Saturday , September 24 2022

Tag Archives: business

The average credit card debt in South Africa – how much we owe

New data from consumer credit reporting agency TransUnion shows that credit originations continue to rebound amid a tough economic climate in South Africa. New credit activity grew, despite overall consumer sentiment indicating a cutback on spend. Credit card origination volumes—the measure for new accounts opened—increased by 37.9% YoY in Q1, …

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Market rallies will be sporadic until inflation comes down

CNBC’s Jim Cramer on Tuesday said market rallies will be short-lived as long as inflation remains persistent. “Sometimes you don’t need to know the price of the Dow, you just need to know the price of Kerrygold butter or a Lennar three-bedroom,” the “Mad Money” host said. related investing news …

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Ford stock suffers worst day since 2011 after cost warning

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock suffered its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in unexpected supplier costs. Shares of …

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Bakeries busy making sweet holiday treats

It’s become a quintessential New York dessert: babka, the braided cake/bread developed by Eastern European Jews. At Breads Bakery in Union Square, head pastry chef Edan Leshnick likes to take the classic and put his own modern spin on it. “There are a lot of techniques here that are originating …

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