Exponential Personal Loan Growth Threat To Credit Cards


Long before credit cards were invented, personal loans offered consumers relatively easy access to short term credit. A personal loan is an incredibly simple product. You borrow a fixed amount of money for a fixed period of time. It is easy to compare prices between different loans, because you are [...] Forbes - Personal Finance Read more [...]

Sears Holdings Announces Filing Of S-11 Registration Statement By Seritage Growth Properties


Apr 1, 2015 HOFFMAN ESTATES, Ill., April 1, 2015 /PRNewswire/ -- Sears Holdings Corporation (the "Company") (NASDAQ: SHLD) today announced that, in connection with its previously announced exploration of the formation of a real estate investment trust ("REIT"), Seritage Growth Properties ("Seritage"), a Maryland trust formed by the Company, has filed a registration statement on Form S-11 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC").  The Registration Read more [...]

Sears Holdings And General Growth Properties Announce 50/50 Joint Venture And Sale-Leaseback Involving 12 Sears Holdings Properties Located At GGP Malls


Apr 1, 2015 HOFFMAN ESTATES, Ill. and CHICAGO, April 1, 2015 /PRNewswire/ -- Sears Holdings Corporation (NASDAQ: SHLD) ("Sears Holdings") and General Growth Properties, Inc. (NYSE: GGP) ("GGP") today announced that they have entered into a real estate joint venture (the "JV") under which Sears Holdings has contributed to the JV 12 Sears Holdings properties located at GGP malls, involving both existing Sears Holdings stores and certain property leased to third parties occupying former Sears Read more [...]

UK growth revised up to 0.6% in last quarter – live updates


All the latest economic and financial news, including developments around Greece’s debt negotiations, new eurozone unemployment and inflation data, and updated UK growth statsUK growth revised higherBut GDP/head still below pre-crisis levelEurozone inflation inches up to -0.1%Euro hit by Greek deadlock Continue reading... Business | The Guardian Read more [...]

Tinder Gets New CEO Amid Rapid Growth Tainted by Controversy


After more than four months on the prowl for a new CEO, Tinder has finally found a match in former eBay executive Chris Payne. Payne, who most recently lead eBay’s North America operations, is set to take over as CEO of the popular side-swiping dating app, Tinder confirmed Friday. Payne joined eBay in 2009 when the online marketplace bought software startup Positronic, which he co-founded two years earlier. Prior to that, Payne had executive stints with Amazon and Microsoft. According to Payne’s Read more [...]

After 75 Years, Growth Continues for Meritor’s Euclid Brand with Expansion of Suspension Line


Product Portfolio Now Tops 2,000 In-Stock Parts LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- Meritor Inc. (NYSE: MTOR) announced at Heavy Duty Aftermarket Week '15 (HDAW) it is carrying on its 75-year tradition as a trusted and reliable brand by expanding its Euclid-branded suspension product line, adding 200 new parts to its portfolio of more than 2,000 in-stock parts. "Euclid has been an invaluable part of the heavy-duty aftermarket for 75 years, and the expanded suspension line continues our heritage Read more [...]

Income Inequality Hurts Economic Growth


There’s a continuing debate as to the broader impact of income inequality. Some claim that while it hurts those who experience it, there’s not a wider effect. On the other side of the issue are the theories that with more concentration of wealth in fewer hands, there’s an impact on […]
Forbes – Personal Finance