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Precious metals prices will be more volatile beginning Oct. 1
Precious Metals Prices are going to get more volatile starting Oct. 1. The CME Group, which owns the COMEX, NYMEX, GLOBEX, and other commodity exchanges, has announced new margin rules on leveraged accounts to take effect that date in order to comply with the Dodd-Frank law. Leveraged investments are those where the investor borrows funds, usually from the broker, in order to purchase or sell short a larger quantity of an asset than would be possible with just the funds the investor had available.
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Cutting it with a better class of pawn
The Sydney Morning Herald
It's one of the most delicate dilemmas faced by television producers today: how upmarket should your reality pawnshop series be? Do you go classy-scholarly like Pawn Stars, or do you go crazy-homeless people threatening angry men like Hardcore Pawn?
Connecticut court: Law limits pawnshops' interest rates
The Associated Press via WTNH-TV
The Connecticut Supreme Court has ruled that state law limits how much interest pawn shops can charge consumers who agree to buy back items they sold to the shops in exchange for loans. The court ruled that the law caps interest on "repurchase agreements" at 12 percent a year.
Cops: Moving company worker pawned customers' jewelry
A routine check of pawnshop transactions turned into the arrest of an Elmont, New York, man on larceny charges after detectives learned he made multiple sales to two pawnbrokers in Nassau County, police said. The pawned items were then traced to jewelry stolen during moves by the victims using a moving company where the suspect worked, police said.
25 Top YouTube channels for small business owners and entrepreneurs
Small Business Trends
As Jonathan Davids, founder of influencer marketing platform Influicity recently explained to Small Business Trends contributor Brent Leary, YouTube is becoming an important place for brands to connect with customers. But it can also be an important place for small business owners and entrepreneurs to learn more about building and running their companies correctly.
Apple iPhone 6 vs. iPhone 6 Plus: What's the difference?
When Apple's introduced its two newest marquee handsets yesterday, the most readily discernible difference between the iPhone 6 and iPhone 6 Plus was their sizes. And that's no wonder — the latter has nearly an inch more display real estate and weighs about 1.5 ounces more than its smaller sibling.
Suspect arrested after going through roof of pawnshop
One suspect is in custody after police say he broke into a Missouri pawnshop and was caught trying to steal merchandise. It happened at the Pawn King. Police say the suspect moved an air conditioning unit on the roof to get into the store. Then he started putting power tools and a tablet in an area between the ceiling and roof.
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4 business rules you can safely break
When it comes to certain aspects of running a business, such as withholding employee taxes, it pays to follow the rules. In other areas, however, straying from standard practices might be a smart move.
2 charged in Roseville, Minnesota, pawnshop armed robbery
Two St. Paul men were charged in the armed robbery of a pawnshop in Roseville, Minnesota, on July 21. According to the criminal complaint, Derrick Lynch, 51, and Marvin Spenver, 51, used a semi-automatic handgun to rob Pawn America of approximately $200,000 worth of jewelry.
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