• L.L. Bean rebuffs boycott over granddaughter’s big Trump donation

    A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.


  • Union leader who says Trump lied about Carrier deal refuses to back down

    Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.


  • Working, eating and sleeping at the office

    The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.


  • Obama seeks ‘irreversible’ opening to Cuba

    This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.


  • Walgreens to replace GE in Dow Jones Industrial Average
    (Reuters) - Walgreens Boots Alliance Inc will replace General Electric Co in the Dow Jones Industrial Average from June 26, S&P Dow Jones Indices said https://bit.ly/2K4IoSE on Tuesday.
  • Trade fears rattle Wall Street, Dow gives up 2018 gains
    NEW YORK (Reuters) - U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled markets and put the Dow Jones Industrial Average back in negative territory for the year.
  • White House piles pressure on China after Trump tariff threat
    WASHINGTON/BEIJING (Reuters) - China has underestimated U.S. President Donald Trump's resolve to impose more tariffs unless it changes its "predatory" trade practices, a White House trade adviser said on Tuesday, as Trump greatly expanded the amount of Chinese imports possibly facing new duties.
  • ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
    HONG KONG (Reuters) - Shares of ZTE Corp and its American business partners took a hit on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with U.S. suppliers.
  • Oracle's quarterly results beat estimates on cloud growth
    (Reuters) - Business software maker Oracle Corp reported a better-than-expected quarterly profit and revenue on Tuesday as more customers move toward its high-margin cloud business.
  • Starbucks forecasts same-store sales below estimates
    (Reuters) - Starbucks Corp on Tuesday forecast global comparable store sales for the current quarter below estimates and said it would close more cafes as the coffee chain continues to face increased competition from upscale coffee houses and fast-food chains.
  • Britain happy with Murdoch's Sky News guarantees
    LONDON (Reuters) - Britain said Rupert Murdoch's Twenty-First Century Fox had answered its remaining doubts about the independence of Sky News if the U.S. company buys all of its parent Sky, paving the way for a takeover battle over the pay-TV group.
  • Walt Disney names creative heads of animation studios
    (Reuters) - Walt Disney Co on Tuesday split the role of its outgoing creative head John Lasseter and appointed two Academy award winners to spearhead its two animation studios.
  • Ford to redevelop symbol of Detroit decline to house tech workers
    DETROIT (Reuters) - Ford Motor Co executives on Tuesday said the automaker will renovate and revamp Michigan Central Station, Detroit's infamous blighted landmark, turning it into offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services.
  • VW names interim Audi boss, seeking to steady brand after CEO arrest
    MUNICH (Reuters) - Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe.
(ARA) - The presents have been opened and the gift wrap has been thrown away, and the holiday shopping season has come to a close. A time-honored tradition to be sure, but also one that was hopefully approached thoughtfully. As virtually anyone can tell you, it's easy to spend, but once you've spent too much, you might find yourself in a financial challenge.

For many shoppers, a shopping decision is as easy as pulling out a credit card. And although cards can be a good way to build credit and earn rewards, when used wisely, they can also be a downfall for some shoppers who use them carelessly. According to a recent Consumer Reports survey, as many as 14 million people admitted that they're still paying off purchases from last year's holiday season.

"If it's taking more than a year to pay off purchases, you're possibly on the way to damaged credit," says Barrett Burns, CEO of VantageScore Solutions, LLC. "The short term enjoyment that you might get from a purchase could be far outweighed by potential stress that could come later when those credit card bills come due. Taking steps to maintain good credit will alleviate a lot of headaches and allow you to take advantage of record low interest rates."

If you make smart shopping decisions throughout the year, you'll be protecting yourself from financial stress down the road. But it's also important to remember that even if you've already overspent, you can still make wise decisions about your credit going forward that can help you in the long term. Keep these credit score tips from VantageScore Solutions in mind.

When shopping
* Apply for credit sparingly. Although there are plenty of tempting offers and advertisements for credit cards, every new credit card account will appear on your credit report. Too many new credit card accounts over a short period of time can potentially damage your credit score. While the temptation might be there, you should apply for credit with the same thoughtfulness you'd use when making purchases with a credit card.

* Plan ahead. Credit scores take into account how much available credit you have. If you are planning on making a large purchase on credit in the future, consider limiting the use of your credit cards. This will not only allow you to retain your available credit balance, but can help you in getting the best interest rate for that big purchase.

If you've overspent
* Reduce your balance. A lower balance can help to improve your score and leave room for unexpected expenditures. A good rule of thumb is to try to keep balances under 30 percent of your total credit limit. For example, if your credit card limit is $3,000, try to keep your balance under $900. Although it is important to pay your all of your credit obligations, try to put more effort into bringing down higher balances to under the 30 percent threshold.

* Make payments on time. Establishing a positive payment history by paying your credit obligations on time, each and every month, can have one of the biggest impacts on your credit score. Don't let one missed or late payment potentially damage the credit score that you have worked hard all year to maintain. In addition, by maintaining a good credit score, you can help ensure that you get the most favorable interest rates on your credit accounts.

Taking a thoughtful approach to shopping - and paying off your shopping bills - can help you not only make smart purchases, but keep your credit score in good shape for the future. To learn more, go to www.vantagescore.com and visit www.creditscorequiz.org to test your knowledge about credit scoring.Smart shopping tips to keep your credit healthy
Category: Business