Tue. Oct 26th, 2021

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What you don’t know can cost you dearly.

Credit cards aren’t inherently bad, but they can be one of the worst things to ever happen to your finances if you don’t know how to use them properly. You could wind up in debt, tank your credit score, or both. So before you swipe your card one more time, make sure you understand the following three things so you don’t land yourself in a world of trouble.

1. How a credit card works

When you buy something with a credit card, you’re not paying for it right away. Your credit card issuer pays for it and then sends you a bill for your month’s purchases at the end of each billing cycle. Then, you pay back the credit card company by making monthly payments on that debt. You may only charge up to your credit limit, so you have to pay

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Mastercard has announced the latest class of FinTech startups for its Start Path accelerator and partnership program.

Under the program, Mastercard will work with the companies for six months to help uncover ways in which they can leverage its technology, expertise and network to push their businesses forward. Mastercard said it aims to invest in solutions that help bring more people into the global digital economy, instill customer trust and deliver secure interactions.

Mastercard noted that the ongoing pandemic has triggered a surge in digital commerce, with the global market for FinTech products and services expected to grow to $310 billion by 2022.

“We all thrive when FinTechs have access to the technology they need to reach scale and democratize finances,” said Ken Moore, chief innovation officer at Mastercard, on Monday (Nov. 9). “We are partnering with the newest FinTechs joining Start Path

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Three months ago under murky skies at San Francisco’s TPC Harding Park, Collin Morikawa found himself in contention for a victory in a major championship.

The course was familiar to him owing to his days as a star golfer for the University of California, but being in contention at a major championship was not.

There was a discussion between the transplanted Las Vegas resident and caddie J.J. Jakovac about whether to go for the green or lay up short as the PGA Championship neared what seemed a dramatic conclusion. They were standing on the 16th tee box, 332 yards from a flag stick they could not see.

A decision was made and agreed upon, after which Morikawa was handed the biggest club in his bag.


The sound of driver striking golf ball resonated on TV. The ball was depicted by a red arc, with only a slight bend to

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American Express is the biggest gainer in the Dow Jones Industrial Average during Monday’s session.

Getty Images

Pfizer Inc. and BioNTech SE’s upbeat vaccine news is giving a lift to many payments stocks Monday amid hope that a vaccine can revive the global travel landscape and drive a broader recovery in consumer spending.

Shares of Visa Inc.

are up 9% in Monday trading, while shares of Mastercard Inc.

are up more than 11% after Pfizer

and BioNTech

said that their vaccine candidate had shown 90% effectiveness in preventing COVID-19, a much higher threshold than originally expected.

“With a vaccine showing good progress, we think the travel-sensitive and [small- and medium-sized business]-sensitive stocks could rally,” Baird analyst David Koning wrote in a note to clients. Visa and Mastercard generate about 20% to 25% of their revenue from cross-border travel, he wrote, and this

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  • Tech investors in Europe and the US are gripped by a tense wait on the results of the US election.
  • European investors are eyeing ramifications for the H-1B visa and the influence on the US-China technology arms race.
  • Data indicates that US investors overwhelmingly contributed to the Democratic Party. Those who spoke with us said they were wary of higher corporate taxes under a Biden presidency.
  • One investor said immigration reform would kill Silicon Valley’s monopoly on talent.
  • Visit Business Insider’s homepage for more stories.

Venture capitalists on either side of the Atlantic have weighed in on a nail-biter race for the White House — which has yet to determine whether incumbent President Donald Trump or Democratic nominee Joe Biden will spend the next four years in the Oval Office.

Biden is narrowing the gap with Trump in key states such as Pennsylvania and Georgia.

Business Insider asked tech investors

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By Andrew Both

(Reuters) – If the Masters is a tradition unlike any other, a unique autumn showcase of golf’s most eagerly anticipated annual gathering will likely linger in the memory long after the Green Jacket donned by Tiger Woods last year is draped over the winner.

Played in late March or early April since its inception in 1934, the Masters was postponed this year until Nov. 12-15 after American sport shut down in March amid a widespread national novel coronavirus outbreak.

With no spectators on site for the first time, an eerie silence is expected with just a faint breeze whispering through the pines in place of the gallery roars that customarily reverberate across the entire course.

Usually there are eagle roars, hole-in-one roars, Tiger roars, a proverbial bush telegraph, all slightly different to the attuned ears of veteran fans and players alike.

“As a player, (I) always knew

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The turnkey e-procurement solution will modernize and improve the way suppliers do business with the Government of Newfoundland and Labrador

MONTREAL, Nov. 9, 2020 /CNW Telbec/ – mdf commerce inc. (TSX:MDF), a leader in SaaS commerce technology solutions, is pleased to announce an agreement with the Government of Newfoundland and Labrador to streamline the provincial procurement process by implementing the MERX electronic procurement system, part of its end-to-end Strategic Sourcing platform. This agreement reinforces mdf commerce as a trusted partner for strategic sourcing solutions across North America.

Launched on November 4, 2020, the solution implemented for the Government of Newfoundland and Labrador achieves a key milestone in their procurement transformation plan, which includes the modernization of government procurement practices and improvements in service delivery between government, citizens and businesses.

The new online system provides government procurement agents with a complete and paperless procurement process while vendors

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One of the premier events on the WWE calendar is ready to return as the 2020 Survivor Series approaches. Despite winning the night during last year’s event, however, the NXT brand will not be partaking in the Survivor Series festivities. This year, the Survivor Series event will return to the Raw vs. SmackDown format as the battle for main-roster brand supremacy rages on. 

Champions from each brand will face off in a series of standard matches and, of course, we’ll be treated to a pair of iconic Survivor Series elimination tag matches with one featuring men from each brand and another highlighting the women. It makes for a night of unique pairings just months before WWE hits the Road to WrestleMania.

Survivor Series takes place on Sunday, Nov. 22 from the ThunderDome inside Orlando’s Amway Center. The pay-per-view will kick off at 7 p.m. ET following an hour-long kickoff show

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Nov. 5 (UPI) — The United States sued behemoth credit card company Visa on Thursday to stop its multi-billion-dollar acquisition of Plaid Inc. over anti-trust concerns.

Prosecutors accuse Visa in the complaint filed in the Northern District of California of acquiring Plaid “to neutralize” the threat it poses to its U.S. business as the financial technology firm has been developing a substitute for Visa’s online debit services.

“By acquiring Plaid, Visa would eliminate a nascent competitive threat that would likely result in substantial savings and more innovative online debit services for merchants and consumers,” the Justice Department said in the complaint, accusing Visa of being “a monopolist in online debit transactions.”

The Justice Department said Visa’s online debit monopoly is protected by “significant barriers” that Plaid “is uniquely positioned to surmount.”

The complaint states Plaid’s technology has made it the leading financial data aggregation company in the United States and

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As the host of the midnight edition of SportsCenter, Scott Van Pelt is fluent in just about every sport, but golf holds a special place in his heart.

Scott Van Pelt wearing a suit and tie

© Provided by Golfweek

Van Pelt came to ESPN from Golf Channel, where he was an anchor and reporter from 1994-2000. He still feeds his thirst for the game by serving as the main host of ESPN’s golf coverage, including the Masters and the PGA Championship, and he hosts SportsCenter reports and specials from the events.

Van Pelt joined ESPN in early 2001 as the network’s lead professional golf reporter and with the Masters nearly upon us, he made time to speak to Golfweek for a riveting conversation heavy on the Masters with a side of Tiger, DeChambeau and even one heckuva Scott Hoch story.

Q: Let’s get right to it. Who’s your Masters pick and why?

A: I’m going to

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