You probably know that Dow Jones had been going down for five consecutive days until today. The streak was finally ended due to positive results reported by retail giants Wal-mart and Home Depot. Dow Jones Industrial Average incremented 103.84 points to 10405.85.
Impressive quarterly results led to 93 cents rise in …

A credit card processing company based out of Troy, MI, North American Bancard has grown significantly over the past couple of years. They have topped off the tremendous growth with the acquisition of two companies this spring.
The company handles many different types of merchant accounts. From wireless merchant accounts to …

Setting your business up to accept credit cards is a great way to reach out to new customers and encourage your existing customers to spend more. Nowadays, most businesses that process credit/debit cards do so via a merchant account. Merchant accounts essentially serve as a credit/debit card processing agreement between …

After Greece, Now it is Hungary’s economy that is in trouble. There has been a fear in the market that Hungary is facing a debt crisis and hence its currency has devalued considerably against euro. According to spokesman of Viktor Orban, Hungary’s Prime Minister, the earlier government of Hungary falsified …

JP Morgan has been fined a record 48.2 million dollars because it risked client money even though no client money was actually lost. The fine is imposed by Financial Services Authority (FSA). JP Morgan’s by lumping the money of its clients with its own money for seven years endangered the …

Timothy Geithner, US treasury secretary, made it very clear to the world that US consumers alone cannot support the world economy. He made this statement during his visit to Berlin. While in Berlin, he held talks with German finance minister Wolfgang Schaeuble.

 Greece, Portugal and Spain have seen a massive increase …