China has a debt problem. More specifically, Chinese citizens are suddenly drowning in debt after the country opened the door to personal lending in 2014. Now people are borrowing money so recklessly that at least one woman literally rearranged her face in order to avoid paying back her ¥CN25 million ($4.7 million) debt. It almost worked, too.
Tagged With money
Haggling has almost become a dirty word, but you shouldn’t feel cheap for trying to get the best price on the products you want to buy. If you’re looking to save a few extra dollars on that pay TV subscription, piece of furniture or even your rent, learning the art of negotiation is the perfect way to keep your bank account looking healthy.
Video: Michelangelo's David is undoubtedly a masterpiece, but would the artist have been as adept with a chisel if he was working on a tiny copper coin instead of a giant slab of marble? Using a magnifying scope, artist Shaun Hughes managed to skillfully turn Lincoln's head into a remarkably detailed skull.
Turns out someone at the Bank of Canada (well, its web team at least) is not only a gamer, but has a sense of humour. We know the government's Twitter account has a love of Pokemon, so why not go even more retro?
As expected, Snap Inc. (the company formerly known as Snapchat), has filed the paperwork for its initial public offering (IPO). According to the S1 documents in the filing, Snap Inc. is seeking $US3 billion when it goes public and will value itself between $US20 and $US25 billion.
Video: The US one dollar bill is still old school. In fact, it has the oldest design of all US currency being produced today. So that means it doesn't have the flashy tech, or the colourful hues, or the wild looks that have leaked into the redesigns of the more valuable US banknotes. But that doesn't mean it hasn't changed. Just check out the evolution of the dollar bill from 1862 until now. Ol' Georgie looks a bit different.
This week, some people in Britain and Canada were shocked to learn that their money contains trace amounts of animal fat. The new banknotes use animal byproducts that are found in everything from credit cards and crayons to glue and soap. But Gizmodo has confirmed that Britain and Canada aren't the only ones.
Earlier today we noted the recent outcry in Britain over the country's new £5 note, which is made using a small amount of animal fat. But the British aren't the only ones with meat money. Canada's bank notes have tallow as well.
Monday night, while blogging about a group of record labels suing Youtube-to-mp3.org who listed "All About That Bass" by Meghan Trainor as an example of a frequently pirated song, I pondered whether a song worse than Trainor's hit single exists. Jokingly, I then suggested the internet give me $US200 ($261) to listen to her entire discography.
Thanks to the wonders of the web there's no excuse for keeping three old iPhones in a drawer or letting an old tablet gather dust. There are now a huge number of sites and apps willing to turn your unwanted stuff into cold, hard cash — and these are the ways you can make sure the process is as smooth and profitable as possible.
Mark Zuckerberg is building a wall on his 700-acre Hawaii estate, and his neighbours are pissed. Somewhere, Donald Trump is thrusting his tiny fists in the air, furious that he's been ousted as the world's resident wall-loving entrepreneur.
Video: If you have ever attempted a life as a counterfeiter, or done a stupid school project where you tried to print your own money, you already know this: you can't make a copy of any type of bill, no matter the denomination. For older bills, it was because of the Eurion constellation, which is an order of dots that appears on pretty much every major currency. Today, there's a new counterfeit deterrence system which includes the Eurion constellation but also has other mysterious forces at work.
Video: You made it! You're in a movie! You're a superstar! Not quite. Vanity Fair made this clever credits sequence showing how much people working on a film with a $200 million budget would get paid, and it's pretty revealing. If you're the lead actor or the director, sure, you'll do fantastically well. Even if you're the production designer or handle the special effects make-up, you'll be great. But most people on a movie set won't get to sniff those millions of dollars that's been put into the movie.