Friday, November 16, 2018

Wells Fargo Scandal Spreads to Prudential Insurance

Source: Matt Egan via CNNMoney.com It may not have been just fake bank and credit card accounts. Now there are allegations that Wells Fargo customers were sold Prudential insurance products they didn't want. Wells Fargo employees appear to have signed up...

Fed to hike interest rates next week while ignoring the elephant in the room

Source: Greg Robb via marketwatch.com Yellen likely won’t comment on how a Trump presidency changes her outlook Getty Images Federal Reserve Bank Chairwoman Janet Yellen will hold a news conference next WednesdayThe Federal Reserve is going to raise interest rates next week,...

Give the Gift of a Roth IRA for the Holidays

Source: Carla Fried, consumerreports.org Give the Gift of a Roth IRA for the Holidays Rather than giving a child or grandchild a gift card this holiday season, you might want to consider a gift that keeps on giving for decades. “Helping a...

The Simple Holiday Budget Anyone Can Follow

Source: Mikey Rox via Kiplinger.com Stay in the black when the red and green take over. Did you promise yourself you'd finally make a solid budgeting plan this holiday season — and stick to it? We've got you covered with these...
sweden

Sweden Could Be The First With National Digital Currency

Source: RT Sweden Could Be The First With National Digital Currency The Central Bank of Sweden is considering issuing a national digital currency to solve the problem of a dramatic drop in the domestic use of cash. The so-called e-krona may...
india

India Resets Currency To Curb Corruption

Source: Vasudevan Sridharan of International Business Times Indian financial world returns to normalcy after PM Modi scraps 500 and 1,000 rupee notes overnight Messages like "America counting votes, India counting notes" bombarded the Indian social media shortly after Prime Minister Narendra Modi...
wells fargo

Wells Fargo CEO Sold Millions In Stock Before Fraud Revelations

Source: Kathy Kristof via CBS News Wells Fargo CEO Sold Millions In Stock Before Fraud Revelations Former Wells Fargo Chairman and CEO John Stumpf sold $61 million worth of Wells Fargo (WFC) shares in the month prior to settling a long-running...
stock

HSBC: Prepare For Severe Stock Market Crash

Source: RT.com Red alert: Prepare for severe stock market crash, warns HSBC The technical analysis team at HSBC is warning recent stock market moves look eerily similar to just before 1987’s ‘Black Monday’, which saw the largest one-day market crash in...

Uh-Oh, We’re Racking Up Credit Card Debt Like It’s 2007 Again

Source: Martha C. White, Time.com History might be repeating itself. While consumer confidence in the economy is generally a good thing, that optimism can have a serious downside if it prompts people to take risks with their money. Unfortunately, the newest numbers from WalletHub.com indicate...

69% of Americans Have Less Than $1,000 in Savings

Source: Cameron Huddleston via Go Banking Rates 69% of Americans Have Less Than $1,000 in Savings. Saving money is still a struggle for many Americans, finds a new survey. Kaspars Grinvalds / Shutterstock.com Americans are falling short when it comes saving money...

BREAKING NEWS

Sarahah Quietly Uploads Your Entire Address Book

Source: The Intercept Hit App Sarahah Quietly Uploads Your Entire Address Book Sarahah, an app that lets people sign up to receive anonymized, candid messages, has...