Day: July 8, 2020

Posted in Finance

Why Investors Should Keep an Eye on Changing Sales Strategies

In the first half of 2020, most car manufacturers are seeing decreased sales.

General Motors (NYSE:GM) recorded a 7% decrease in total vehicle sales in the U.S. during the first quarter of 2020 compared to the year-ago quarter, with sales falling 34% year over year in the second quarter. Ford (NYSE:F) saw a 21% decline in wholesales and a 15% decline in revenue year over year in the first quarter, with sales falling by a third in the second quarter compared to the prior-year quarter. Fiat Chrysler (NYSE:FCAU) reported a 15% decrease in revenue in the first quarter compared to the prior-year quarter. Even Tesla’s (NASDAQ:TSLA) second-quarter deliveries fell 4.9% compared to the year-ago quarter, despite the much-awaited opening of its Shanghai Gigafactory.

One reason for the decreased sales is likely lower income from high unemployment numbers. However, another big contributor is the fact that most car sales are made

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Posted in Insurance

Congress may slap limits on the next stimulus checks

It’s been more than three months since President Donald Trump signed the CARES Act, the law that provided those $1,200 “stimulus checks” (and direct deposits and debit cards) to give Americans some financial relief from the coronavirus pandemic.

But maybe you could use more help. The outbreak is still raging and is worse than ever in many states. And millions are still struggling to meet expenses and deal with rising debt as unemployment remains high and incomes are squeezed.

So, the question keeps coming up again and again: When will there be another round of relief money?

White House and congressional officials are indicating that day may be getting closer, but they’re also suggesting new payments may come with limits.

Sorry to break it to you, but you may not get any cash this time.

How the next payments could be restricted

MICHAEL REYNOLDS / EPA-EFE / Shutterstock
Senate Majority

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Posted in Personal

How the U.S. seeks to protect children’s privacy online

WASHINGTON (Reuters) – TikTok is under investigation for allegedly violating a settlement reached with U.S. authorities last year that resolved charges the popular app broke rules governing how children’s personal information is treated online.

The U.S. Federal Trade Commission, which enforces the Children’s Online Privacy Protection Act, or COPPA, and the Justice Department, which often files court actions for the FTC, have opened a preliminary investigation into the matter involving the China-based video-sharing app.

Under rules dating to 1998 legislation, COPPA requires websites to get parental permission to collect data on children under the age of 13. Websites or online services are also expected to ban third parties from collecting the data.

COPPA also applies to mobile apps, gaming platforms and internet-connected toys, among others.

Under pressure from the FTC, TikTok, owned by China’s ByteDance, agreed in early 2019 to pay a $5.7 million civil penalty for violating COPPA by

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Posted in Finance

10 Best Personal Finance Courses

If you want to learn how to make smart financial decisions, save more and eliminate debt, you’re in luck. Today, there are plenty of online personal finance classes offering money-management lessons.

Still, “people need to keep in mind that online personal finance courses should be seen as an education resource and not specific personal financial advice,” says Drew Feutz, a certified financial planner at Market Street Wealth Management Advisors in Indianapolis. “The information learned from taking a personal finance course should be applied within the context of your own financial situation, rather than following everything that is taught 100% to a T.”

“Some things that you learn about in a personal finance course may not be applicable to you or may not be appropriate to implement in your own life,” Feutz adds, noting that too often, people read or hear something from a personal finance expert or a course that

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Posted in Insurance

The best credit cards for groceries of 2020

Shop for groceries with these credit cards, and you can clean up the rewards in aisle three.
Shop for groceries with these credit cards, and you can clean up the rewards in aisle three.

— Our editors review and recommend products to help you buy the stuff you need. If you sign up for a credit card after clicking one of our links, we may earn a small fee for referring you. However, our picks and opinions are independent from USA TODAY’s newsroom and any business incentives.

Groceries are an essential living expense—especially now that you may be spending more time stuck at home and less time visiting friends or dining out. Not only are Americans currently spending more on groceries, the price of meat, poultry, fish, eggs, and other goods has steeply increased.

