News 

How your credit card can help you save on holiday gifts for yourself

“If you’re looking to buy a gift for yourself online, consider purchasing it through a credit card shopping portal” writes Alexandria White for cnbc.com. Many credit cards offer exclusive shopping discounts when you pay with an eligible credit card.But if shopping is your preferred form of self-care, you’d be smart to see how your credit card’s perks might help you save. Source: cnbc.com

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Top recruiters say a talent war is brewing as the $800 billion shadow-lending industry starts to hunt for ‘scarce and coveted’ restructuring pros

“But an unexpected economic shock or recession would be “exacerbated by the build-up of non-financial corporate debt over the past decade.”” writes Alex Morrell for businessinsider.com. “Senior restructuring professionals with the ‘scars’ earned from working through prior credit cycles are both scarce and coveted,” Mahoney said.Having professionals that can navigate the potential carnage when debt-saddled firms hit a rough patch is key, according to Mahoney.Wall Street doesn’t expect the corporate debt hoard to provoke a crisis, at least not in the near term, according to a report from Wells Fargo’s…

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Americans are holding record levels of credit card debt — but still planning a holiday splurge

“Credit experts say holiday season pitches to open store credit cards could exacerbate the problem” writes Martha C for nbcnews.com. At the midpoint of the range, general-purpose credit card APRs are hovering around 21 percent, Rossman said.A new survey finds that a significant number of Americans have more debt, and are increasingly worried about being able to service that debt. Source: nbcnews.com

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Do not go shopping on Black Friday or Cyber Monday, if you have revolving credit card debt

“If you are carrying credit card debt, you should still stay home” writes Personal Finance Columnist for washingtonpost.com. Why not pass on holiday hosting if it means you’ll have to add to your credit card debt to entertain.Maybe you aren’t delinquent on your credit card bills, but you’re just making the minimum monthly payments.Because that’s essentially what you’re doing when you carry credit card debt.” I understand that the holidays inspire generosity, or guilt buying.The credit card payments prevent you from building a sufficient emergency fund. Source: washingtonpost.com

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Markets News Stocks 

Forget Big Tech monopolies — the better stock-market investment is in oligopolies

“And besides, history shows that even deep-pocketed tech companies can still turn out to be disappointing from an investment perspective” writes Jeff Reeves for marketwatch.com. If you really want investments that avoid competition and pay off, it’s worth looking past the rather fashionable monopolies in Big Tech and going old school.Mid-Atlantic utility giant Duke Energy DUK, +0.11%   is fairly impressive, too, with more than 1 million customers and a market cap north of $60 billion. Source: marketwatch.com

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Want to maximize the rewards your earn shopping for Black Friday? Check out these 8 credit cards

“If you want to take advantage of travel deals, now is a good time to sign up for a travel credit card” writes Alexandria White for cnbc.com. The Citi® Double Cash Card is a straightforward card that continues to offer one of the best flat-rate cash-back programs since it launched in 2014.Our final picks are weighted heavily toward the highest five-year returns, since it’s generally wise to hold onto a credit card for years. Source: cnbc.com

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5 credit cards that can help you save even more at Costco, no matter what you buy

“Costco will now only accept Visa credit cards at its stores, but that doesn’t mean you’re limited to using the Costco Anywhere Visa” writes Dustin Clendenen for businessinsider.com. But with the right credit cards, there are ways to save even more.In 2016, Costco terminated its decade and a half long relationship with American Express, and now only accepts cards in the Visa credit network.The Costco Anywhere Visa by Citi offers: There’s also the Costco Anywhere Visa® Business Card by Citi, which offers the same cash-back categories and largely the same…

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Anyone who buys things online is missing out on travel rewards by ignoring free shopping portals from brands like Chase, Amex, and Southwest Airlines

“Finally, don’t forget that you absolutely can use a travel rewards credit card when you shop through travel portals” writes Holly Johnson for businessinsider.com. Just remember that, like with any other purchase, you do have to pay your credit card balance in full each month to avoid credit card interest and its evil cousin, debt. Source: businessinsider.com

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Singer hopes to close $42 billion financing gap for African women

“African women face a $42 billion financing gap even though one in four starts or manages a business, the highest percentage in the world, the bank says” writes Associated Press for nypost.com. In some African countries, women can’t open a bank account without their husband or father, or inheritance laws leave them with little or nothing. Source: nypost.com

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