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There's Plenty Of Risk But Little Reward In SavingBy: Shorebreak4 commentsTrump Accuses Yellen, Fed Of Politicizing Interest RatesBy: lou8 commentsTrump Discusses The Plight Of Savers And Low Interest RatesBy: lou16 commentsThe Old Fed Is DeadBy: Shorebreak6 comments

All Financial News Articles


Posted by: lou  |   12 votes  |  16 Comments

Trump in an interview on CNBC says the low interest rates for savers and seniors is nothing less than discrimination. He said that for people who did everything read more

Posted by: Shorebreak  |   6 votes  |  4 Comments

As if saving money weren't difficult enough, it's now looking hazardous to boot. Reports from the Investment Company Institute show that we are selling stocks and read more

Posted by: Ally6770  |   2 votes  |  Comment

The Justice Department said the illegal repossessions took place from 2008 to 2015. The first complaint came from an Army National Guardsman in North Carolina who read more

Posted by: Ally6770  |   1 vote  |  Comment

A new online comparison tool from Consumer Reports aims to help shoppers cut through the clutter. Plug in your monthly spending and it will cull through read more

Posted by: kevinptm  |   2 votes  |  4 Comments

The Federal Reserve could get benefits from buying assets other than long-term U.S. debt if in a future downturn it could not buy any more government bonds, Fed read more

Posted by: lou  |   7 votes  |  8 Comments

During the debate last night Trump accused Yellen of not raising interest rates for political reasons. This is the second time he claimed the Fed is keeping read more

Posted by: Purplesage  |   1 vote  |  Comment

U.S. consumer spending fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal read more

Posted by: cumulus  |   1 vote  |  Comment

Consumer Reports details the trade-offs of abandoning paper money.  Nice tutorial, history.

Posted by: Purplesage  |   2 votes  |  Comment

Wells Fargo & Co., reeling from weeks of pummeling over fraudulent customer accounts, is now facing a Justice Department sanction over improperly repossessing read more

Posted by: Ken Tumin  |   3 votes  |  Comment

Fidelity just issued this press release introducing its new Model CD Ladders: To help investors make the most of their hard-earned money, Fidelity Investments® has read more

Posted by: Shorebreak  |   3 votes  |  Comment

Federal Reserve Chair Janet Yellen's defense of the central bank as non-partisan came under attack on Wednesday, as a Republican congressman cornered her on whether read more

Posted by: lou  |   3 votes  |  1 Comment

Hillary would expect all her nominees to the Federal Reserve to defend the so-called dual mandate, linking interest rates to the unemployment rate. She also wants read more

Posted by: Ally6770  |   2 votes  |  Comment

Using new, big data investigative capabilities to identify broker-dealer misconduct, the SEC fined UBS $15 million for systematically failing to train its advisers read more

Posted by: Shorebreak  |   3 votes  |  Comment

The deputy governor, who is leaving the Bank to head up the London School of Economics, said that interest rates have been at around 5pc for centuries, but she read more

Posted by: Shorebreak  |   1 vote  |  Comment

Traders see barely more than coin-flip odds that the Federal Reserve will raise interest rates by December, even as Chair Janet Yellen reiterated Wednesday that read more

Posted by: Shorebreak  |   4 votes  |  Comment

Oscar Garza was a personal banker for a Chase Bank outside Dallas. He said aggressive sales tactics aren’t just a problem at Wells Fargo.“Deceptive sales trade read more

Posted by: Ally6770  |   5 votes  |  23 Comments

1. Retirees will get better advice 2. Retirees will no longer pay for their adviser to go to Hawaii 3. Retirees will get a warranty

Posted by: Ally6770  |   5 votes  |  Comment

In 2016, consumers worldwide will spend about $23.2 trillion in card payment transactions and $22.6 trillion in cash.

Posted by: Carpline  |   3 votes  |  Comment

Former Wells Fargo employees who say they were fired for following the law have filed a class-action lawsuit seeking $2.6 billion in damages as the fallout read more

Posted by: 51hh  |   3 votes  |  Comment

"By Brian Kelly, who you may know as credit-card guru The Points Guy, joined MarketWatch for a live interview on Facebook Thursday. He gave some expert tips on how read more

Posted by: Shorebreak  |   3 votes  |  1 Comment

Since the 2008 financial crisis, millions of consumers have become "un-banked," ending their relationship with their bank or credit union. In many cases, the read more

Posted by: Ken Tumin  |   3 votes  |  2 Comments

Can the Bank of Japan's latest twist on its quantitative easing program survive it's own contradictions? The BOJ and its policy makers, led by Gov. Haruhiko Kuroda, read more

Posted by: Shorebreak  |   3 votes  |  Comment

Wells Fargo was just slapped with the biggest fine in the history of the Consumer Financial Protection Bureau after employees routinely opened unauthorized accounts read more

Posted by: Shorebreak  |   5 votes  |  6 Comments

The old Fed is dead. The notion that it could orchestrate economic growth within narrow bounds was excessively optimistic and unrealistic. It may be, as economist read more

Posted by: Ally6770  |   5 votes  |  Comment

The OFR’s Viktoria Baklanova and Daniel Stemp, lead researchers on the MMF Monitor, attribute the shift to the Oct. 14, 2016, deadline for i read more

Posted by: cumulus  |   2 votes  |  1 Comment

The $20.1 billion PenFed Credit Union announced Monday its fourth merger of the year after members of the $38.5 million High Plains Federal Credit Union of read more

Posted by: cumulus  |   2 votes  |  Comment

the U.S. has an estimated 72,000 centenarians now, and come 2055, we could see close to 500,000 of them if current growth trends continue. And considering the read more

Posted by: Shorebreak  |   3 votes  |  Comment

You're supposed to be able to trust your bank. But multi-million dollar settlements, tens of thousands of customer complaints and class-action lawsuits make that read more

Posted by: Shorebreak  |   3 votes  |  Comment

Wells Fargo, which paid $185 million in fines to settle government charges of fraud, now faces a lawsuit by three customers who claim they were victimized. The read more

Posted by: Shorebreak  |   6 votes  |  Comment

Consumers over 50 years of age still are the foundation of bank and credit union growth. With changing needs and expectations, this segment is impacting product read more

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