The New York Times reported that banks are getting into the check-cashing game, charging fees for the service. The publication reported that this has been a sea change for lenders, now getting into an arena that has traditionally served lower-income people or the unbanked and...
This year more than most, bombastic speeches about wealth inequality and the shrinking middle class seem more like rhetorical props than actual issues in the real world. More often than not, the discussions revolve around economic redistribution as some kind of zero-sum game between the...
Student loan debt — it’s an issue in the halls of academia across America, in the halls of power on Wall Street and even on the presidential campaign trail. However, few people ever stray beyond the talking points of “Debt bad; Degrees good!” and, as...
Homes might not have been a great investment seven or eight years ago, but now that the housing market has more or less stabilized, homeowners looking to get to work on that new addition have even more help on the financial front. Prosper Marketplace and...
If it stands to reason that economies don’t develop at the same rates, then it should follow that the consumers in those economies also experience fluctuations to their confidence in larger markets. It should also follow that the countries that have seen impressive growth over...
For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. Nobody likes handing...
An increasing number of Americans are moving towards relying on FinTech services to improve their financial well-being, research has found. With as many as 60 percent of Americans showing willingness to improve their lack of financial stability, more of them are relying on technology to...
It seemed like, even in the depths of the holiday shopping season, retailers were still dreading the release of dismal monthly sales numbers. Unfortunately, it looks like that trend will continue into 2016. 24/7 Wall St. published a roundup of earnings reports from several retail brands,...
A storm is brewing over the realm of the Consumer Financial Protection Bureau’s (CFPB) power as the government agency enters a legal battle set to be reviewed by the District of Columbia Circuit Court of Appeals on April 12. The fracas emanates from CFPB Director Richard Cordray’s decision to...
