How to Make Your First Investment in Commerce Businesses

Commerce business owners can be tempted to invest in a new business with a large amount of cash, but they should always be cautious.Here are the most common mistakes that most businesses make.1.Investing in a business that's not viable before you have a viable business plan 1.When you invest in commerce business, make sure you understand your business.For example, if you invest a lot in...

How a CIA-controlled company created a $100 billion payday loan boom

From 2008 to 2015, the Federal Reserve, through its Federal Deposit Insurance Corporation, allowed an unregulated company, GeoBank, to take a $50 billion payday lender out of business.The Fed said the lender, GeoCards, failed to provide sufficient collateral and failed to meet its standards for lending, and it fined GeoCard $1.1 billion for its actions.GeoCarding was run by a company called...

Why Arizona’s $5 billion gas tax hike was a mistake

After years of debate, the Arizona Senate approved a $5.3 billion gas-tax hike Monday, sending the state's budget to the governor's desk for his signature.Senate President Steve Pierce said he'd sign it, but would not vote for a similar increase for the state budget.Arizona's gas tax is the highest in the country, and some have suggested the governor should use the money to reduce gas prices for...

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