Beware: taking a stand can be expensive Source link
Guide to choosing a bank for the average consumer #CashNews.co
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 […]
Why a stronger dollar is dangerous
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 […]
Is inflation morally wrong?
Workers think so. Economists disagree Source link
Does refinancing a mortgage hurt your credit? #CashNews.co
Cash News Refinancing your mortgage loan allows you to pay off your current mortgage and replace it with a new one. Typically, a homeowner refinancing a mortgage wants to improve their financial situation by locking in a lower interest rate, lowering their monthly payment, changing the repayment term, or cashing out some of their equity. […]
Don’t like your job? Quit for a rival firm
A fifth of American workers have a non-compete clause in their contract, barring them from leaving to join a rival. Owing to a new rule issued by the Federal Trade Commission on April 23rd, these clauses may soon be voided. Advocates hope this will inject dynamism into the American economy and lead to stronger wages; […]
Is it time to refinance your mortgage? 5 ways to prepare. #CashNews.co
Cash News With mortgage interest rates fluctuating daily, an excellent opportunity to refinance your existing loan may appear quickly and take you by surprise. Since the refinance process can take four to six weeks from start to finish, smart homeowners do the prep work ahead of time so they’re ready to act whenever that opportunity […]
Chinese authorities are now addicted to traffic fines
What that tells you about the country’s economic woes Source link
4 steps to take following a bank outage #CashNews.co
Cash News Accessing your bank account from your computer or mobile device can be incredibly convenient. But when a technological snag occurs, you could find yourself in a bind without easy access to your funds. Though uncommon, bank outages do happen. In July, for instance, cybersecurity company Crowdstrike that affected around 8.5 million Windows devices, […]
How far could America’s stockmarket fall?
The sound of alarm bells is becoming harder to ignore. America’s stockmarket finished the first quarter of 2024 on an astonishing tear, with its benchmark S&P 500 index having risen in 18 out of the preceding 22 weeks. No longer: it has fallen over each of the past three. Look at individual stocks, meanwhile, and […]