Americans paid off a record $83 billion in credit card debt in 2020
Because of the coronavirus crisis, consumers are paying down debt and saving more than they have in decades.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
For out-of-work women eager to get back in, career coaches offer tips on getting hired
About 2.3 million women no longer participate in the labor force, according to government data. We talked to six career experts for answers to common questions.
Here's the tip Suze Orman gave one woman to help jump-start her retirement savings
The Covid pandemic derailed Glenda West's retirement savings strategy. Suze Orman helped her get it back on track.
Op-ed: The movie ‘I Care A Lot’ can teach us how to prevent elder financial abuse
New Netflix film "I Care A Lot" holds lessons on the dangers of elder financial abuse, a growing problem as Americans over age 50 hold 70%...
Student loan forgiveness may become tax-free under Covid relief bill. Here's what that means for borrowers
The stimulus bill working its way through Congress would end the policy of taxing borrowers' forgiven student debt. That could save some people up to $10,000.
Ripple Pilots a Private Ledger for Central Banks Launching CBDCs
Ripple James Wallis March 3, 2021 Ripple is piloting a private version of the public, open-source XRP Ledger that provides Central Banks a secure, controlled and...
Fidelity leads a $376 million investment in Starling, valuing the UK digital bank at $1.5 billion
Starling said it would use the money to expand into Europe, and for anticipated mergers and acquisitions.
Public and Private Cloud AI Digital Banking
The Financial Brand Bill Streeter The industry is entering a critical phase. Legacy technology will finally be superseded by a combination of cloud computing and AI,...
N26 Co-founder Maximilian Tayenthal talks growing one of the fastest-growing mobile banks in the world
McKinsey Digital Feb 26, 2021 Setting a bold vision, adapting the business to respond to market feedback, and putting customer satisfaction first has enabled digital-banking start-up...
New stimulus proposals look like a guaranteed income experiment. Early results show whether it will work
The Covid-19 pandemic has raised new questions about how much financial support the government should give Americans. Some experiments may help provide answers.
Sen. Joe Manchin open to party-line vote on future bills with voting rights legislation now in focus
The Senate's Covid relief bill lowered enhanced federal unemployment benefits to $300 per week and excludes a plan to raise the minimum wage to $15 per...
Latest Trends in 2021 AI Index: Major Growth Despite the Pandemic, Low Diversity, Synthetic Media and Ethical Challenges
HAI - Stanford University Jack Clark and Daniel Zhang March 3, 2021 This year’s report shows a maturing industry, significant private investment, and rising competition between...
Another stimulus package is on its way. Here's what to do with the aid
If you're one of the millions of Americans financially struggling because of the pandemic, there's more stimulus relief coming. How to best spend the aid.
Unemployment benefits end next week. It may be too late for Congress to stop it, experts say
Democrats are rushing to extend jobless benefits by March 14, when aid would lapse for millions. There will likely be a gap even if Congress meets...
Activist Spotlight: What's behind the campaign to force changes at Kohl's
Macellum is not an activist investor but is willing to take activist measures when they believe change is necessary.