Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...
Tag: Credit
The IRS will stop sending out one type of taxpayer notice to try to cut down on aggravation this tax season
Trying to minimize aggravation during a tax-filing season that could have plenty of challenges, the Internal Revenue Service said it is pausing one of its notices that could ferment taxpayer frustrati...
Crypto Credit Card Usage Reaches $2.5 Billion in Q1: Visa
In an earnings call on Thursday, Visa stated that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022. That’s over 70% of all crypto-card ...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
‘This feels very unfair.’ I’m 73 and worked full-time in education. Over 17 years, I made only one late payment on my student loans. I still owe $12K. Can you help?
Getty Images/iStockphoto Question: I’m 73 years old. I took out student loans in 1999 and consolidated in 2004. I have made only one late payment in the 17 years I’ve repaid. I worked full time at two...
Opinion: ‘Easter Bunny cartoon cash’ — how Bill Maher called the Bitcoin crash
Young people were already feeling depressed about their future retirement prospects, according to polls. Still more following the collapse of all their cryptocurrency bets, one suspects. More than $1 ...
MoonPay rolls out credit card checkout tool for NFT purchases
MoonPay, the crypto unicorn fuelling NFT mania, is now offering a service that will allow punters to buy digital art and collectibles with cash. MoonPay’s clients — which span big brands to NFT mark...
CFPB signals crackdown on hidden fees for banks, credit cards
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday signaled a broad crackdown on hidden a...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
Why the Floor for Bitcoin’s Price Is Zero
Text size What matters for Bitcoin is price momentum. Dreamstime A few thoughts early in the trading week: Recent crypto buyers who are sitting on deep losses surely don’t need me reminding them that ...
Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?
Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...
Where to buy Moss Carbon Credit coin (MCO2): it is up 287% in two days
Moss Carbon Credit coin (MCO2) has been on a monster Bull Run since January 22 when a majority of the cryptocurrencies were witnessing a sharp nosedive. Bitcoin, in particular, dives below $40K to abo...
Benefits and Rewards of the Sam’s Club Credit Card
Sam’s Club is a membership-only retail warehouse club that is a division of Walmart Stores Inc. (WMT). Three types of Sam’s Club membership programs are available to the public: Sam’s Club, Sam’...
Tesla, AT&T, Apple, Microsoft, Visa, and Other Stocks to Watch This Week
Text size Uncredited It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed ...
Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall
After relocating to Zurich last spring to run Credit Suisse Group AG CS -1.83% as chairman, António Horta-Osório flew to London and Lisbon for work meetings and business events, then spent time with h...
SoFi Stock Set to Rise on the Company’s Growth
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Wall Street: $100 Oil Might Just Be the Beginning
Text size The big question now for oil is where the U.S. dollar goes. Oil is priced in dollars and a strong dollar tends to hurt oil prices. Mario Tama/Getty Images A bet on $100 oil has gone from a l...
We’re in our 60s, my husband plans to work until he ‘drops dead’ and our medical bills are overwhelming – how can we retire like this?
My husband works for the county making approximately $55,000 a year but before that was in retail with earnings of only about $36,000. In 1996, our daughter was diagnosed with a life threatening incur...
Credit Suisse Faces $9 Million Fine from US Regulator
The Financial Industry Regulatory Authority (FINRA) in the US has slapped a $9 million fine on Credit Suisse Securities, a unit of a Swiss banking giant, for multiple violations of regulatory laws and...
Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies
Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...
I’m an attorney with more than $200K in student loans. How should I handle this?
Getty Images/iStockphoto Question: I’m an attorney with over $200,000 in federal student loan debt, and I desperately want to file for bankruptcy on these loans. I’m on an income-driven repayment plan...
GMT with Simplex to allow you to buy tokens with a credit card
SPONSORED POST* PRESS RELEASE On January 18, GMT implemented a new way to buy its tokens. In addition to the crypto-to-crypto method of purchasing GMT token, which allows you to buy tokens through a p...
Virgin Galactic Stock Is Worth Just $10, Analyst Says
Text size Virgin Galactic stock closed on Tuesday down 85% from an all-time high of almost $63 set back in February 2020. Courtesy Virgin Galactic Investors in space tourism pioneer Virgin Galactic Ho...
The 60/40 portfolio ‘is in danger’ as Federal Reserve gears up for a rate-hike cycle in coming months
The traditional portfolio mix of 60% stocks and 40% bonds, historically seen as the safest allocation for investors of moderate-risk tolerance, “is in danger” as the Federal Reserve gears up for its f...
Goldman Sachs Stock Is a Buy—Even After a Disappointing Quarter
The lobby of the Goldman Sachs headquarters building in lower Manhattan. Goldman had a strong 2021, although trading slowed in the fourth quarter. Victor J. Blue/Bloomberg Text size Goldman Sachs Grou...