Category: Blog Articles
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Does the Ukraine Crisis Affect US Money Matters?
As Russian troops seized control half a world away in Ukraine, and international tensions began to rise, we’ve been uncomfortably reminded that in an interlinked global economy, what happens across the globe can also affect conditions in our own backyard. Because the US is massively indebted to foreign countries, money market watchers worry that the…
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Who’s Really Paying For Bank Settlements?
Since 2010 the nation’s biggest banks have paid out billions in settlements over fraud, misrepresentation and downright illegal banking practices. But lawsuit after lawsuit continues to catch the megabanks red handed, with no apparent damage done by those multimillion-dollar payouts. Where do the big banks get their money? From the very government that’s prosecuting them.…
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Property or Currency? The IRS Weighs In On the Bitcoin
It’s been said that nothing’s certain but death and taxes, and while the former may not apply to the Bitcoin, the latter certainly does. The IRS has caught up with the ever-growing virtual currency. And the tax police’s new guidelines only add to the questions about what to do with the digital challenger to the…
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Can Bad Credit Crush Job Applicants?
You’ve got the qualifications. You’re dressed for the interview and your resume is state of the art. But in spite of all this, the state of your credit could derail your hopes for that dream job. Increasingly, employers are turning to credit checks to make employment decisions. But is it legal to use credit reporting…
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International Students Boost the Economy
Tensions may be rising all over the world, but strained international relations don’t seem able to stop students from venturing abr4oad for both short term and full degree study programs. According to recent statistics from the Institute of International Education, around 800,000 international students attend American colleges and universities each year – and they’re helping…
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Exchange CEO’s Suicide Adds to Bitcoin Turmoil
The Bitcoin, pioneer of the digital currency movement worldwide and once the darling of liberty lovers everywhere, has suffered some major setbacks in its march toward acceptance as a real alternative currency. But whether – and how – the Bitcoin weathers those rough spots may prove the true test of its staying power, as the…
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Old Scams Still Snare New Victims
It’s said there’s nothing new under the sun. And that seems to be true in the world of financial scams and frauds, where new victims continue to get caught in variations of old scams that have beep around for years. The Internet has only made it easier for scam artists to cast a wider net.…
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Successful People Rise and Shine
Can getting up early bring more investing success? Profile after profile of the world’s most successful and wealthy people suggest that rising with the sun (or earlier) is a key habit that translates into more energy, better decision-making and increased financial success. The finance site Money Morning reports on new research by University of Heidelberg…
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Small Banks Wither Under New Regulations
Where have all the small banks gone? Local and regional banks and financial institutions are fast disappearing, their places often filled by branches of the ever expanding megabanks. According to a new report from Money Morning, those little banks – often the last resort for some borrowers – may be falling victim to the slew…