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Added on the 17/08/2016 17:51:01 - Copyright : Reuters EN
Put bluntly, the interest rates most brick-and-mortar banks are offering on savings account are absolute rubbish. So it makes sense to move your savings to a high-yield, online savings account. But before you jump ship, do your research about four important matters. According to Business Insider, don't just pay attention to the interest rate. That can be misleading. Check for all fees, restrictions, and features. Also, determine if the bank will limit how much money you can transfer out each day. Finally, to make life simpler, make sure the bank can do free, automated transfers to external accounts. Happy saving!
Former US president Donald Trump leaves a courtroom inside Manhattan Criminal Court, after pleading not guilty to criminal charges stemming from hush-money paid to a porn star before the 2016 election, at a historic court hearing in New York. IMAGES
The recent storming of the US Capitol seems to be hitting President Donald Trump not only politically, but financially as well. CNN reports a growing number of businesses suddenly want very little to do with Trump after he incited a mob of his supporters to attack the Capitol. Twitter and Facebook banned Trump indefinitely, and Stripe is no longer processing credit card payments for his campaign. Shopify stopped operating online stores for the Trump Organization and the campaign and the PGA is pulling a major golf tournament from a Trump resort. It's also unclear which, if any, banks will want to loan money to the Trump Organization.
Business Insider reports Norwegian deputy central bank governor Jon Nicolaisen resigned on Friday. Nicolaisen was in charge of Norway's $1.2 trillion sovereign wealth fund, the biggest in the world. He stepped down after Norway's security service rejected his security clearance because his wife is Chinese and lives in China. The pair have been married for ten years, but Norway has become stricter on ties to China and Russia in recent years. Norway's intelligence service says the two countries are trying to find out information about Norway's petroleum industry.
Having grudgingly green-lit the peaceful transfer of power, President Donald Trump is now perfectly poised to proceed with a parade of pardons. Trump has already commuted the sentence of his informal adviser Roger Stone. But what about Trump's former campaign chairman, Paul Manafort, who is still in home confinement serving out his prison sentence? Even more to the point, what about Trump himself? Trump has repeatedly asked aides about pardons for himself and his family members--and whether he could issue them preemptively. CNN reports the question of self-pardoning may be moot. If Trump faces any criminal charges, they'll be at the state level, not federal. US Presidents are not immune from any state charges.
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