So will your bank be open on Independence Day? To help you quickly find out if your bank will be closed on July 4, GOBankingRates confirmed Fourth of July hours from 21 of the biggest financial institutions, including Chase, Bank of America, Wells Fargo and U.S. Bank.
A burgeoning market for micro financial institutions (MFI) is set to take hold. The Sub-Saharan African low-income market is set to explode by 25 percent in 2015. Currently 863 million people live in 47 countries.
The trial of Abacus Federal Savings Bank is finally over, and the verdict is "not guilty" on all counts. This outcome should be a tremendous relief to advocates of Wall Street accountability, and the fact that the case got as far as it did should be an extraordinary embarrassment to District Attorney Cyrus Vance and his office.
The bank of the future will be in our pockets or on our wrists, not on street corners or housed in high-rise towers.
Three strikes and you are out in baseball. Three strikes -- irrespective of the crime -- and you're in prison long-term in the United States. Now, the bankers need to be subjected to the "Three Strikes and You're Out" rule.
A FTT is a great way to raise large amounts of money to meet important public needs. It will come almost entirely at the expense of the financial industry and should strengthen the economy. We now have one presidential candidate who is prepared to support a strong FTT. Are there others?
Merely 30 years ago, Prime Minister Yasuhiro Nakasone announced his desire to transform Japan into an "unsinkable aircraft carrier." Three decades later, Japan cannot plug the holes of that carrier fast enough to keep it from sinking. Is there a lesson the US can take from Japan?
To round off National Small Business Week, we're looking at ways small business owners and entrepreneurs can get a leg up on short-term funding and beginning capital. All online, and fast.
Wall Street cannot be an island unto itself and we need to break up those largest banks to put the focus back on working class Americans.
Since I agree with the vast majority of what Bernstein has to say, let me pick on three areas where I have some disagreement. The first is the discussion of the initial financial crisis that Bernstein stepped into at the start of 2009 as one of Obama's advisers.
The quarterly survey results from banking experts predict higher levels of credit card debt in 2015, which could cause consumers to have more delinquent payments.
While many policies will be needed to improve the situation of the poor and middle class, there are three simple ones that could make a big difference: a more competitive dollar, a Federal Reserve Board committed to full employment and a financial transactions tax to rein in Wall Street.
Instead of trying to salvage the outdated, dangerous and economically risky coal sector, we should invest in the booming clean energy sector, where every dollar creates more jobs than that same dollar would in the fossil fuel sector.
In order to increase economic freedom for its citizens and enable them to achieve higher standards of living, Romania needs to continue its efforts to eradicate corruption and establish an independent and efficient judicial system.
When the US Justice Department announced last August that it was levying a $17 billion penalty against Bank of America for its role in bringing on the mid-2000s housing crisis, pundits said the sheer size of the fine would make all banks take notice.
I hate that we are leaving such a mess to our children and grandchildren. Solution: Congress should stop acting like children and do their jobs.