The South African Reserve Bank is running out of options to stimulate a sluggish economy as a weaker rand this year keeps pressure on inflation.
Discover Financial Services, the credit-card lender with the second-lowest default rate among the biggest U.S. issuers, will provide credit scores to customers at no cost.
Gilbert Beebower, co-author of a 1986 paper demonstrating that investors should focus on allocating money among equities, bonds and cash, rather than pick stocks or bet on market turns, has died. He was 79.
FICO, owner of the credit-scoring formula most widely used by U.S. lenders, is giving some consumers access to their credit scores for free, even before they apply for a loan.
Green Plains Renewable Energy Inc., the fourth-largest U.S. ethanol maker, rose the most in three months after buying two plants from BioFuel Energy Corp. for $101 million.
Clicks Group Ltd., a South African beauty and pharmaceutical retailer, said trading over the Christmas holiday season is critical to its fiscal 2014 performance as consumer spending remains weak.
When my cousin Marc and his sister started receiving allowances as kids, my aunt and uncle gave the practice a novel twist: They indexed the allowance to the price of ice cream at Baskin-Robbins.
People weren’t taking Dick Fuld’s calls the weekend before Sept. 15, because Dick had been in denial for a long time.
South African bonds declined after consumer confidence dropped to the lowest in 10 years on record gasoline prices and local labor unrest. The rand strengthened for the first time in three days.
South African consumer confidence slumped to a 10-year low in the third quarter as strikes hit the manufacturing and mining industries and gasoline costs soared to a record.