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☆ 6 reasons why you should have more than one credit card in your wallet
▼ + stars: | 2023-03-29 | by ( Andrew Kunesh | ) edition.cnn.com time to read: +15 min

So, let’s run through a few of the reasons why you should have more than one credit card in your wallet. Here’s a look at my credit card stack and the earning rate for purchases I make with each card. You can make a no annual fee credit card stack, tooOf course, my credit card stack isn’t for everyone. Look through our guides to the best credit cards and best no annual fee credit cards for inspiration on building your own credit card stack. Possibly improve your credit scoreHaving multiple credit card could improve your credit if used responsibly.

☆ Fintech has a fraud problem, and the onus is on you to figure it out
▼ + stars: | 2023-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fintech's fraud misfortune. Which brings us to a story by Insider's Bianca Chan and Paige Hagy about concerns over the prevalence of fraud within consumer-facing fintechs in recent years. Click here to read more about fintech's fraud problem. We've also got the deck StellarFi, a fintech that helps users improve their credit score, used to raise $15 million. For more than 50 different decks used by fintechs to raise fresh funds, check out our library.

☆ Gold retreats as waning banking crisis dampens demand
▼ + stars: | 2023-03-29 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

Spot gold was trading 0.7% lower at $1,960.91 per ounce, as of 0619 GMT, after rising 1% on Tuesday. "We've seen a natural retracement ... gold is pulling back after a failed 'bid' to break above $1,975," said Matt Simpson, senior market analyst at City Index. But some investors "still seem to be holding onto gold 'just in case' there's another skeleton or two lurking in the closet," Simpson said. The opportunity cost of holding non-yielding gold rises when interest rates are increased. Silver fell 0.8% to $23.08 per ounce, platinum lost 0.7% at $956.76 and palladium edged down 0.2% to $1,416.93.

☆ Gold rises on dollar dip, banking optimism limits gains
▼ + stars: | 2023-03-29 | by ( ) www.cnbc.com time to read: +2 min

Meat bans, soaring gold prices and Britain voting to 'un–Brexit' could be on the cards for 2023, according to Saxo's Outrageous Predictions. Gold prices dropped on Wednesday as easing worries over a potential bigger fallout from the global banking crisis increased appetite for riskier assets and dampened demand for the safe-haven metal. Spot gold was trading 0.4% lower at $1,966.48 per ounce, as of 0356 GMT, after rising 1% on Tuesday. The opportunity cost of holding non-yielding gold rises when interest rates are increased to bring down inflation. Markets are pricing in a nearly 43% chance of the Fed raising interest rates by 25 basis points in May, according to the CME FedWatch tool.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Chase is offering big elevated bonus offers on the IHG® Rewards Premier Credit Card and IHG® Rewards Traveler Credit Card, but they're only available until the end of the day on April 5, 2023. You can redeem IHG points at brands like Holiday Inn, Staybridge Suites, Hotel Indigo, and Kimpton. Insider's Featured Credit Cards for Travel Chase Sapphire Preferred® CardCapital One Venture Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. You'll typically get the best return by using IHG points for stays at over 6,000 hotels across 18 brands worldwide.

☆ Rolex just released its 2023 watch collection. See the platinum 60th-anniversary Daytona and 8 other new designs which are likely to have years-long wait lists.
▼ + stars: | 2023-03-28 | by ( Dominick Reuter | Lakshmi Varanasi | ) www.businessinsider.com time to read: 1 min

The other, known as the Rolesor, is a combination of gold and steel. This one is made from a combination of Rolex's proprietary Oystersteel alloy, and yellow gold. RolexSource: Rolex

☆ Softer dollar buoys gold, but banking optimism limits safe-haven appeal
▼ + stars: | 2023-03-28 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

SummarySummary Companies Gold might retest support at $1,945/oz - technicalsU.S. dollar down 0.2%Global stocks rise on TuesdayMarch 28 (Reuters) - Gold prices rose on Tuesday as the dollar slipped, although an improvement in risk appetite after efforts by regulators to allay fears over the global banking system limited the safe-haven metal's appeal. "The U.S. dollar seems to be stabilising, this should entice fresh buying back into the (gold) market," said Clifford Bennett, chief economist at ACY Securities. However, gold remains the "resolute safe-haven" in a "rolling risk environment" for the banking sector as risks of contagion are far more persistent than the market would like to believe, Bennett added. Gold might retest a support at $1,945 per ounce, a break below could open the way towards $1,927, Reuters technical analyst Wang Tao said. Spot silver eased 0.1% to $23.06 per ounce, while platinum rose 0.5% to $976.87 and palladium added 0.7% at $1,418.44.

