HongKong, China, 14th January, 2022, Chainwire Credit is not only the cornerstone of the market economy, the credit mechanism has also penetrated into every corner of society, and the credit system ha...
Tag: Credit
The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them
Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.21% to buy a Tesla TSLA, -6.75% and to buy or pay for lots of oth...
Student-Loan Processor Navient to Cancel $1.7 Billion of Debts
One of the nation’s largest student-loan processors will cancel the debt of 66,000 borrowers, totaling $1.7 billion, in an agreement with 40 state attorneys general. The agreements resolve all six out...
Inflation hit a 31-year high. 7 pros on how they invest during high inflation
Getty Images If you feel like you’ve been paying more for everything from food to tech products, you’re onto something: In December, consumer prices rose 7% from a year prior, which is the highest U.S...
Bitcoin and Other Cryptos Are Stabilizing. The Miners Look Like Value Plays.
Text size Dreamstime Bitcoin and other cryptos were trading higher on Tuesday, showing signs of stability after one of their longest losing streaks since 2018. Bitcoin was pricing around $42,900, up 2...
The yield curve is no longer sending a don’t-worry-be-happy signal, warns bond king Jeffrey Gundlach
The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...
Opinion: Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider
Investing is all about being in tune with the trends. Here’s one to be aware of for 2022: Value stocks will most likely beat their growth counterparts. The trend is already under way. Consider: * The ...
Internet’s Biggest Marketplace For Stolen Credit Cards Will Shut Down
Topline UniCC, the largest online marketplace for stolen credit and debit cards, announced it will close next week after facilitating $358 million in transactions over nine years, blockchain analytics...
TransUnion wants to bring credit checks to the crypto lending market
advertisement American credit reporting firm TransUnion is set to introduce credit scores to the crypto lending space, the Wall Street Journal reported on Wednesday. TransUnion has partnered with secu...
TransUnion’s crypto will now check credit data for the crypto lending space
Institutions that lend cryptocurrency will now have the ability to check credit reports. For example, TransUnion (NYSE: TRU), a major consumer credit reporting firm in the United States, will allow fo...
Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’
When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...
These 14 bank stocks are in the best position to benefit from rising interest rates
What would you say if you were told about a company whose stock was trading much lower to expected earnings per share than the S&P 500 Index? At the same time, it’s also expected to increase EPS n...
‘She has no life insurance, savings or money’: My brother died, leaving his wife with $20,000 in debt. How can I help her?
Dear Quentin, My sister’s husband died last week. They had both lived with us for the previous nine years before moving into an independent living facility. They were there for two and a half months b...
Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘
JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...
Should I buy General Electric shares after a positive view from Credit Suisse?
General Electric Company (NYSE: GE) shares have advanced more than 5% since the beginning of the 2022 year, and the current share price stands at $101.40. Credit Suisse has a positive view for the sha...
Biogen’s Alzheimer’s Drug Aduhelm Has Another Shot at Success
Illustration by Elias Stein Text size Biogen ’s Alzheimer’s disease therapy, Aduhelm, has been a disappointment for the company since its Food and Drug Administration approval last spring, with early ...
The Federal Reserve Can Neither Suffocate You, Nor Elevate You
It’s all so predictable at this point: Fed minutes offering clues about its future plans come out, and the economic commentariat goes into a frenzy. Supposedly if the central bank “loosens,” it will “...
Bitcoin Price Falls to 3-Month Low. Has It Fallen Too Fast?
Text size Bitcoin Dreamstime Bitcoin declined to three-month lows on Friday as minutes of the latest Federal Reserve meeting raised the possibility the central bank could boost interest rates as soon ...
I’m a 60 and took out student loans for my child. I owe $36K. What should I do?
Getty Images/iStockphoto Question: I’m a U.S. Army veteran, and I’ve been paying the loans I took out to send my child to college, but the interest was crushing from day one. I’m 60 and I don’t know i...
I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling – will I have enough money?
Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial acknowledging that his son will inherit his estate h...
These S&P 500 stocks have cratered, but analysts think 12 can turn it around with rebounds of up to 70%
A period of high inflation and rising interest rates has taken out shares of companies with rich valuations. Then there’s the stubborn coronavirus, with variants raising infection rates and causing st...