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Charles & Colvard introduces branded colorless moissanite
Rapaport
Retailer Charles & Colvard, Ltd. is expanding its moissanite product line with the addition of Forever One, the company's first colorless (D-E-F) grade of the lab-grown gemstone. They are marketed as socially responsible and available at a fraction of the cost of diamonds. "Forever One is a game changer for the jewelry industry, it's the most superior moissanite I have ever seen," said Marvin Beasley, president & CEO. The gemstone have a hardness of 9.25 and refractive index of 2.65 to 2.69, according to a company announcement.
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Millions of Americans who avoid banks offer a peek at the underground economy
Reasons.com
It’s a changing world, and an increasingly digital one. Money often seems to be embodied more by the brisk transfer of electronic signals than by the anonymous exchange of paper notes and metal coins. Denmark actually plans to shut down the printing presses (the physical ones—don’t expect the money supply to suffer any restrictions) and some economists think everybody else should follow suit.
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Army makes it easier to get interest-free loans
Army Times
As of Sept. 9, nearly all soldiers with more than a year’s service can apply for financial help directly through the Army Emergency Relief program without notifying their chain of command. AER officials said that they hope the move makes their offerings of grants and interest-free loans more attractive to service members in need, keeping them away from outside-the-gate lenders whose interest rates may reach as high as 36 percent, and from title-loan offerings and pawn shops that may have even worse terms.
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    Pawnshop owner in Minnesota aspires to do more than buy and sell items
    Worthington Daily Globe
    Good Fellaz owner Brad Berg said he wanted his pawnshop to stand out and offer a different kind of experience. "A lot of times you walk into a pawn store and they'll have TVs and just really generic-type items with concrete floors," Berg said. "We try to be a bit more upscale. We try to carry stuff that is more unique and more niche-y." Good Fellaz originally opened in Truman, Minnesota, nearly three years ago after Berg decided to quit his lobbying job.
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    Gold prices are set to jump, this pattern suggests
    MarketWatch
    Investors had all weekend to chew on what the holders of American interest rates had to say last week and what it means for the market in what is a historically tough stretch. Macro Man, an anonymous blogger who consistently churns out the goods, wrote of the "absurdity" of the Fed's latest meeting and why the central bank’s credibility is in bad shape. As a bonus, he even wrote his thoughts in the third person, for some added gravitas.
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    Controversial EZ Pawn closing shop
    Austin Weekly News
    Oak Park and Chicago rallied in 2013 to block the opening of a fifth pawnshop within a couple-of-block radius, even filing a lawsuit to stop the business from moving into the neighborhood. Nearly two years later, the EZ Pawn says it's closing up shop because its lease was not renewed.
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    Arizona detectives test-fired pawnshop weapons
    USA Today
    Arizona Department of Public Safety spokesman Bart Graves said the break in the freeway shooting case was the result of exhaustive investigative work in which weapons from local pawn shops were test-fired at the state crime lab.
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    $55 million Blue Moon diamond headed to auction
    CNBC
    A stunningly rare and large blue diamond will be the centerpiece of Sotheby's jewelry auction this fall, carrying a $55 million pre-sale estimate. Known as the Blue Moon diamond, the 12.03 carat gem is considered the largest cushion-shaped fancy vivid blue diamond to ever appear on the auction block.
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    Trio charged in Yakima, Washington, pawnshop scheme ordered released
    Yakima Herald-Republic
    All three defendants implicated in a scheme to resell shoplifted merchandise on eBay through a Yakima, Washington, pawnshop were ordered released without bail. At brief hearings in U.S. District Court in Yakima, Magistrate James Hutton entered not guilty pleas on behalf of Todd Pomeroy, the co-owner of Yakima Gun and Pawn, and employees Feliciano Romero Luna and Jose Luis Hernandez-Lopez.
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    Samsung plans to follow Apple's lead again, offer smartphone financing program
    AppleInsider
    Citing an industry executive familiar with Samsung's plans, Fortune reported that Samsung plans to launch a smartphone leasing program "in the next several months," or perhaps sooner. Such a move would make it easier for users to spread the cost of a new Samsung phone out over a period of time, rather than paying hundreds of dollars up front.
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    TRENDING ARTICLES
    Missed last week's issue? See which articles your colleagues read most.

        Austin, Texas, pawn chain acquires rival, expands presence in 2 states (Austin Business Journal)
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    Q&A: Hardcore Pawn — Talking to Ashley Gold (TV Grapevine)
    More than 100 instruments donated to DC Virgo Preparatory (WWAY-TV)

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    NPBA Weekly NewsBrief
    Colby Horton, Vice President of Publishing, 469.420.2601
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