Study: Most Prepaid Cards Live a Short Life
Don't look for prepaid cards to replace checking accounts anytime soon. While the cards can work as a stand-in for traditional bank accounts, a new study finds most cards are short-lived.
PTT Exploration Delays $3 Billion Fund-Raising Plan
Thailand's PTT Exploration & Production PCL (PTTEP.TH) is unlikely to complete its $3 billion recapitalization by October as intended because some shareholders want more time to consider the plan, but it aims to complete the fund-raising by the end of this year, Chief Executive Tevin Vongvanich
Ping An Insurance 1st Half Net Profit up 9.4% at CNY13.96 Billion
Ping An Insurance (Group) Co. (2318.HK) said in a statement Thursday that first-half net profit rose 9.4% from a year earlier, helped by higher revenue from its banking operations.
Michaels' Same-Store Sales Rise in 2Q
The largest U.S. arts-and-crafts retailer saw same-store sales jump 2.9% in the second quarter, helped by an increase in its framing business.
What Boomers Care About this Election Season
When boomers go to cast their vote this November two issues will weigh on their decision: the economy and their financial future.
How the Superrich Don't Pay Taxes
There is generally a lot of strategizing involved to reduce a taxpayer’s adjusted gross income and as of right now--it's all legal.
Rewards Credit Cards Could Soon be History
For many credit card users, interchange fees are a large part of what makes their financial world go round.
OIL DATA: India July Crude Imports up 0.75% on Year at 13.85 Million Tons
India's July crude-oil imports rose 0.75% from a year earlier to 13.85 million metric tons, or 3.28 million barrels a day, preliminary government data showed Thursday.
Banco do Brasil Names New Vice President for Retail Service
Latin America's largest bank in terms of assets, Brazil's state-run Banco do Brasil SA (BDORY, BBAS3.BR) has appointed Paulo Ricci as its new vice president of retail service, the bank said late Wednesday in a statement.
Ex-Merrill Brokers Reach Settlement Over Deferred Pay
Merrill Lynch has reached a legal settlement in a putative class action lawsuit over deferred pay with potentially thousands of disaffected brokers who left the firm in the wake of its acquisition by Bank of America (BAC).