For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…
After two years of relative frugality caused by the financial crisis, Americans are again borrowing in a big way. Consumer spending is surely good for the economy, but have Americans learned any lessons about loading up on red …
For years, policymakers have reassured the public that Social Security will be solvent for decades. But outlay and income data from the Treasury reveal that Social Security is already deep in the red — by $76 billion in 2010 a…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…