The average American household suffered a huge drop in wealth because of the financial crisis, according to a survey released by the Federal Reserve. How did this happen — and more importantly, what can you do about it?
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Despite turbulent times, U.S. markets are rising again. But is this a temporary bump, or the return of a bull market? The sharp-eyed analysts of Morgan Stanley and Goldman Sachs say its the latter, and their money is on strong …
The Federal Reserve is finally admitting that not all the big banks are healthy: Bank of America won’t get to pay increased dividends. But none of those financial giants should be allowed to, and a logical look at the reasons t…
The Fed’s decision to allow big banks to pay sharply higher dividends makes no sense, and not just because the results of the so-called “stress tests” are secret. Based on facts that are public knowledge, the banks are actually…
The era of free checking accounts is coming to an end. Many consumers will face an extra $144 a year in account fees, plus higher dues for their debit cars, and increased ATM charges, too. It’s all part of a banking industry ba…