Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out the part of its business that catered to crypto firms. It’s a development that sh...
Tag: Credit
Suze Orman says to be ‘very, very careful’ before you do this — but for some people it can be a savvy money move
Suze Orman has a message about HELOCs: “Please be very, very careful if you are considering borrowing against the equity in your home. It is very risky.” Anna Webber/Getty Images Home equity lines of ...
Coinbase, MicroStrategy and Other Crypto Stocks Fly. Why Gains Could Continue.
Shares in companies exposed to the cryptocurrency space tore higher on Monday. Many of these stocks are beaten down and widely bet against by traders, which means that gains could be accelerated throu...
Get Up to 50% of Annualized Returns When You Stake LYO Credit
Staking LYO Credit tokens on LYOTRADE, a licensed crypto exchange that offers a variety of staking services, enables you to receive up to 50% per year. Staking is a type of consensus mechanism of blo...
8 places you may earn between 3%-7% or more on your money right now (and psst: some have guaranteed returns)
Where exactly should you put money to — at least somewhat — stave off inflation? We asked certified financial planners and experts to share their thoughts. Getty Images Though inflation has cooled a b...
Why a stock market obsessed with the Fed’s inflation fight should focus on Main Street jobs in 2023
Fortunes on Wall Street this year could hinge less on what’s happening to high-paid workers in San Francisco’s reeling technology sector and more on a familiar part of American life: the working class...
Trump Seeks Credit For McCarthy’s Speakership After Former MAGA Leaders Ignored Him
Topline After a historic and painstaking 15 rounds of voting, Rep. Kevin McCarthy (R-Calif.) thanked former President Donald Trump for helping him “get those final votes” to win his bid for House spea...
6 value stock picks for 2023 from successful money managers
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...
Turning 72 or 73 this year? Here’s what to do about your required minimum distributions
Anyone turning 72 years old in 2023 is getting a birthday present from Congress – one more year to push back their required minimum distributions from their retirement accounts. As part of the Secure...
CES 2023: AMD, Nvidia, auto applications get the hype, but analysts say this one chip maker ruled
As CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but a lower profile chip maker appears better positioned...
One Iowa credit union is offering a 6% APY on its 1-year CDs. 3 reasons to consider opening one right now
If saving more money is on your list of 2023 financial resolutions, you might be thinking about where to put your savings and the fastest way to grow your funds. For some savers, a certificate of depo...
Improving Credit Scores For Rental Housing, Not Banning Them, Is The Answer
Good credit is powerful for individuals in the economy; improving credit scores helps while banning … [+] the use of scores doesn’t solve underlying poverty. getty Across the country, worr...
Highest bank account bonuses for January 2023 (up to $3K)
There are some steps to take to earn any of the best bank account bonuses. Getty Images Earn hundreds, even thousands, of dollars for opening a checking or savings account? That’s the promise many ban...
I am 60 and plan to retire in March. I have $113K in my 401(k) and no other savings, but I will get an early retirement package of 9 months salary. Should I get a pro to help me?
Question: I am accepting an early retirement offer from my long-term employer of 24 years. In March of 2023, I will retire and receive nine months of salary as well as my benefits. During this time I ...
You can earn 3%-4% on your savings account. 7 smart ways to save more in 2023
Converting your monthly billpay to paperless can result in “over $1,000 a year in savings”, according to an expert. Getty Images/iStockphoto The No. 1 financial new year’s resolution for 2023 is to bo...
Opinion: It’s time to buy I-bonds again. Here are 3 ways to maximize your $10,000 inflation-fighting investment.
The once-obscure Treasury investment soared in popularity last year because of its enticing inflation-adjusted rate, which peaked at 9.62%. That leapfrogged bank deposit accounts and completely trounc...
As 2023 Dawns, Guidance On The Technology-Neutral Tax Credit Under The Inflation Reduction Act (IRA) Is Needed
Rep. Sean Patrick Maloney (D-NY) stands silently during a press conference on the the Inflation … [+] Reduction Act at Glynwood Boat House on August 17, 2022 in Cold Spring, New York. Getty Imag...
Earn $3,500 cash by opening a savings account? The offer is real for the next week — but there are hurdles
If the account balance for this savings account falls just one dollar short of the required minimum, that hefty bonus is diminished in half to $1,750. istock Looking for some extra cash after a busy h...
I want to retire in 4 years on $3,100 a month. Is this enough, and do I need a pro to help?
Getty Images/iStockphoto Question: I’m retiring in four years at $3,100 a month income, per my calculations. How can I stretch this amount as far as possible, and should I hire a professional planner ...
Nvidia in Pact With Foxconn to Build Autonomous Cars
Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...
‘2022 has been the scariest year of my adult and professional life’: One mortgage broker reveals how the housing slowdown upended financial security.
When mortgage rates hit 7% in the fall, Austin-based mortgage broker Aaron Kovac was a little spooked. After a stunning rise in home sales amid ultra-low interest rates, “the market just went absolut...
My wife and I live ‘an average life’ in the Bay Area making $320K. Last year, we bought a house for $200K over asking — now we don’t want to live in it. Should we get professional help?
Getty Images/iStockphoto Question: I was a victim of FOMO during the housing market craziness and bought a house for $200,000 over the asking price. Now house prices are coming back to reality, and I ...
Credit Suisse Suggests 2 Stocks to Buy
The conventional wisdom is saying that after the high inflation and severe market losses of 2022, we’re in for a rough ride going forward. But there are always contrarian voices, giving alternate opin...
Do these 15 things in 2023, and you’ll be significantly richer
Make 2023 the year you commit to saving more. Getty Images I wrote about saving money a lot in 2022, and that meant I saw a lot of ways that people suggest you save money. Most of them, quite frankly,...
These 15 Dividend Aristocrat stocks have been the best income builders
The S&P Dividend Aristocrats deserve more coverage. Those are companies that have raised their dividend payouts consistently over the years — they’re dividend royalty, as it were. As a group, they...