WATCH: Russian bank offers free cat visits to boost mortgage lending

America should take notes from how one Russian lender is promoting the origination of its mortgages.

As someone who knows that a cats cuddle can solve any bad day, this not-totally-crazy idea sounds like a perfect solution to Americas drop in mortgage lending.

According to an article in the BBC, Russias largest bank and mortgage lender Sberbank is now loaning cats to clients who buy one of their mortgage products as a sign of good luck. The banks website posted video of the totally sane practice of bringing a caged cat to a new home, so that it can bless the purchase by crossing the threshold, and then carting the cat away… as a sign… of good luck.

Yes....

Coin’s Bluetooth credit card stand-in will reach 10000 beta testers this fall

As you might expect, the accompanying app will also become available, with the iOS version arriving next week, on August 28th, and the Android edition following a month later, on September 25th. Obviously, whichever OS you use, youll need the application to store all your cards. By the way, this might be a good time to clarify that although the Coin device itself can store just eight accounts, the app can hold an unlimited number of cards. And thats not just credit cards, mind you, but debit, gift and loyalty cards, too. So, even if you choose not to put a card on your Coin device, you can still retrieve your card info at any time — say, if you want to buy something online. The app has a clean...

If organizing is the weapon of the oppressed, why are we stuck on mobilizing?

Therebellion in Ferguson, Missouri, against the killing of unarmed Afrikan American teenager Michael Brown has inspired me to reflect on the question of the organizing model versus mobilizing or mobilization model in the struggle for Afrikan liberation in North America as well as the broader humanistic fight for liberation from various forms of oppression. Organizing the oppressed for emancipation is the preferred approach to engaging them in the fight for their liberation as opposed to merely mobilizing them.

The rapid demise of the Occupy Movement and the scattering of the occupiers should be an objective lesson on the need for freedom seekers to become organizationally affiliated....

Breaking Down Debt: How 4 Different Loans Affect Your Mortgage-Worthiness

Want to get a new mortgage? Then, your credit score is a really big deal — it can make or break your mortgage payments, and ultimately determine whether or not you get the house you want.

But before we talk about credit scores, let’s talk about the debt that affects them. There are two types of debt: secured and unsecured. When you borrow money to buy a house, the bank can take back the house to recoup their money if you don’t pay the debt. That means the debt is secured — it’s being balanced against something that you want to keep, and gives the bank some measure of security that they’re going to be able to recover the money they’ve loaned...

Historic Hawaii Foundation organizing event on heritage tourism

The Moana Surfrider Hotel, seen here in 1920, is still an operational hotel today under Starwood Hotels Resorts Westin brand. The Historic Hawaii Foundation is organizing a forum to bring tourism professionals and historic site stewards to network and learn about heritage tourism.

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Thinking of borrowing? Low mortgage rates may be poised to rise

Interest rates on an average 30-year fixed-rate mortgage hit 4.1% this week, a low for the year

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Duke to credit customers for billing issue

ST. PETERSBURG, Florida — On Wednesday, Duke Energy Florida announced it would issue a credit to customers whose rates were impacted by a decision that extended their billing cycles for one month.

Duke Energy says it recently began a major meter re-route project to maximize efficiencies within its system.

When transitioning customers to a new due date because of the re-route, some customers incurred a bill with more days than a normal billing cycle, which unintentionally put them into a higher rate tier due to additional usage over the extended period.

The extended billing cycle added as many as 12 extra days to the average bill. Duke charges $11.34 for every 100 kilowatt...

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The Long-Term Drivers of Bitcoin

I am not a Bitcoin evangelist, nor an expert, but then neither am I a hater. I simply have a trading background and therefore have an interest in a volatile market. The deeper I have looked into the phenomenon, however, the more convinced I have become that Bitcoin has a future and could have a lasting influence on the world of business and finance.

My writing on the subject has prompted several discussions with people who hold a range of views, but I have yet to find anybody who has given me what I consider a convincing argument as to why they believe it will fail. If you have such an argument, feel free to enlighten me in the comment section. Usually that view seems to be based on an inability,...

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IBM: A Solid Investment For The Frugal Investor (IBM)

The other day I was leaving the office and a gentlemen who has known me for quite some time asked about the model year of my truck. I told him it was a 2001 and that it should still be good for another 100,000 miles. Of course my truck is known to me and many of my friends as Big Red, and it has become a family member of sorts, capable of and willing to take on any job, rather than just a truck that hauls things around.

Over the years old Big Red has never left me stranded. His only request has been a big gulp of gas, some new oil every once in a while, and a set of tires when the old shoes wore thin. When it comes to taxes and insurance, Big Red gets a substantial senior citizens discount....

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Probity Advisors, Inc.’s Ashley Allen Passes Rigorous Financial Industry Exam

PR Web

Dallas, TX (PRWEB) August 27, 2014

Probity Advisors, Inc. is proud to announce that one of its associates,

Ashley Allen, has passed Level III of the prestigious Chartered Financial Analyst® (CFA®) Program. By successfully passing the third and final level of the CFA Program exams,

Ms. Allen is closer to achieving the investment professions most rigorous and esteemed credential, the CFA charter.

To earn the CFA designation, candidates must sequentially pass three six-hour exams, have four years of qualified work experience, and pledge to adhere to the CFA Institute...