Category: Money

Apple Card issuer investigated after viral tweet

An investigation into Goldman Sachs Group’s credit card practices has begun after a tech entrepreneur’s tweeted alleged gender discrimination in determining credit limits for Apple’s new credit card. In a series of tweets Thursday, David Heinemeier Hansson criticized the Apple Card for giving him a credit limit 20 times higher

Alibaba says Singles’ Day sales hit 91.2 billion yuan in first hour

Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles’ Day shopping blitz hit 91.2 billion yuan ($13 billion) within the first hour, up 32% from last year’s early haul of 69 billion yuan. Akin to Black Friday and Cyber Monday in the United

Never spend more than this amount of your income on a car, says finance expert and millionaire

Americans have a complicated relationship with cars. Aside from buying a home, a car is probably the second-most expensive purchase you will ever make in your life. After more than 10 years of writing about money on my personal finance website, Financial Samurai, I’ve found that being too fixated on

Medicare would cover dental and vision under these bills

Medicare beneficiaries would get dental, vision and hearing coverage if several bills now before Congress pass. In addition, the government would get authority to negotiate prices with drugmakers and create a cap for Medicare out-of-pocket spending on prescription drugs. All have cleared the necessary committees over the last couple of

Gold prices push slightly higher following 0.3% drop in U.S. PPI

The gold market continues to hold its ground with prices holding above $1,500 an ounce as pipeline inflation pressures fell sharply last month Tuesday, the U.S. Labor Department said its Producer Price Index (PPI) fell 0.3% in September, following August’s 0.3% rise; the data was weaker than expected with economists’

Amazon and Walmart want you to think they always have the best prices. A smaller competitor is showing otherwise.

Jeff Yurcisin spent 14 years rising up the ranks of Amazon. But now, as the president of discount shopping site Zulily, he’s trying to expose one of Amazon’s Achilles’ heels. Zulily is introducing a feature on Wednesday that aims to show online shoppers how much cheaper its prices are than

Dubai seeks investment to bolster flagging economy

With the highest tower in the world, grand commercial centres and artificial islands, Dubai projects an image of prosperity, even as the city-state races to court investors to bolster a flagging economy. Despite boasting the most diverse economy in the Gulf region, the emirate’s vital property, tourism and trade sectors