Finance

Thousands of car finance payments could be hit by economic downturn, analysts warn

Thousands of drivers would be unable to keep up their car payments in the event of an economic downturn, analysts have warned, prompting concerns about a mis-selling scandal. With nearly 90 per cent of new cars sold using finance deals, the majority of which means the owner effectively leases their vehicle for three or four years instead of buying outright, ... Read More »

Are you dating a financial disaster?

The less you know the more you’ll pay down the road. When you’re dating, the last thing you’re thinking about is your bank account. But are you setting yourself up for future financial blunders as you dance your way through potential suitors? He does the cha-cha; you follow gracefully. He changes pace with the California swing; you follow suit. He ... Read More »

The week ahead in business and finance

Online fashion retailer boohoo.com will publish its full-year results this week Monday April 24 Full-year results:Nasstar Production report: Anglo American AGM: Biome Technologies, Microgen, Globaltrans Investment, Anglo American, Anglo African Agriculture Economics: CBI industrial order expectations (UK), HPI m/m (US), Ifo business climate (GER) Tuesday April 25 Expect few surprises from Whitbread, owner of Costa Coffee and Premier Inn owner ... Read More »

Global finance officials argue benefits of free trade

The world’s major economies are united in their belief that free trade delivers healthy economic growth. But they also agree that more needs to be done for those left behind, and the new Trump administration is letting it be known that it intends to make sure that America’s trade deals are fair for U.S. workers. German Finance Minister Wolfgang Schaeuble ... Read More »

Supply chain finance The Indian approach is outdated

Policymaking in India is subject to multiple demands, and often lacks focus as a result. Implementation is often hampered by inertia and lack of expertise. Both these conditions contribute to India’s economic performance being short of what it can and needs to be. In recent columns, I have been highlighting continued policy failures in higher education and how digital technology ... Read More »

Never Finance Your First Motorcycle

You’ve done your research. You’ve test-ridden all sorts of motorcycles. You know what you want. So now you’re checking your credit score and seeing what kind of interest rate you can start making payments on your first bike. Great idea, right? Not at all, actually. We’ve posted a lot of stories here aimed at new and aspiring riders, and while ... Read More »

China says North Korea tension has to be stopped from reaching irreversible stage

China said on Friday tension over North Korea had to be stopped from reaching an “irreversible and unmanageable stage” as a U.S. aircraft carrier group steamed towards the region amid fears the North may conduct a sixth nuclear weapons test. Concern has grown since the U.S. Navy fired 59 Tomahawk missiles at a Syrian airfield last week in response to ... Read More »

Fintech vs techfin — technology incarnations vs finance incumbents

A bird’s eye view of the growing role that technology plays in financial transactions brings out an overt dichotomy: that between technology companies jumping into the financial domain with full vigour — fintech — and financial companies having to adapt to the technology wave — techfin.  Chris Skinner, an independent financial technology analyst, identified the difference between fintech and techfin ... Read More »

Oakland Raiders Well Represented At NFL Finance Bootcamp

From Karl Joseph, to Gabe Holmes, the Oakland Raiders were well represented at last week’s NFL Finance Bootcamp held in Ft. Lauderdale, Fla. Linebacker Cory James, Running Back DeAndré Washington, Tight End Gabe Holmes, Safety Karl Joseph, Running Back Jalen Richard, and Linebacker Tyrell Adams The Oakland Raiders were well represented at last week’s NFL Finance Bootcamp held in Ft. ... Read More »

White House calls for domestic cuts to finance Mexico border wall

Donald Trump’s administration requested an immediate 30 billion dollars in additional Pentagon spending (AP) Donald Trump is proposing immediate budget cuts of 18 billion dollars (£14 billion) from programmes like medical research, infrastructure and community grants so US taxpayers, not Mexico, can cover the down-payment on the border wall. White House documents were submitted to Congress amid negotiations over a ... Read More »