

Russia has just declassified news that will shake world gem markets to their core: the discovery of a vast new diamond field containing “trillions of carats,” enough to supply global markets for another 3,000 years. The Soviets discovered the bonanza back in the 1970s beneath a 35-million-year-old, 62-mile diameter asteroid crater in eastern Siberia known as Popigai Astroblem. They […]

2008 Financial Crisis Cost Americans $12.8 Trillion

2008 Financial Crisis Cost Americans $12.8 Trillion

It’s been one year since the Occupy Wall Street movement and its calls for income equality, Wall Street reform and less money in politics swept the nation and forever changed the national discourse. OWS is back after a hiatus and returned to Wall Street in celebration of its one-year anniversary. Roughly 1,000 gathered at four […]

HSBC Investigated for Money Laundering

HSBC Investigated for Money Laundering

Based on the New York Times report on Saturday, US prosecutors are looking into whether British bank HSBC was involved in laundering money for Mexican drug cartels and moving cash for Saudi Arabian banks with ties to terrorists. Furthermore, the investigators were also probing whether HSBC circumvented US law by transferring money through its American […]

BlackBerry 10: Ready to License

BlackBerry 10: Ready to License

On Monday, a report was released by Research In Motion Ltd, saying that it is ready to license its new operating system, BlackBerry 10, to other manufacturers. Thorsten Heins, Chief Executive Officer of RIM, claimed that they were in the last stages of testing the new operating system. Also, he added that the company considers […]

USA’s Retirement System Continues to Worsen

USA’s Retirement System Continues to Worsen

75% of Americans that are close to their retiring age have $30,000 or less in their retirement accounts. An average of $16,034 was saved for retirement for the poor Americans that is within the bracket of 50 to 60 years old. Teresa Ghilarducci, an economics professor at The New School, said that America’s retirement system […]

Billionaire Tetra Pak Heir Charged After Death of Wife

Billionaire Tetra Pak Heir Charged After Death of Wife

The heir to the Tetra Pak fortune, billionaire Hans Kristian Rausing, was charged on Tuesday with obstruction of the lawful and decent burial of his US-born wife Eva, British police announced. Police discovered the dead body of Eva Rausing at the couple’s home in London’s upscale Belgravia district last week after they detained her husband […]

Extremely Generous Boss Gives Employees $7,500 for Vacations

Extremely Generous Boss Gives Employees $7,500 for Vacations

Meet everybody’s dream boss:  Bart Lorang! Yes, you can say he may be the best boss the world has ever had. Because the CEO of Denver-based internet start-up FullContact API said in a competitive market for top talent that he wants to keep his employees happy and refreshed, he gives away $7,500 for vacation packages. […]

Old Video Game Collection Sells for $1.2 Million on eBay

Old Video Game Collection Sells for $1.2 Million on eBay

A French collector of games just caved in a cool one million Euros (or about $1.23 million) on eBay for what seems to be the most epic game collection ever. The collection includes full sets for 22 game consoles, or roughly 7,000 games.  It includes every single game for every Sega console, every game released […]

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