Maybe you already have a card in your wallet that rewards you for paying recurring expenses like your telephone bill or gym membership. Adding a grocery rewards card to the mix can help

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Posted in Personal

‘Unsolved Mysteries’ Fans Have A Ton Of Theories About The ‘House Of Terrors’ Episode

Photo credit: Courtesy of Netflix
Photo credit: Courtesy of Netflix

From Women’s Health

Netflix’s latest true crime TV show, Unsolved Mysteries, has become an instant hit on the streaming network since it debuted on July 1. Devoted fans of the six-episode series have transformed themselves into amateur internet sleuths, taking to online forums like Reddit to discuss episodes, provide additional context, and of course, share their conspiracy theories.

Many such theories have emerged in the subreddit r/UnsolvedMysteries after Reddit users watched the third episode, called “House of Terrors,” which tells the story of a French aristocratic family that was brutally murdered in the town of Nantes. The crime occurred in April 2011 when French police discovered the wife and four children of Count Xavier Dupont de Ligonnès buried under the back porch of their home. The only member not found? Count Xavier Dupont de Ligonnès himself. He’s suspected of committing the crime, but disappeared after

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Posted in Business

The Customer and the Company: COVID Changes Almost Everything

CX, or customer experience, is a well-established business discipline. But now we are in the era of COVID, with widespread home confinement and fear of contagion. Accordingly, the meaning of CX is evolving rapidly. Trust, digital connection, both physical and digital security, and even empathy are newly-reinforced elements in what it means to give customers a satisfying and positive experience.

To understand better how exactly companies are rethinking relationships with customers, Techonomy brought together three top thinkers for a discussion: Kahly Berg, CEO of full-service marketing agency and consultancy Rational; Eric Chaniot, global chief digital officer for Michelin, and Raj Kohli, president of Wipro Digital, who also oversees Wipro’s consulting for companies around the world. Wipro partnered with Techonomy for the session.

Berg kicked off with some big thoughts: “It’s a very forging time for relationships between brands and between people,” she said. “It’s been great to watch as brands

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Posted in Insurance

What if you were receiving the $600 every week and then it stopped? Your COVID-19 money questions, answered

It’s hard out there. And, in this time of uncertainty, USA TODAY is working to find answers to your money questions – anything from stimulus checks or unemployment benefits to your 401(k) or retirement plans. You can submit your questions here and read earlier answers below.

We will be updating the Q&A, so check back often. But, also look to these places:

… Will it continue or has it stopped for New Jersey? Do you need to contact anyone?

If you are still receiving unemployment benefits, the extra $600 should continue until July 25 in New Jersey. If the missed money doesn’t show up in your next payment, you should contact the state’s unemployment benefits office.

If you are back to work full time, you will no longer receive jobless benefits. If you are back to work part-time, you can receive partial unemployment insurance which should include the extra $600 … Read More

Posted in Personal

Visa Makes Payment Easy in Asia Pacific With Click to Pay

Visa Inc. V has expanded its click-to-pay feature in the Asia Pacific, which offers online shoppers an online checkout option that is fast, simple and secure.

The click-to-pay facility is built on the EMV Secure Remote Commerce (SRC) industry specification, accessible to the participating Australian and New Zealand businesses.

The service will be extended gradually to other regions, such as Hong Kong, Mainland China, Malaysia and Singapore, later in the year.

The launch of this service comes at just the opportune time when e-commerce saw a surge due to the COVID-19 outbreak. In order to follow strict lockdown and social-distancing protocols, people avoided shopping via bricks-and-mortar stores and stuck more to purchasing stuff online, which in turn, drove the need for digital payments. With 41% of consumers in the Asia Pacific belt making five or more e-commerce transactions in the past three months will make the click-to-pay feature a big

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Posted in Finance

As Premieres Go Virtual, They Create New Rules For Celebrity VIPs

Click here to read the full article.

Red carpets remain rolled up; theater reopenings are uncertain. And if you’re a publicist responsible for touting the latest in VOD, that means redefining success. Their goals are the same — make people want to see the movie or TV show and raise the profile of the project — but what does that look like when themed premieres and Instagram moments are nonstarters?

“Since social media results are the most salient ROI for virtual events, we’ve adjusted our lists slightly to focus more on filmmakers and influencers who have a voice on social media,” said Darin Pfeiffer of Pfeiffer Consulting. “While there are of course key tastemakers like Paul Thomas Anderson who aren’t on social media that we’ll always invite, we’ve definitely given priority to those who have a productive voice on social media.”

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