I recently wrote a column about how there are those occasional times where you just have to recommend a boring car to someone. Whether it’s for financial reasons, or equipment reasons, or their own brand preconceptions, sometimes it’s...Show More Summary
President Obama with CFPB Director Richard Cordray The Consumer Financial Protection Bureau is doing its job again, this time targeting legal loan sharks, the payday loan industry with rules to rein in their most abusive practices. The...Show More Summary
Our analysis of financial history is that when there is such a commodity bust, it usually lasts for a long, long time, sometimes 20 years. And money managers, who for years and decades have used oil as the permanent investment, can’t change their habits.
For the first time since the depths of the U.S. financial crisis, North Dakota no longer boasts the nation’s lowest jobless rate, a potential hint of trouble for energy-rich states bolstered by an oil boom that has since gone bust.
It’s easier than ever to find quick answers to your money questions. But most of us would do well to learn a little more about personal finance. To improve your situation, invest a set amount of time each week in your financial literacy. Read more...
Kraft Heinz is the third time the Sage of Omaha and the trio behind AB InBev have joined forces, after swoops on the ketchup maker and Tim Hortons. The partners’ patience, financial firepower and industry experience give them big advantages. Bigger deals may lie down the road.
If you are trying to build good credit and be financially smart, Slim Thug has a story for you. The Houston rhymer wrote a cautionary piece for the 'New York Times' of a situation that led him down the path of financial ruins. Continue reading…
The Consumer Financial Protection Bureau on Thursday unveiled a new plan that it said would help rein in the $50 billion payday lending industry and prevent low-income borrowers from facing spiraling levels of debt. The proposal, which still must face months of review, marks the first attempt by the federal government to regulate payday lenders, […]
After less than two years on the job, the chief executive officer of a leading traffic-enforcement equipment manufacturer is resigning amidst a time of financial turmoil. Continue reading Redflex CEO resigns as market for traffic cameras...Show More Summary
Stephen Kirchner sent me the following from the Financial Times: As economic growth returns again to Europe and Japan, the prospect of a synchronous global expansion is taking hold. Or, then again, maybe not. In a recent research piece published by Bank of America Merrill Lynch, global economic growth, as measured in nominal US dollars, […]
Have you ever been in a financial rut, where you feel like you can’t get ahead? Do you feel like your financial systems aren’t working? Well, you’re not alone. Many of us find ourselves in a financial rut from time to time. It’s easy to get stuck, especially after complacency sets in. Show More Summary
Time Warner Cable consistently has acknowledged that it is incurring financial losses from its deal to distribute the Los Angeles Dodgers television channel.
Google hired Wall Street veteran Ruth Porat to be its chief financial officer Tuesday, marking the first time a woman will join Google’s c-suite executive ranks.Like some companies within the tech industry, Google has struggled to promote women to the highest levels. Show More Summary
Submitted by Dmirty Orlov via Club Orlov blog, Once upon a time—and a fairly long time it was—most of the thickly settled parts of the world had something called feudalism. It was a way of organizing society hierarchically. Typically, at the very top there was a sovereign (king, prince, emperor, pharaoh, along with some high priests). Show More Summary
Years ago, I switched careers and moved to a new city. Financially, I felt safe, because I had a small emergency fund. If times got tough, that was my safety net. Times did get tough. In one instant, I lost everything. If you've depleted your emergency fund, here's how to go about rebuilding it. Read more...
Oyster, a Netflix-style service for e-books, has brought on its first chief financial officer, Jeannie Mun. Before joining Oyster, Mun spent a lot of time in the ad world, having recently served as CFO at ad company MediaMath, and before that working as vice president of finance and strategy at ad software company Operative. Read More
If you are thinking of quitting your job, there are some steps you can take ahead of time to prepare (and protect) your finances
These superb and enviable benefits are backed by the Veterans Administration (VA), which offers additional assistance to our military heroes in times of job loss or other financial distress...
Ukraine Begs for More MoneyThe IMF foolishly agreed to give Ukraine a four-year $40 billion bailout on March 12. Already, Ukraine's Finance Minister Begs for More Money. Natalie Jaresko told the Financial Times in an interview that a...Show More Summary
(Reuters) - Hutchison Whampoa Ltd is expected to finalize a deal to buy Telefonica SA's British mobile unit O2 for 10.5 billion pounds ($15.70 billion) as early as Tuesday morning, the Financial Times reported. The companies did notShow More Summary