☆ Gold inches lower on steady dollar, with focus on banking risks
▼ + stars: | 2023-03-27 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

SummarySummary Companies Gold down for 2nd session in a rowGrowth worries, banking stresses could benefit gold- analystMarch 27 (Reuters) - Gold prices edged down for a second straight session on Monday as the U.S. dollar firmed, while authorities attempted to assuage investor fears of a widespread crisis in the global banking sector. Spot gold was down 0.1% at $1,975.59 per ounce, as of 0350 GMT. Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the United States closer to recession, Minneapolis U.S. Federal Reserve President Neel Kashkari said on Sunday. While gold is considered a hedge against inflation and economic uncertainties, higher interest rates tend to discourage investment in non-yielding bullion. Spot silver fell 0.6% to $23.08 per ounce, platinum was 0.2% lower at $974.60 and palladium slipped 0.7% to $1,405.48.

Getty ImagesSix Delta credit cards are running elevated welcome bonuses through March 29, so it's your last chance to apply. Delta Amex credit card increased offersAmex Delta credit cards give you the ability to use Delta miles in a way that non-cardholders can't. However, Insider estimates that Delta miles are worth 1.1 cents each, on average, when booking award flights. And if you know the best ways to use Delta miles, you can get significantly more value. That's double the miles of the previous card bonus, which was 50,000 bonus miles and 10,000 MQMs after meeting minimum spending requirements.

☆ Drake fans are the latest to hit Ticketmaster with a lawsuit following 'It's All A Blur' tour sale
▼ + stars: | 2023-03-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A Canadian law firm has filed a class-action lawsuit against Ticketmaster on behalf of anyone who bought "Official Platinum" seats. The firm alleges Ticketmaster "intentionally misleads consumers for their own financial gain," the Toronto Star reports. Ticketmaster recently garnered scrutiny from fans, musicians, and the US government. Legal firm LPC Avocat Inc. says a local man purchased two "Official Platinum" seats for the July 14 show in Montreal's Bell Centre for about $790 each. Some Swift fans also hit Ticketmaster with a class action lawsuit over the chaotic rollout that left some Swifties unable to buy tickets.

☆ Gold steadies, Fed pause bets brighten outlook
▼ + stars: | 2023-03-24 | by ( Ashitha Shivaprasad | ) www.reuters.com time to read: +2 min

Spot gold was little changed at $1,996.19 per ounce at 1202 GMT, holding a relatively narrow $20 range. U.S. gold futures rose 0.1% to $1,997.50. U.S. 10-year Treasury yields fell for the third straight session, while the dollar index rose 0.7%. Commerzbank raised its year-end gold forecasts to $2,000, joining similar upward revisions by Goldman Sachs, Citi and ANZ. Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Sohini Goswami and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Yes, You Can Put Your Taxes on a Credit Card. Here’s How to Make It Work
▼ + stars: | 2023-03-23 | by ( ) www.wsj.com time to read: +14 min

Sign-up bonusesA much better strategy, according to credit card experts, is to use a hefty tax payment to help you qualify for a generous sign-up bonus on a new credit card. Downsides of paying taxes with a credit cardIn addition to fees, paying your taxes with a credit card isn’t without downsides. Most credit card issuers report your credit card balances and the amount of available credit to all three major credit bureaus monthly. Although having a large balance on a credit card can impact your credit score, the effects aren’t permanent. How to pay federal taxes with a credit cardThe IRS does not directly accept tax payments via credit card.

What's the difference between the Bank of America Unlimited Cash Rewards and the Bank of America Customized Cash Rewards? Bank of America Unlimited Cash Rewards Cash BackBoA Unlimited Cash Rewards welcome bonusNew Bank of America® Unlimited Cash Rewards Credit Card cardholders can earn $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days from account opening. How to earn cash back with the Unlimited Cash Rewards cardThe Bank of America® Unlimited Cash Rewards Credit Card earns 1.5% cash back on all purchases. Bank of America Preferred Rewards tiers Preferred Rewards Gold: 25% more rewards on eligible Bank of America rewards credit card spending (earn 1.875% cash back)25% more rewards on eligible Bank of America rewards credit card spending (earn 1.875% cash back) Preferred Rewards Platinum: 50% more rewards on eligible Bank of America rewards credit card spending (earn 2.25% cash back)50% more rewards on eligible Bank of America rewards credit card spending (earn 2.25% cash back) Preferred Rewards Platinum Honors: 75% more rewards on eligible Bank of America rewards credit card spending (earn 2.625% cash back)How to use cash back from the BofA Unlimited Cash Rewards CardWith the Bank of America® Unlimited Cash Rewards Credit Card, you've only got a few redemption options:Statement credits to your credit cardDeposits made directly into a Bank of America checking or savings accountCredits to a qualifying Merrill Cash Management AccountCredits to a qualifying 529 account with MerrillThere's no minimum amount for one-time redemptions as statement credits, deposits to BoA checking/savings accounts, or to qualifying Merrill Cash Management Accounts. Bank of America Unlimited Cash Rewards Benefits and FeaturesThe Bank of America® Unlimited Cash Rewards Credit Card doesn't have a ton of extra perks, but there are a few worth noting.

