Banking


As Ray Dalio Weighs In On Ocasio-Cortezs 70% Tax Proposal, Heres What Some Critics Got Wrong About It

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‘If this 70% tax bracket only applies to earned income, then it’s only going to hit a very small slice of people who... Read more

Metals Stocks: Gold Sticks To Tight Trading Range On Strength In U.S. Equities, Weakness In The Dollar

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Gold prices stick to a tight trading range on Wednesday, as some strength in U.S. equities dulls investment demand in th... Read more

More Americans Are Feeling More Pessimistic About The Economy

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On the upside, people seem confident in job availability, a new Gallup survey finds. Read more

The Moneyist: My Daughter Bought A Home For Me, But Now She Needs Cash And Refuses My Help

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This mother says she would like to sell stocks to help her daughter upgrade to a larger home. Read more

Key Words: Cryptos Fail Basic Financial Tests, Says Adviser To BOEs Carney

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A senior adviser to the governor of the Bank of England and former strategist at Schroders said cryptocurrencies are not... Read more

Capitol Report: Tom Brokaw Says Democrats As Much To Blame As Republicans As Shutdown Drags On | Senate May Vote Thursday On Trumps Offer

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The ongoing partial government shutdown has now lasted a record 32 days, and veteran newsman Tom Brokaw is wagging his f... Read more

The Moneyist: This Woman Put $9,000 On Credit Cards For Medical Bills And Later Required Open-heart Surgery — Heres How She Got Through It

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Did her sibling bail her out? Or tell her to declare bankruptcy? Finally, an answer. Read more

Market Extra: Which Markets Are Closed For Martin Luther King Jr. Day?

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U.S. stock and bond markets on Monday will be closed in observance of the Martin Luther King Jr. holiday, providing a na... Read more

The Moneyist: My Parents Gave My Sister $75,000 For Her Student Debt, Should I Also Ask For $75,000?

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This woman says this money will be worth far less in 20 years from today, and would like her share today. Read more

The Moneyist: My Family Took $60,000 From My Late Fathers Bank Account — And Gave Him Morphine Before He Died

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This woman says she was cheated out of her share of her father’s inheritance. Read more

Big 5 Banks Had A Tough Time Trading In Volatile Markets

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When the going gets tough on Wall Street, brokers can lose money too, just like their customers. Read more

The Sniff Test: Wells Fargo Spent $7.3 Billion To Help Buy An Earnings Beat — Was It Worth It?

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The $7.3 billion Wells Fargo spent on share repurchases during the fourth quarter failed to prop up its stock price, but... Read more

Love & Money: How Unpaid Federal Workers Can Recover Their Family Finances After The Shutdown

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‘You don’t plan on your government creating the emergency.’ —Sunny Blaylock, mother of two in Arlington, Va. ... Read more

Love & Money: Are You Tired Of Marie Kondos Does It Spark Joy Question? Here Are 5 Other Ways To Declutter

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Try the ‘20-20’ rule: If you could replace the item in 20 minutes for $20 or less, it’s safe to let go. Read more

The Richest People In The World Live In This City (its Not Hong Kong Or London)

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Where the wealthiest people in the world live is quickly changing. Read more

The Richest People On The Planet Had Mixed Fortunes Last Year — Due To One Simple Thing

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Many people with a net worth of between $1 million and $30 million had a disappointing year. Read more

4 Ways The Government Shutdown Is Hurting The Finances Of Furloughed Workers

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A partially closed government has the potential to affect nearly every facet of American lifestyles. Read more

This Tiny Fund Youve Never Heard Of Was Up 22% Last Year, But Its Got A Risky Strategy

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Think everyone lost money last year? Think again. Read more

Fannie Mae And Freddie Mac Regulator Discussing Plan To End Conservatorship

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The acting director of the Federal Housing Finance Agency has told the agency’s employees that the regulator will anno... Read more