Category: Business
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Retailers Like Macy’s Are Charging 35% Interest on Credit Cards
Interest rates on store credit cards are rising, and the new numbers may surprise you. The Macy’s has just sent letters to its cardholders announcing that the interest rate on the Macy’s card is jumping to 34.49%. Industry experts told CBS that the increase is part of a national trend. Retail stores already have the…
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CNN Report Shows Airbnb Is Not Protecting Its Guests From Hidden Cameras
A CNN investigation has found that Airbnb has consistently failed to protect its guests, despite knowing that hidden cameras are a persistent concern in the industry. Thousands of images have already been retrieved from guests by authorities. Hidden cameras placed in bedrooms and bathrooms show guests during their most private moments – changing clothes, playing…
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Dollar Will Continue to Appreciate Against the Real
The expectation of the financial market is that the dollar will close 2024 at R$ 5.20. This information is part of the Focus Bulletin, released on Monday (8) by the Central Bank (BC). The weekly study presents the median estimates of financial institutions for the country’s economy this year and in the next three years.…
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Market Expects Dollar to Fall to R$ 5.20 by Year-End
The financial market predicts that the dollar will end the year 2024 quoted at R$ 5.20. This information is part of the Focus Bulletin, released on Monday (8) by the Central Bank (BC). The weekly study brings the median of estimates from financial institutions for the country’s economy this year and also for the next…
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The Greatest Soccer Star in the World, Lionel Messi, Launches His Hydration Drink – Más+ by Messi
No one understands the importance of proper hydration like the global soccer icon, Lionel Messi. He searched for a hydration drink and found options with healthy ingredients but no flavor. Others had great taste but too much sugar and calories. He didn’t want to choose between one or the other. He believed that a drink…
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Why is the Brazilian Currency So Weak Right Now?
The dollar in 2024 is rising in Brazil and continues to recover its depreciated value over the past two years. In June, the American currency surpassed the mark of $5.50. In 2023, the dollar recorded a decline of 8%. The current appreciation of the currency indicates a recovery of all the depreciation against the real…
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YouTube and Instagram Redefine the Popularity of Video Services in 2024
Recent research from Omdia found that YouTube continues to dominate as the most popular video service globally, while Instagram has surpassed Netflix and TikTok in the U.S., establishing itself as the second most popular video service among American users. According to Omdia’s latest consumer research, YouTube maintains its position at the top of video streaming…
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Each Real Lost to Fraud in Brazil Costs Companies R$ 3.59, According to Recent Study
LexisNexis Risk Solutions has released the findings of its study ‘The Real Cost of Fraud 2023 – Latin America’. The annual report, based on research conducted by Forrester Consulting, reveals that companies in Latin America now face a fraud cost 3.9 times the nominal value lost in fraudulent transactions. In Brazil, 59% of companies reported…
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Apple is revealed as the world’s first trillion-dollar brand
Apple reaches a historic milestone, becoming the first brand in the world to be valued at one trillion dollars, according to the newly released Kantar BrandZ 2024 Most Valuable Global Brands Report. Retaining the No.1 position for the third consecutive year, Apple is joined at the top of the ranking by Google, Microsoft, and Amazon,…
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Lula Sanctions Taxation on International Purchases Up to $50
President Luíz Inácio Lula da Silva sanctioned a law on Thursday (27) that establishes taxation on international purchases up to $50 (approximately R$ 250), which were previously exempt from import tax. The new text includes a 20% charge on the value of purchases within this limit, which are very common on international sites like Shopee,…