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What Is Driving U.S. Treasury Yields?
Posted on September 15, 2014

With the economy on the path of recovery and the Federal Reserve pulling back on stimulus, have you been expecting bond yields to start moving upwards? If yes, hold your horses before you juggle your portfolio or take any position in the financial markets based on this assumption. It's true that U.S. stock markets have [...]


Don't Let Bank Fraud Destroy Your Small Business
Posted on August 30, 2014

You may have the most wonderful bank in your area. You may even be best friends with your bank representative. But at the end of the day, what happens if your small business is the victim of online bank fraud? Because of the relationships you’ve built with your bank and its people, you might just [...]


Exciting News Regarding Your Credit Score
Posted on August 11, 2014

As you know, your credit score has a dramatic effect on your life in a number of ways. It impacts your ability to acquire such things as loans, credit cards … even a home mortgage. That’s why we’re so excited to tell you about something new that’s just on the horizon … something that will[...]


Is Now A Good Time To Get Started With Credit Card Borrowing?
Posted on July 30, 2014

With an improvement in the current economic outlook and market liquidity conditions, banks are now looking at growth options to increase their earnings. As a response to greater competition and changes in risk appetite, banks and federal associations have eased underwriting standards to expand their loan portfolio and achieve expansion. This spells good news for [...]


The Economy: A good-news, bad-news scenario
Posted on July 28, 2014

The nation’s employment numbers continue to improve. In June, the country’s economy added another 288,000 jobs, according to the US Bureau of Labor Statistics. When you combine that with the news that April and May’s numbers have been readjusted to a higher number, it brings the final tally of the first six months of 2014[...]


Amazon's Pay to Quit Program – Warehouse Employees Face Interesting Yearly Challenge
Posted on July 17, 2014

If you are an employee of an Amazon fulfillment center and you’re not particularly happy with your job, a new program they’ve implemented might just be the solution to your problems – and theirs. It’s called the “Pay to Quit” program, and it’s just what it sounds like. If you don’t like your job, you[...]


Despite Personal Income Consistently Going Up, Spending is Down
Posted on July 8, 2014

During May of this year, the average American's personal income rose by 0.4%. Your first inclination might be to say, "Big deal." However, May marks the fifth month in a row in which there was an increase in personal income. In addition, personal incomes are now rising faster than the rate of inflation. Further hammering[...]


April Surplus Was Great, but What About the Rest of the Year?
Posted on July 2, 2014

The US Treasury department reported some very good news for the month of April. Specifically, they booked a $114 billion surplus for the month, the best May the Treasury Department has had since 2008. This sounds great, right? It is, but April is also the month in which there is an abnormally large influx[...]


Foreign Account Tax Compliance Act Starts July 1
Posted on May 21, 2014

The Foreign Account Tax Compliance Act (FATCA) that was passed in 2010 will begin taking effect on July 1, 2014. Its intention is to make it mandatory for banks across the world to share depositor information with the United States government when it [...]


Bitcoin to be Taxed as Property, not Currency
Posted on May 3, 2014

Just in case you missed this in the news this week, the Internal Revenue Service made a ruling that will have an effect on the future of Bitcoin (and all virtual currency). They ruled Bitcoin to be “property, not currency,” which thereby makes it subject to regulation in the United States. In case you’re not [...]