☆ Gold gains as Fed hints at pause in rate hikes
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: +2 min

Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on January 9, 2009. Gold prices advanced on Thursday after the U.S. Federal Reserve hinted it was nearing a pause in its rate-hike cycle, making the safe-haven asset a more attractive bet in a future low interest environment. Spot gold was up 0.4% at $1,976.98 per ounce, as of 0406 GMT. Traditionally considered a hedge against inflation and economic uncertainties, gold prices jumped 2% on Wednesday after the Fed raised interest rates by an expected 25 basis points, and indicated it might pause further increases after the recent collapse of two U.S. banks. Spot silver slipped 0.4% to $22.94 per ounce, platinum added 1.1% at $988.61, while palladium lost 0.5% to $1,443.57.

☆ Dramas 'This is Going to Hurt', 'The Responder' lead BAFTA TV nominations
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] Cast members attend a premiere for season 2 of the television series The White Lotus in Los Angeles, California, U.S. October 20, 2022. REUTERS/Mario Anzuoni/File PhotoLONDON, March 22 (Reuters) - Medical comedy-drama "This is Going to Hurt" and police series "The Responder" led nominations for Britain's BAFTA Television Awards on Wednesday, receiving six nods each, while live coverage of Queen Elizabeth's Platinum Jubilee and her state funeral were also recognised. Liverpool-set police drama "The Responder" saw cast members Martin Freeman, Josh Finan, Adelayo Adedayo nominated in the leading actor, supporting actor and supporting actress categories respectively. Gary Oldman ("Slow Horses"), Chaske Spencer ("The English"), Cillian Murphy ("Peaky Blinders") and Taron Egerton ("Black Bird") complete the leading actor category. The BAFTA TV Craft awards take place on April 23, followed by the BAFTA TV Awards on May 14.

☆ Gold listless as investors strap in for Fed rate
▼ + stars: | 2023-03-22 | by ( ) www.cnbc.com time to read: +2 min

Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on August 5, 2020. Gold prices traded in a narrow range on Wednesday as some investors stayed on the sidelines ahead of the U.S. Federal Reserve's interest rate decision and policy outlook. Spot gold was flat at $1,939.59 per ounce, as of 0318 GMT, after dropping 2% on Tuesday. Investor attention is now on the Fed's decision scheduled at 1800 GMT, followed by a press conference by Fed Chair Jerome Powell. "If we do get higher dots plot, then that represents a still-hawkish Fed that is determined to fight inflation ... a potential hawkish repricing could undermine gold prices."

☆ Gold listless as investors strap in for Fed rate verdict
▼ + stars: | 2023-03-22 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

SummarySummary Companies All eyes on Fed statement at 1800 GMTFed seen hiking rates by 25 bpsHawkish Fed, rates repricing could undermine gold prices - analystMarch 22 (Reuters) - Gold prices traded in a narrow range on Wednesday as some investors stayed on the sidelines ahead of the U.S. Federal Reserve's interest rate decision and policy outlook. Spot gold was flat at $1,939.59 per ounce, as of 0318 GMT, after dropping 2% on Tuesday. Investor attention is now on the Fed's decision scheduled at 1800 GMT, followed by a press conference by Fed Chair Jerome Powell. "Key focus is on how the Fed communicates its forward guidance, in particular 'the higher for longer' rhetoric and dots plots," OCBC's Wong said. "If we do get higher dots plot, then that represents a still-hawkish Fed that is determined to fight inflation ... a potential hawkish repricing could undermine gold prices."

☆ Gold prices ease as market focus turns to US Fed meeting
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +2 min

FUNDAMENTALS* Spot gold was down 0.1% at $1,977.69 per ounce, as of 0044 GMT. * Gold tends to benefit from low interest rates as it reduces the opportunity cost of holding non-yielding bullion. * The dollar edged up 0.1%, making bullion less attractive for buyers holding other currencies. * SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.38% to 924.55 tonnes on Monday from 921.08 tonnes on Friday. * Spot silver edged down 0.1% to $22.49 per ounce, platinum was flat at $988.33 and palladium was listless at $1,413.97.

