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It’s more than Amazon: Why retail is in distress now

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are expected in the not too distant future, despite what most consider a healthy consumer. This tipping point for...

Microsoft will show off new hardware on May 23 in China

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Microsoft is holding an event this month, the company announced tonight, at which it says it will “show the world what’s next.” The event will take place in Shanghai on May 23rd, but Microsoft didn’t specify either the precise location of the...

How one man paid off $116,000 in 7 years to be debt-free by 30

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

A few years later, Sall, then 27, found himself underwater again. He and his wife had divorced, splitting their assets down the middle. Because Sall wanted to keep the house, he ended up owing his ex $21,000. He also had $60,000 left on their $75,000 mortgage to pay....

Tesla’s valuation raises grim reminders of the dot-com bubble

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Tesla CEO Elon Musk said on Wednesday that the company had a clear path to being worth more than Apple one day (though he also said “I could be completely delusional”). Musk has agreed that his company appears overvalued using backwards-looking metrics,...

Fed should not follow rules-based approach: Fischer

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Fed Vice Chairman Stanley Fischer on Friday issued a firm defense of the U.S. central bank’s decision not to follow a mathematical rule when deciding monetary policy as Republicans in Congress renew efforts to curb the current consensus-based...

Fed should not follow rules-based approach: Fischer

by synergycap1 | May 5, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Fed Vice Chairman Stanley Fischer on Friday issued a firm defense of the U.S. central bank’s decision not to follow a mathematical rule when deciding monetary policy as Republicans in Congress renew efforts to curb the current consensus-based approach....
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