Business

May 10, 2016

Lenders Tighten Standards on Loans to Oil/Gas Industry

Lenders in the U.S. tightened standards and restructured loans for businesses in the oil and gas sector in the opening months of the year amid slumping […]
May 9, 2016

FinTech Threatens 30% of Bank Jobs

A wave of innovation has made it possible for people to get their banking done without walking into a branch if they don’t want to. People […]
May 6, 2016

2016: States with the Highest & Lowest Tax Rates

Another tax season is thankfully behind us.  Tax season can be stressful for many Americans, especially those who still owe money to Uncle Sam at the […]
May 4, 2016

FTC Obtains $13.4M Judgment in Financing Scheme

A federal court found BlueHippo Funding LLC, BlueHippo Capital LLC and Joseph Rensin in contempt for operating an allegedly deceptive computer financing scheme in violation of […]
April 29, 2016

What are the Best Store Credit Cards?

It may be tempting to sign up for a store credit card to get a quick discount, but you can get more out of your rewards […]
April 28, 2016

Some Merchants See Decline in Fraud with EMV

The new chip-enabled cards flowing into the U.S. marketplace have already made a dent in fraud, with some of the biggest merchants seeing a dip of […]
April 27, 2016

Chip Cards Still Causing Frustration

U.S. Credit-card networks began pitching chip cards years ago to protect against counterfeits, and merchants were supposed to join banks and payment processors by Oct. 1, or face […]
April 26, 2016

Banks Consolidate; Local Lenders Vanish

Where have all the bankers gone?  The continental lenders, with their corner branches – Wells Fargo and PNC, Citizens, TD and Bank of America – still compete with JPMorgan Chase, Capital One, and other branchless brands […]
April 25, 2016

March Bankruptcy Filings Show Decline from 2015

Total U.S. bankruptcy filings continue to decline year-over-year, falling 5% in the first calendar quarter (Jan. 1 – March 31) of 2016 from the same period […]