Home / Business (page 3)

Business

Deutsche Bank transfers $6 billion to a client by mistake

The bank recovered the amount from the client the next day and the incident was reported to the U.S. Federal Reserve, the European Central Bank and the UK Financial Conduct Authority, the newspaper reported. The trade was processed by a junior member of the bank’s London-based forex sales team in …

Read More »

The Real-Life Secrets of Millionaires

Several years ago, New York Times Wealth Matters columnist Paul Sullivan opened up his finances to a group of high-powered, high-net worth investors known as Tiger 21. Members gather regularly to discuss investing strategies and at one meeting, Sullivan asked them to critique his own — relatively meager by their …

Read More »

7 Ways to Keep Your Health Care Costs in Check

Fortunately for consumers today, there are a number of tools and resources available to reduce the cost of medical bills. It starts with picking the best health plan for your family and ends with committing to a healthy lifestyle. Here are seven ways to help you lower your health care …

Read More »

Expanding Your Business? Foreign Qualification Protects Your Rights in a New State

If you neglect to obtain a certificate of authority to conduct business in a new state, you can forfeit valuable rights—and put your assets and your company at risk. Any corporation or LLC that does business in any state other its home state needs to obtain a certificate of authority …

Read More »

Why So Many Small Business Owners Are Poor Stewards Of Their Futures

It’s ironic that even though the small business sector is so healthy and vibrant — and contributes so much value to the U.S. economy — many small business owners still seem to be poor stewards of their own household economies. Case in point – a study from TD Bank shows …

Read More »

5 least affordable housing markets in America

In the first quarter of 2015, buying a home was at its most affordable level in two years, according to a joint report from real estate analytics firm Clear Capital (http://www.clearcapital.com) and real-estate research firm RealtyTrac (http://www.realtytrac.com) — which analyzed affordability using average weekly wage data from the Bureau of …

Read More »

HighTower Advisors adds $600M multi-family office to independent channel

HighTower Advisors, a hybrid broker-dealer and investment adviser, has added Legacy Wealth Group Inc., a South Florida team that previously managed close to $600 million in assets. Based in Fort Lauderdale, Legacy Wealth is led by three managing partners who launched the firm earlier this year. Two, William Van Dresser …

Read More »

Central Bank reserves stand at $39 billion

“These high reserves are strengthening the balance sheet of the BDL in a way as to make it better able to intervene in the foreign exchange market and guarantee more stability of the lira and interest rates,” said Muhammad Baasiri, third Vice-Governor of the BDL. “They are also providing immunity …

Read More »

USPS Looking to Increase Shipping Costs 9.5 Percent in 2016

The U.S. Postal Service is seeking to dramatically increase prices for shipping services, which would mark the first such raise since 2013. The price bump would be delayed until after the holiday season, USPS said on Friday, going into effect Jan. 17. The Postal Regulatory Commission must approve the increase. …

Read More »

Australia holds interest rates at record low

The Reserve Bank of Australia (RBA) last moved its official cash rate in May when it slashed 25 basis points to a historic low as it tries to spur economic growth. The bank said Tuesday that while domestic growth remained below longer-term averages, jobs growth had strengthened and indications were …

Read More »