☆ Gold inches higher as investors focus on Fed meeting
▼ + stars: | 2023-03-21 | by ( ) www.cnbc.com time to read: +2 min

Gold bars and coins lying in a safe on a table at the precious metal dealer Pro Aurum. Gold prices edged higher on Tuesday, with investors looking forward to the Federal Reserve policy meeting as expectations grew that the U.S. central bank would slow its monetary policy tightening given the upheaval in the banking sector. Spot gold was up 0.2% at $1,982.59 per ounce, as of 0317 GMT. U.S. gold futures also rose 0.2% to $1,986.30. Spot silver rose 0.2% to $22.57 per ounce, platinum edged down 0.2% to $986.68 and palladium eased 0.1% to $1,412.70.

☆ Gold lackluster as Credit Suisse-UBS deal spurs risk-on mood
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: +2 min

A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. Gold prices dropped on Monday, with their safe-haven appeal diminished as risk sentiment improved after Swiss lender UBS sealed a deal to buy peer Credit Suisse in a rescue effort to stabilize global financial markets. Spot gold was down 0.7% at $1,973.44 per ounce, as of 0404 GMT, after sliding 1% earlier in the session. On Sunday, UBS agreed to buy 167-year-old Credit Suisse for $3.23 billion and assume up to $5.4 billion in losses in a deal backed by a massive Swiss guarantee. Bullion is considered a hedge against economic uncertainties, although higher rates increase the opportunity cost of holding non-yielding gold.

☆ Gold lacklustre as Credit Suisse-UBS deal spurs risk-on mood
▼ + stars: | 2023-03-20 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

Spot gold was down 0.7% at $1,973.44 per ounce, as of 0404 GMT, after sliding 1% earlier in the session. On Sunday, UBS agreed to buy 167-year-old Credit Suisse for $3.23 billion and assume up to $5.4 billion in losses in a deal backed by a massive Swiss guarantee. Credit Suisse was caught up in a widening crisis triggered by the collapse of U.S.-based Silicon Valley Bank earlier this month, following which gold rallied over 8% or by $160 on safe-haven demand. Therefore, it may take much more for gold to reverse its current bullish trend," IG's Yeap said. Bullion is considered a hedge against economic uncertainties, although higher rates increase the opportunity cost of holding non-yielding gold.

Commodity trading advisers (CTAs) - funds that try to profit by buying or selling when there is a clear direction in markets - slumped 4.3% in the three days to Monday, according to analysis from UBS. "We have seen certainly on (last) Friday and Monday capitulation trades from hedge funds, so all hedge funds have been short duration positioned and we have heard a lot of desks needed to shut down their risk," said Kaspar Hense, a senior portfolio manager at BlueBay Asset Management. Hedge funds felt this "brutally" in Japanese markets, Hense said, where positioning from hedge funds and CTAs had been particularly "one sided" in anticipation of an end to the Bank of Japan's yield curve control policy. British macro hedge fund manager Crispin Odey's main fund posted a minus 4.7% February performance and is down 3% so far this year, said a note from his hedge fund to clients. Very few macro economic funds tracked by bank research seen by Reuters have reported March numbers.

☆ Gold poised for best week since mid-Nov on banking sector tension
▼ + stars: | 2023-03-17 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

Spot gold was up 0.5% at $1,928.08 per ounce, as of 0313 GMT. U.S. gold futures rose 0.5% to $1,932.10. But the European Central Bank (ECB) raised interest rates by 50 basis points on Thursday, as concerns over high inflation outstripped fears of a global banking crisis. The dollar index was down 0.2%, making gold more attractive to buyers holding other currencies. All three metals were bound for weekly gains, with silver set for its best week since early December.

☆ Gold poised for best week since mid-November on banking sector tension
▼ + stars: | 2023-03-17 | by ( ) www.cnbc.com time to read: +2 min

Gold prices rose on Friday, buoyed by a weaker dollar, and were poised for their biggest weekly gain since mid-November as the global banking crisis sent investors flocking to the safe-haven metal. U.S. gold futures rose 0.5% to $1,932.10. Large U.S. banks injected $30 billion in deposits into First Republic Bank on Thursday to rescue the lender caught up in a widening banking crisis. But the European Central Bank raised interest rates by 50 basis points on Thursday, as concerns over high inflation outstripped fears of a global banking crisis. All three metals were bound for weekly gains, with silver set for its best week since early December.

☆ Ticketmaster will give Cure fans a refund after Robert Smith said he was 'sickened' by its additional charges and demanded an explanation
▼ + stars: | 2023-03-17 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Ticketmaster will refund "unduly high" fees to Cure fans following complaints from Robert Smith. The singer told fans Thursday he was as "sickened" as they were about the additional charges. Smith later tweeted that fans who bought the cheapest tickets would get $10 refunds. Smith tweeted Thursday: "I am as sickened as you all are by today's Ticketmaster 'fees' debacle." The platform will also give an automatic $5 refund per ticket for those who paid more to see any show on the US tour, Smith added.

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