62% of millennials say they're living paycheck to paycheck

62% of millennials say they're living paycheck to paycheck

Almost two-thirds of millennials say they’re living paycheck to paycheck and only 38% feel financially stable, according to a new survey from Charles Schwab. Millennials, more than any other generation surveyed by Schwab, feel the most insecure when it …
See Original Article

Steinhoff posts $4bn operating loss for fiscal 2017

Steinhoff has published its long-delayed 2017 annual report and accounts which, show a $4bn (£3.7bn) operating loss that reflects the extent of the
See Original Article

Allahabad Bank cuts lending rate by 5 bps

State-owned Allahabad Bank Monday announced reduction in benchmark lending rate by 0.05 percentage points across various tenors. The marginal cost of funds-based lending rate (MCLR) for one-year loan has been reduced to 8.60 per cent from 8.65 per …
See Original Article

No room at US plant for Mercedes to make C class

In a move that speaks volumes about the evolution of Mercedes-Benz and U.S. consumers, the luxury automaker is considering booting its best-selling sedan out of U.S. production, say sources familiar with the situation, to make way for the vehicles …
See Original Article

UPDATE 1-UK lawmakers square up to regulator over duty of care for banks

… * Lawmakers tell FCA to spell out consumer protection steps. * Warn banks over branch closures (Adds industry reaction). By Huw Jones. LONDON, May 13 (Reuters) – A legal duty for banks to act in the best interests of their customers may be needed, …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.