Investing

Today's Best Market Rumors (12/21/2009)

Updated throughout the day.

Dubai World will meet with creditors but offer no proposals (various).

China’s sovereign fund CIC will get a new infusion of $200 billion (FT)

Goldman Sachs (NYSE:GS) will moves some of its staff from London to Spain to avoid a tax on bonuses.  (The Independent).

Royal Dutch Shell (NYSE:RDS.A) will sell $5 billion of Nigerian assets because of instability in the country. (NYT)

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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