Category: Finance

  • Send Money to Uganda From the USA: Which Service to Choose

    If you have ever sent money to Uganda, you probably know there are several ways to do it. Of course, you can use the services of Bank of America, but will it be profitable? Will it be convenient? Or, you may lose money or time using not the best service. For those who send funds…

  • 5 Tips for Using Payday Loans Responsibly

    Knowing where to look for assistance when you are in a financial jam might be challenging. A payday or short-term loan may seem ideal if you require money quickly and have few other options. Below are five tips for the responsible use of payday loans. Evaluate Your Financial Situation Examine your financial situation for a…

  • Senate Approves Debt Limit Bill To Stave US Default

    The United States Senate passed the legislation to raise the debt ceiling of the country on Thursday night and they did their part to avert the default that could have resulted in a massive economic crisis not only in the country but all across the globe. The decision from the Senate has arrived just days…

  • 10 Best Credit Cards In South Africa 2023 – Latest List

    Credit cards are one of the most effective financial tools that can help a person to achieve financial freedom. Credit cards come with a huge array of different useful features but many of the people who have never used credit cards tend to have a wrong impression regarding the tool. While it is true that…

  • A New US Debt Deal Would Increase The Limit & Cap Spending For 2 Years

    As the government is running out of time to make a decision regarding the concerns of the debt ceiling and cap federal spending, serious discussions are ongoing for the past few days regarding the subject. From the latest update, it is being said that both parties are moving towards a decision to raise the debt…

  • Ackman Criticizes Icahn’s IEP For Its Large Premium Following Hindenburg Report

    The recent report from Hindenburg Research has stirred quite the discussions regarding Icahn’s IEP and different personalities are coming up with different allegations about the company. Most notable among the people who have spoken about the report and its effects on the company include his old rival Bill Ackman. The founder and CEO of the…

  • Morgan Stanley’s CEO Succession Highlights Wall Street’s Diversity Problem

    The question regarding the leadership of the American financial services company Morgan Stanley had been a hot topic in different circles ever since the current Chief Executive Officer of the company James Gorman expressed his plans to step down from the position. Ever since, different names have come up, who could possibly fit in and…

  • Deutsche Bank Settles With Jeffrey Epstein Victims For $75 Million

    The lawsuit between Deutsche Bank and the victims of Jefferey Epstein’s sexual abuse has reached a settlement as the bank agreed to pay a sum of $75 million to the plaintiffs. According to the argument of the attorney who represented the plaintiffs, the bank facilitated the se-trafficking operations that were done by Epstein. The news…

  • Warren Buffett Sells Shares In Two Banks & Increases Bet On Bank Of America

    In its filings to the Securities and Exchange Commission made on Monday, Berkshire Hathaway provided a detailed update of the company’s quarterly holdings. The report suggests that Berkshire Hathaway has recommitted to its favorite bank, Bank Of America, and also that the company has decided on two other banks as a part of the changes…

  • Tiger Global Aims To Enter The Secondary Market With Its Private Company Stakes

    According to available information, the American investment firm Tiger Global Management, LLC plans to sell private companies valued at hundreds of millions of dollars into the secondary market. From a report published by The Financial Times on Sunday, the tech-based investment management company has hired an advisor to explore and study the possibilities of selling…