Anyone who has taken their car to the mechanic or had a medical emergency knows how easy it can be to walk out owing $1,500 or more. And a new report shows how that debt can turn into a real strain for many American families —...
Corporate earnings season marches onward. The stock markets stand near new highs. The mood may be mixed as to what just will happen to companies in a Trump administration, in terms of taxes, health care costs and materials costs in the event of a trade...
Setting and sticking to a budget is a difficult task. But thanks to strides made in financial technology, consumers now have the ability to automate practically any bill payment, as well as a plethora of financial planning tools. However, budgeting can remain a challenge. Duke...
While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. There’s now the luxury of access to...
VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry “contained a number of faulty statements.” In a press release, the company argued that credit scores are used by lenders...
Two weeks into the official Trump administration, the first jobs report debuted. The data was mixed. The numbers themselves show that the economy added 227,000 jobs, and at the same time, the unemployment rate ticked higher to 4.8 percent in January from its last reading...
Following its most recent two-day meeting in Washington, D.C., this week, the Federal Open Market Committee (FMOC) decided to leave interest rates unchanged. Citing improved sentiment in the weeks following Donald Trump’s election to the U.S. presidency, the FOMC said that the near-term outlook for...
Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination threshold, while also giving investors some insight into its borrowers and its plans for the future. According to Business Insider,...
The United States saw a slowdown in its economic growth, as measured by the fourth quarter, coming in at a 1.9 percent rate, The Wall Street Journal reported Friday (Jan. 27). That’s a marked deceleration from the 3.5 percent rate seen in the third quarter....
