Cracking Finance
Your only stop for Business, Finance, Jobs and Insurance news.
Why should we worry about US’s AAA rating downgrade?
As you might be fully aware by now, United States of America has, for the first time in history, lost it’s AAA rating. US has held this rating since 1917. Standard and Poor (S&P) reduced US’s rating from AAA to AA+. This move was made by S&P due to concerns …
Federal Reserve slashes card fees for merchants
For all you business owners with merchant accounts, there is a very good news. The Federal Reserve Board has decided to cut down the fees from 44 cents to 21 cents. The fees that I am talking about are the ones that banks and credit card companies collect for each …
AT&T about to buy T-mobile
Ladies and gentleman, we have a major acquisition taking place at the moment. AT&T, U.S. mobile service, has managed to strike a deal with Deutsche Telekom AG’s T-Mobile worth $39 billion.
This is so far the biggest deal this year and has already gained a lot of attention for numerous reasons. …
How to prepare yourself for another recession
While the worst part of the recession may have passed, the truth is that the American economy is still in deep trouble. Thousands lost their jobs, houses, cars and are still struggling to recover financially and economically. However, I wonder how many of them truly learned a lesson. For many, …
Ernst & Young blamed for hiding Lehman Bros. ill condition
As we know, the recession in United States of America was mainly triggered when one of the most prestigious investment bank, Lehman Brothers, went bankrupt. So far the government has not been able to clearly blame someone for this.
Recently, Attorney General Andrew Cuomo has accused Ernst & Young, a reputed …
Taking advantage of emergency cash loans
We all have bright ideas for new business but only few of us manage to execute them because just having a profitable idea is not enough. You need resources to convert that idea into a successful reality. And that’s where the problem begins. Only those with access to financial resources …
Reverse Mortgage: Advantages and Disadvantages
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You may have already heard of the reverse mortgage but probably do not completely understand what it means. In this post, I try to present a clear explanation of what reverse mortgage is and what are some of the most important advantages and disadvantages.
Reverse Mortgage is a loan for …
Debt Free Me – Useful tips to become debt free
Debt. Debt. Debt. That’s all you hear nowadays. No matter where you turn your head, you find a man or a family suffering from huge debts. Debt used to exist few decades ago too but ever since credit cards came into our lives, debt problems have skyrocketed. The power of …
Fantastic Income Protection Quotes
The digital era has changed our life styles. The waves of internet brought everything at our door step. Whether we need to shop online or whether we need to entertain through online games, whatever we need we get it from internet at just few clicks.
Similarly information regarding Insurance is available …
Australian jobs rise in September
While Americans are still looking for jobs in the poor economy, Australians seem to be a little carefree as new jobs are created in Australia. Statistics showed that the number of employed Australians rose in September.
This is contrary to what a lot of economists believed. This is good news for …
How businesses can save money with online printing
It takes a lot to start a new business but it is also hard to maintain it. There is a lot of work and promotion involved. You need popularize your business’s name and to do this, you need to advertise. You can advertise on big scale or on a …
Time is Dwindling for The Home Buyer Tax Credit
In the past couple of months there has been a tremendous uptick in new home sales and home prices in the national housing market. The latest Case Shiller index report showed that national home prices increased for the first time in three years as the NHPI index rose 1.4%. This …
Google is spelled wrong – 11th birthday celebration
If you have visited Google’s homepage today, you probably noticed that it has been spelled wrong. Most people will probably think that it is a mistake but it is not. Why is Google spelled wrong? Today’s new logo is spelled “Googlle” with two “l”s. Why does Google have two “l”s? …
Dealing with document filing when starting a business
Recently, I talked about the financial problems one might face when starting a new business. Money is not the only thing and requirement when starting a business. You also need to file numerous documents to make things legal and official.
There are several ways to take care of this. Obviously, if …
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