Credit

Moody’s cuts China’s credit outlook to negative on rising debt risks

by

Chinese yuan cash bills and chinese flag (money, economy, finance, inflation, crisis) Javier Ghersi | Moment | Getty Images Ratings agency Moody’s downgraded its outlook on China’s government credit ratings to negative from stable, expecting Beijing’s support and possible bailouts for distressed local governments and state-owned enterprises to diminish China’s fiscal, economic and institutional strength. … Read more

Moody’s cuts China credit outlook

by

STORY: Moody’s cut its outlook on China’s government credit ratings on Tuesday (December 5). The ratings agency downgraded it from stable to negative. It reflects global worries about China’s economy. Moody’s said it sees growing evidence Chinese authorities will need to give more financial support for debt-laden local governments and state firms. That in turn, … Read more

The cheapest Tesla car won’t qualify for full federal tax credit starting January 1

by

With the Biden administration’s continued attempt to limit Chinese battery components in US electric vehicles, Tesla has now announced that two of its models won’t qualify for the full $7,500 federal tax credit as of January 1, 2024. As pointed out by our sister site TechCrunch, Tesla’s website currently has a top banner claiming that … Read more

Ex-UK Treasury chief Alistair Darling, who steered nation through credit crunch, dies

by

British ex-Treasury chief Alistair Darling has died at age 70 ByThe Associated Press November 30, 2023, 9:13 AM FILE – British Chancellor, Alistair Darling speaks to the media about economy in a press conference in London, Monday, April 19, 2010. Darling, a central figure in the U.K.’s response to the 2008 financial crisis who later … Read more

Apple is trying to unwind its Goldman Sachs credit card partnership

by

David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Apple has given Goldman Sachs a proposal to end its credit-card and savings account … Read more

Buy $50 of eSIM credit for just $19 right now

by

Avoid roaming costs with this $50 eSIM for $19.  StackSocial Travel has so many benefits, like expanding your worldview, understanding other cultures, and spending quality time with those you love. But the roaming charges you could potentially rack up when you’re off exploring are not great. That’s why there are eSIM cards. And this digital SIM … Read more

Credit card skimmers found at Market Basket stores in Mass., NH, police say

by

Police are urging shoppers to check their bank statements after credit card skimmers were recently found at Market Basket stores in Massachusetts and New Hampshire. A credit card skimmer was discovered at the checkout at the Market Basket and Walmart on Storrs Street in Concord, New Hampshire, in October, according to the Concord Police Department. … Read more

UPDATE 1-US House Republicans plan shutdown-averting measure amid credit warning

by

(Adds Moody’s lowers outlook on US credit rating, paragraphs 1, 4) By David Morgan WASHINGTON, Nov 10 (Reuters) – U.S. House of Representatives Republicans aim to release a stopgap measure to avert a partial government shutdown on Saturday, the morning after the Moody’s credit agency lowered its outlook on the government’s credit ratings to “negative.” … Read more

Samsung Galaxy Z Fold 5 Deals: $300 Off Locked and Unlocked Models, Up to $1,000 of Trade-In Credit

by

If you want to grab the best foldable phone on the market right now, you’ll likely want the Z Fold 5, the latest in Samsung’s foldable lineup. While there’s a lot of competition out there, including the recently released OnePlus Fold, the Z Fold 5 remains at the top of the pack. Unfortunately, being the … Read more