The U.S. economy is somewhere in the middle of the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed ...
Tag: Credit
U.S. Bank workers opened fake accounts to meet sales goals, feds say
NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...
The Fed will cut rates next year, says BofA. Here’s what will happen to Treasurys.
All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the fast pace of monetary tightening with another 75 basis-point hike in borrowing costs. But even...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...
PayPal Is Being Targeted by Activist Elliott. Here’s Why.
Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PY...
Credit Suisse stock price has crashed. Will the new CEO save it?
Credit Suisse (SWX: CSGN) stock price rose by more than 2% in Switzerland after the embattled bank named a new CEO. The shares have been in a strong bearish trend in the past few months as the company...
Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending
Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unea...
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstei...
‘We get hundreds of thousands of dollars in royalties’: My late father left his investments to me and my sister, but gave me more than 50%. My sister wants half. What should I do?
Dear Quentin, My sister is two years older than me. We both are married and have incomes in the low six figures, and our husbands have similar earnings. When she was in her 20s, my sister and her husb...
Do not leave any paper trail: how a group of sovereign citizens used a phony credit repair business to amass a real estate empire
Bad credit? No problem. A group of alleged scam artists have been charged with running a fraudulent credit repair business and then using their clients’ identities to get mortgages on millions of doll...
Celsius customers write pleas to bankruptcy court to get crypto back: ‘This is an emergency situation, simply to keep a roof over my family and food on their table.’
Some customers of crypto lender Celsius Network, which filed for bankruptcy earlier this month, have written to the Bankruptcy Court for the Southern District of New York, with a hope of getting their...
1 in 5 Americans dodging credit card statements as interest spikes
domoyega | E+ | Getty Images As credit card debt swells and interest rates spike, many spenders are fearful about high balances. Nearly 1 in 5 Americans are afraid to check their credit card statement...
The Fed’s next rate hike could be huge. One simple way to profit from it
Some pros are speculating that the Fed could raise interest rates 1% at their July 26 meeting. Getty Images/iStockphoto Experts predict that the Federal Reserve will raise rates at their July 26 meeti...
A Look At Some Of The Earnings Coming the Week Of July 25
Businessman analyzing financial report data of the company operations (balance sheet, income … [+] statement) on virtual computer screen with business charts, fintech getty This coming week, sev...
Users of payment services like Zelle need better scam protection, Dems tell CFPB
It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...
If Gabon’s Largest-Ever Carbon Credit Sale Works, It Will Be World-Changing
African forest elephant (Loxodonta cyclotis) in Lekoli River, Odzala-Kokoua National Park, … [+] Cuvette-Ouest Region, Republic of the Congo. (Photo by: Education Images/Universal Images Group v...
Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says – Regulation Bitcoin News
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are...
It’s time to overweight small caps as ‘they’ve come very close to pricing in recession’: RBC Capital
Small-cap stocks have attracted more investors and analysts attention this week with their benchmark index the Russell 2000 jumping 3.5% on Tuesday to 1799 points, its biggest one day percentage gain ...
Taiwan Plans To Stop Crypto Purchases Via Credit Cards – crypto.news
According to a recent report, Taiwan is getting ready to prohibit all credit card purchases of cryptocurrency from banks. The Financial Supervisory Commission (FSC), the nation’s financial watchdog, h...
Taiwan prohibits the use of credit cards in crypto purchases
The Financial Supervisory Commission (FSC) in Taiwan has said that cryptocurrencies are risky assets mainly used for speculation. Therefore, the regulator wants to ban using credit cards to buy crypto...
Milo Credit Has Given Up To $10 Million Loan Since April
We have touched a $10 Million bar since April in the USA only: Milo Credit “The success of our company is a clear proof of our ability”:CEO After a long time since the crypto m...
I’m 40 and married with 2 kids. How aggressively should I invest my money right now, and should I own crypto? Here’s what 5 financial advisers told him to do now.
Should crypto be a part of your overall investing strategy? Getty Images/iStockphoto Question: I’m 40, married with two kids and gainfully employed. I’m wondering how aggressively I should be investin...
Taiwan Moves to Ban the use of Credit Cards to Acquire Cryptocurrency
Taiwan through its Financial Supervisory Commission (FSC) has moved to ban the use of credit cards in purchasing cryptocurrencies. As per reports from local media, the FSC in a letter to the local ban...
Taiwan calls for a ban on the purchase of crypto from credit card –
Credit card companies are asked to ban crypto companies from being merchants. The Financial regulator has given a time of three months for compliance with the new rules. The financial officer of Taiwa...
Crypto Purchases Using Credit Cards To Be Banned In Taiwan: Report
Cryptocurrency transactions using credit cards will no longer be allowed in Taiwan, as the island nation’s watchdog believes digital currencies are risky and speculative assets, local reports disclose...
Taiwan to Prohibit Purchasing Crypto With Credit Cards (Report)
Taiwan’s Financial Supervisory Commission (FSC) believes cryptocurrencies are risky and speculative assets. As a result, the regulator intends to prohibit the use of credit cards for crypto purchases....
15 quality dividend stocks that you can buy on sale right now
John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 ...