KeatsConnelly Cross-Border Weekly Best of the Web 2013-12-4

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets. This week we offer a mix of articles discussing debt among seniors, Cyber Monday sales,  and the Affordable Care Act website.

What happens if Mom and Dad die in debt?(www.theglobeandmail.com) The question has to be asked in light of the trend of rising debt loads among seniors: What happens if someone dies while owing money on a credit card or line of credit? With debt levels at historic highs and climbing, the answer is almost disturbingly mild. If you go before your debts are paid, your estate is responsible. No money in the estate? That’s tough luck for your lenders…

Cyber Monday sales surge to record as Amazon to EBay win shoppers (http://business.financialpost.com)  Cyber Monday sales surged, sending online shopping toward a single-day record as Amazon.com Inc. and EBay Inc. siphoned consumers from brick-and-mortar stores. Online sales rose 19% from 2012 as of 9 p.m. in New York Monday, International Business Machines Corp. said in an e-mailed statement. Retailers catering to smartphone and tablet users benefited the most, with mobile traffic accounting for 30% of the total site visits, an increase of more than 58% from last year, IBM said..

Obama launching revamped healthcare strategy(www.advisor.ca) Seeking to move past its website woes, the Obama administration is launching a two-pronged healthcare strategy this month aimed at avoiding enrolment snafus come January, while also trying to refocus the public’s attention on broader benefits of the sweeping law. President Barack Obama will focus on those benefits at a White House event Tuesday. Flanked by Americans who the White House says have benefited from the overhaul, the president will try to remind Americans that his health law is preventing insurance discrimination against those with pre-existing conditions and is allowing young people to stay on their parents’ coverage until age 26…

Come back next week for more interesting news and articles. Enjoy the rest of your week!!

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Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
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