Payday loan providers are often portrayed as antagonistic because they charge exorbitant interest rates to individuals, making it difficult for borrowers who depend on their regular income to repay the loan. According to studies, traditional banks also use fees to…
There is currently bipartisan opposition in the House Financial Services Committee to a bill regulating stablecoins. Why Could Elon Musk's Cryptocurrency Hurt the Market? Some lawmakers are concerned about the bill's potential ramifications, as it could allow prominent members of…
The Chinese economy is in a difficult situation, and a potential cause of its current difficulties is the problem of youth unemployment, according to economist Nancy Qian of Northwestern University. The Country Lacks High-Skilled Jobs Project Syndicate published an article…
The state of diplomatic isolation in which one man, namely Vladimir Putin, finds himself has now reached an unprecedented level. Since his invasion of Ukraine last year, diplomatic contacts with him have been limited. When African leaders gather in St.…
Potential regulatory changes could increase access to exclusive online bank accounts. However, this could affect the availability of fee-free balance transfer transactions. Are Credit Cards With 0% Interest Rates Now a Thing of the Past? The existence of "online-only" savings…
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Peter Bergman (MoneyAmped.com)