Updated throughout the day.
Toyota (TM) may miss North American output goals (Nikkei news service)
GM is going back to early bidders for Hummer now that its deal with Chinese firm Sichuan Tengzhong Heavy Industrial Machinery has fallen apart. (NYTimes)
Large hedge funds are making huge bets against the euro (WSJ)
Blackstone’s (BX) will have China’s national pension fund as an investor in its new fund based in the world’s most populus country.
China Ministry of Commerce is “stress testing” a rise in the yuan (21st Century Business Herald)
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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