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Young and overspent? How to tackle credit-card debt

“When Lauren Bowling was 28, she paid down her credit card debt in part by picking up side gigs in addition to her job as a marketing manager” writes The Associated Press for seattletimes.com. When that ended, Burke started a job, but by January, her credit card balances added up to nearly $7,600.DECIDE WHAT YOU’RE GOING TO GIVE UP It’s no secret that making spending cuts can help you knock out credit card debt faster.She had racked up about $8,000 in credit card debt — and carried the balances for…

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Worrying about the bond-market bubble is ‘old guy’ thinking

“With the Federal Reserve now beginning to increase rates again, those memories are coming flooding back to the bond market” writes Chief Of Operations for cnbc.com. The average bond market pundit either lived through the 1970’s and 1980’s, when interest rates spiked to unprecedented levels, or was mentored by folks who did. Source: cnbc.com Share This:

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Expedia has been voted the best UK company for work/life balance — look inside their office to see why

“Online travel company Expedia is the best employer for work-life balance in the UK, according to Glassdoor’s 2017 rankings” writes Business Insider for businessinsider.com. Last year, we took a tour of Expedia’s London offices to find out what makes the company so great.Glassdoor allows employees to rate and review their companies honestly, with anonymity, so its results are likely to be pretty accurate. Source: businessinsider.com Share This:

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Lives hang in the balance while the FDA bureaucracy churns

“Their lives hang in the balance while the bureaucracy churns” writes Christina Herrin – for washingtonexaminer.com. This legislation would protect patients’ access to potentially life-saving medicine that has cleared phase one of the FDA’s approval process.The Right to Try Act, H.R. 878, the companion legislation to the Trickett Wendler Right to Try Act, has been introduced by Rep. Source: washingtonexaminer.com Share This:

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Jamie Dimon: I wouldn’t buy a 10-year bond from any country in the world right now

“JPMorgan Chase CEO Jamie Dimon stopped short of saying the bond market is on the cusp of a collapse, but said he wouldn’t personally buy any long-term government debt” writes Berkeley Lovelace Jr for cnbc.com. The CEO spoke after former Federal Reserve Chairman Alan Greenspan warned on Friday that the bond market could collapse and it will also threaten stock prices.”My view is the Fed is doing the right things, raising rates, telling people we’re going to start reducing the balance sheet,” Dimon added.The likely scenario is that the bond…

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Tesla is making a risky move by issuing $1.5 billion in debt

“Get the latest Tesla stock price here” writes Matthew Debord for businessinsider.com.au. Tesla announced on Monday that it will raise $US1.5 billion in additional capital, but the carmaker is doing so in a way that’s different from previous funding rounds: it’s issuing debt.•The carmaker has added substantial debt to its balance sheet since its SolarCity merger last year.When Tesla has raised money over the past two years, it’s sold more stock. Source: businessinsider.com.au Share This:

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Tesla to sell $1.5 billion in debt to boost balance sheet

“TSLA, +2.83% said Monday that it will sell $1.5 billion worth of debt to help shore up its balance sheet” writes Markets Reporter for marketwatch.com. As of June 30, Tesla had total debt of $8.10 billion, according to recent filings.The electric-car maker said it will sell senior unsecured debt obligations set to mature in 2025.Quarterly results and the launch of production on its lower-priced Model 3 have been a boost for shares. Source: marketwatch.com Share This:

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5 ways to balance parenthood and building your business with Rosie Pope

“The first six months, it really, really could work, after that it gets a little tough, but there really is a way that you can balance out the two for a period of time.”” writes Tracey Edouard for mashable.com. Below, Pope shares five tips any person can use to effectively manage parenthood and business at the same time.”If you’re starting a business of if you’re trying to climb the ranks somewhere, it always costs more money, takes more time, and is more involved with people than you ever imagined.But, particularly,…

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Tesla will end up with a comfortable amount of cash by the end of the year — but 2018 could be a different story

“However, unless that position improves in 2018, Tesla will be running low on cash by its own standards” writes Matthew Debord for businessinsider.com. With roughly $3 billion in cash currently on the balance sheet, Tesla should spend itself down to $1 billion by the end of 2017. Get the latest Tesla stock price here.In its shareholder letter, Tesla also outlined how much cash it intends to burn for the rest of 2017, as it ramps up production of the new Model 3 sedan. Source: businessinsider.com Share This:

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Leucadia estimates principal balance outstanding on its loan to FXCM at $122.1m

“All of the proceeds from this sale will be used to pay down the Leucadia loan, while the remaining balance is set to be paid from additional non-core asset sales and operating cash flow” reports financefeeds.com. In its earnings report, Leucadia said it had nearly recovered the full amount of cash it invested in FXCM in 2015 and that it still has $122.1 million of principal balance outstanding on the loan earning a coupon of 20.5%, the maximum allowed under the credit agreement. Source: financefeeds.com Share This:

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