NZ dlr steadies, bonds surge on liquidity squeeze (Reuters via Yahoo! Asia News)
Even though cash may sometimes feel like the less modern way to do business, consumers who only carry a credit card may still wish they had another payment option from time to time.
NZ dlr steadies, bonds surge on liquidity squeeze (Reuters via Yahoo! Asia News)
WELLINGTON, Aug 21 (Reuters) - The New Zealand dollar stabilised below $0.70 on Tuesday, as rallies across global share markets saw a cautious return of risk appetite, while short-term bonds surged on liquidity concerns.
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NZ dlr steadies, bonds surge on liquidity squeeze (Reuters Finance News, New Zealand via Yahoo!7 Finance)
WELLINGTON, Aug 21 (Reuters) - The New Zealand dollar NZD= stabilised below $0.70 on Tuesday, as rallies across global share markets saw a cautious return of risk appetite, while short-term bonds surged on liquidity concerns.
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Business notes (Lexington Herald-Leader)
KENTUCKY CALLS MAY BE SOCIAL SECURITY SCAM The Better Business Bureau of Central & Eastern Kentucky is warning about callers claiming to be with the Social Security Administration and offering money or prizes to those who provide bank account numbers. In some cases, consumers were told $300 a month would be deposited into their accounts for medical bills. Some were told they also ...
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Business briefs (Chicago Sun-Times)
Sentinel Management Group Inc., the Northbrook cash-management firm that froze client withdrawals last week and then filed for bankruptcy, was sued by the Securities and Exchange Commission Monday for allegedly lying to investors and misappropriating their assets.
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Hurricane Season Gears Up - Are American Travelers Prepared? (PR Newswire via Yahoo! News)
As Hurricane Dean approaches category five wind speeds on the heels of Tropical Storm Erin in Texas and Hurricane Flossie in Hawaii, an Access America survey finds that just 21 percent of Americans have considered hurricanes when selecting a destination for their vacations.
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Rewarding? Banks like signature cards, but others cite 'hidden costs' (Winston-Salem Journal)
Financial institutions and merchants are engaged in a marketing tug-of-war over check-card transactions, with consumers' signatures the focus of the fight.
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Mortgage borrowers, brokers facing higher hurdles to home loans (Naples Daily News)
Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it's never been tougher for him to close a deal than during the past few weeks of turmoil.
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Home loan hurdles growing (The Cincinnati Enquirer)
As more lenders collapse, the skittish survivors are raising their rates and changing the rules for getting a loan every few hours as they scramble to stay alive.
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p0763 BC-MortgageMess 1stLd-Writethru 08-17 0968 8/17/2007 (Hays Daily News)
Eds: CORRECTS wording in 10th graf to reflect jumbo rates are 0.75 to 1.25 percentage points above rates for mortgages below $417,000. Moving on general news and financial services.
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The Red Shift Theory (iTNews)
Red Shift Theory is Sun's thesis about the explosive growth in demand for raw computing power--but is it more than the utility computing model warmed over?
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NZ dlr steadies, bonds surge on liquidity squeeze (Reuters via Yahoo! Asia News)
Credit cards and designed for ease of use, so most of the payment process is completely transparent to consumers. At times, however, problems with the system may arise. Network downtimes and equipment failures can occasionally prevent credit card transactions from occurring.
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