Cash News A money market account (MMA) is generally a safe place for your money. You can open a money market account at a traditional bank, online bank, or credit union, where your deposits are insured. Even so, money market accounts do come with some potential disadvantages and risks, including large minimum balance requirements, transaction […]
Unmanageable and uninvestible. That is how investors have long considered Citigroup. For over a decade the bank, which was once the largest and most valuable in America, has been a basket case. It trades at half the value it did in 2006, making it the only big American bank to fetch a valuation lower than […]
Cash News Whether you regularly purchase cannabis edibles or dabble in tinctures, it feels like weed is everywhere now. About 75% of Americans live in a state where marijuana is legal for recreational or medical use, and 79% of Americans live in a county with at least one marijuana dispensary, according to Pew Research Center. […]
After Russia destroyed the Trypilska power plant on April 11th, Ukraine blamed a lack of anti-missile ammunition. The country’s leaders are also desperate for more financial support. The two shortages—of ammunition and money—reflect different constraints among Ukraine’s allies. Whereas the lack of ammunition is mostly the product of limited industrial capacity, the lack of money […]
Cash News It’s no secret that textbooks are expensive — but just how much will you spend? The average cost of college textbooks and supplies at four-year schools was $1,212 for the 2022-23 school year, according to the National Center for Education Statistics. That cost jumped to $1,467 for students at two-year institutions. Fortunately, there […]
It is now four years since the first poor countries were plunged into default because of spiralling costs from covid-19 spending and investors pulling capital from risky markets. It is two years since higher interest rates in the rich world began to put even more pressure on cash-strapped governments. But at the spring meetings of […]
Beware: taking a stand can be expensive Source link
Cash News Picking a bank is a big decision. After all, this is where you will keep your hard-earned money and, hopefully, have easy access to it when needed. The best banks also keep your money safe, pay interest on your deposits, and charge few fees. These features are definitely something to look out for […]
The dollar is looking formidable. As American growth has stayed strong and investors have scaled back bets that the Federal Reserve will cut interest rates, money has flooded into the country’s markets—and the greenback has shot up. It has risen by 4% this year, measured against a trade-weighted basket of currencies; the fundamentals point to […]
Workers think so. Economists disagree Source link