Is 1% too much to pay? Getty Images/iStockphoto Question: My current brokerage account charges 1% and also has high-priced funds so I’m thinking of moving my money. My question is should I wait until...
Tag: Credit
I shared expenses 50/50 with a friend on vacation. She wants me to split the cost of her credit card’s foreign-transaction fees. Is that sharp practice?
Dear Quentin, I recently took a trip to another country with a friend. We agreed to share expenses. When they presented their list of expenses, they included a foreign transaction fee charged by the c...
Morgan Stanley warns this corner of the credit market could be first to implode as interest rates rise
Now that Federal Reserve Chairman Jerome Powell has made it abundantly clear that the Fed has no plans to slow the pace of interest-rate hikes, some bond-market experts are warning that the most specu...
I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do?
I went into business with friends operating a night market. We hold big events every two weeks. We started an LLC as equal members, all with a 25% share. Friend A had the idea to do it and said they w...
Bitcoinblack, Founders of the No-Limit Crypto Credit Card, Partner with Haute Living Magazine to Launch Exclusive Luxury Marketplace
Miami, Florida, 30th August, 2022, Chainwire With the official announcement of the much-anticipated Haute Living Luxury Marketplace, Bitcoinblack members can now redeem their SPEND tokens to purchase ...
Honda Is The Latest Car Maker To Plan A Big U.S. Battery Plant—Just In Time For New EV Tax Credit
Honda and LG are planning a $4.4 billion battery plant to supply lithium-ion packs for models including the 2024 Acura ZDX crossover. Honda Motor Co. Honda Motor Co., which doesn’t sell any autos in t...
High Prices For New And Used Cars Squeeze Out Borrowers With Subprime Credit
A CarMax lot holds hundreds of used cars and trucks in Gaithersburg, Md. Getty Images Consumers with good credit are buying more used vehicles, likely because used vehicles are relatively more availab...
I’m 62, single and never had a retirement account. I have $100,000 to invest, but is it too late?
I am a 62 year-old single man and have never had a retirement account. I do own both my home and a rental property which are paid for and I have no other debt. I have $100,000 in savings which I would...
Australian Scammers Prefer Crypto than Credit Cards: Report
Scammers in Australia notably prefer payments in digital currencies more than credit cards, as the anonymity in offers gives them some level of protection. According to a report from The Sydney Mornin...
Bitcoin Has Stumbled. That’s Not a Good Sign for Stocks.
Text size Bitcoin’s drop isn’t much of a surprise. Interest rates have risen in the past few weeks as markets worry that the Federal Reserve would keep lifting rates to combat high inflation. Risk ass...
Scammers Now Prefer Crypto Over Credit Cards
Alex Dovbnya Crypto scams have replaced credit card scams in Australia due to the rising popularity of digital assets According to a recent report by the Sydney Morning Herald, criminals have shifted ...
How to cancel a credit card without hurting your credit score
Before you cut up your card, learn the consequences of closing your account and the steps you should take to close it the right way. / Credit: Getty Images Are you thinking about canceling your credit...
Shrinking the Fed’s balance sheet sheet is not likely to be a benign process, new Jackson Hole study warns
“If the past repeats, the shrinking of the central bank’s balance sheet is not likely to be an entirely benign process and will require careful monitoring of the banking sector’s on-and off-balance sh...
These dividend stocks can protect you as the Federal Reserve slows the economy
With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...
Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year
Stocks in the S&P 500’s energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial. The strong ...
NearPay connects banking to crypto with virtual credit cards
The worlds of fiat and crypto have finally become entwined as NearPay launches its virtual crypto cards and wallet apps. NearPay has launched its virtual crypto cards together with its wallet, availab...
‘The backlash to quiet quitting smacks of another attempt by the ruling class to get workers back under their thumbs:’ Am I wrong?
I have something to get off my chest. Please bear with me. We learned a lot from the (more than) two years of pandemic life. Among those lessons: 1. We can be really effective and productive working ...
‘Home prices where I live are close to $600,000.’ Is it a smart move to buy a house with all-cash — or better to take out a mortgage?
Dear Big Move, I’ve recently been thinking about purchasing my first home at 35. I have a nest egg of about $1.8 million that I’ve accrued over the past 14 years. This money is completely invested in...
Mastercard CEO Says Credit Card Giant Working With Binance To Enable Customers Make Crypto Payments
The chief executive officer of Mastercard says that the credit card giant is teaming up with digital asset exchange Binance to boost crypto payments for everyday purchases. CEO Michael Miebach says th...
Opinion: These 3 safe stocks yield more than 10-year Treasurys
After the volatility of early 2022 and the aggressive rate tightening by the Fed, there’s a return of chatter about the “Great Rotation” – that is, a broad move among investors to reduce exposure to g...
Financial markets are bracing for what could be a ‘very hawkish’ Jackson Hole speech by Fed’s Powell
Financial markets are bracing for Friday’s widely-anticipated Jackson Hole speech by Federal Reserve Jerome Powell and expecting that he’ll signal the continued need for aggressive interest-rate hikes...
Bend DAO Proposes Emergency Measures As Credit Crisis Escalates
NFT-collateralized crypto loans platform BendDAO initiated measures to course correct itself as a liquidity crisis over the weekend threatened to spiral out of control. The unfolding situation at Bend...
Zoom Video Stock Dives. Citi Says Lowered Guidance May Be ‘Too Optimistic.’
Text size Zoom cited soft performance in its online business, a segment focused on smaller businesses and the consumer. Olivier Douliery/AFP/Getty Images Zoom Video Communications stock dived Tuesday ...
Bed Bath & Beyond Clinches Loan Deal
Bed Bath & Beyond Inc. has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter. The company on Tuesday told pros...
Grammy winner Ed Sheeran is worth an estimated $200 million — but he’s a fan of this penny-pinching savings hack (and psst: pros say you may want to do it too)
Ed Sheeran Getty Images for the Ruth Strauss Foundation Thanks to hits like “Shape of You,” “Bad Habits,” “Castle on the Hill” and “Perfect,” Grammy Award winning singer-songwriter Ed Sheeran has an e...
My $10,000 in student debt is canceled. What should I do now? Save for retirement, invest in the stock market and bonds — or buy a home?
President Joe Biden made a long-awaited announcement in August that individuals earning less than $125,000 a year would have $10,000 in federal student loan repayments forgiven, but that would rise to...