Is it too late to defuse the debt bomb?
Last week we examined the bipartisan debt limit agreement that promised to reduce the deficit over a decade.
Is the dollar’s reserve status still secure?
The U.S. dollar reigned as the global reserve currency for a century but has slowly lost ground over the past two decades.
Buying foreign stocks: American Depositary Receipts
If you have ever invested in Nestle, Toyota, BP or Sony, the odds are high that you didn't own the actual stocks but rather a piece of paper known as an American Depositary Receipt or ADR that stood in for the shares.
Phishing, smishing and vishing: Fraudsters feast at tax time
Tax filing season presents scammers with a target-rich environment, and despite stepped-up education and prosecution by enforcement agencies 2023 promises to be another productive year for the bad guys. Once again, the IRS is warning taxpayers to be on the alert for increasingly aggressive and convincing fraud schemes as the filing deadline approaches.
Feds step up scrutiny of deceptive marketing
"Free trial." "Easy cancellation." "No obligation." Welcome to the Roach Motel.
Credit card balances surge – and are likely to get worse
American consumers supercharged their debt in the third quarter as inflation continued to outpace wage hikes and Covid-era savings dried up.
Personal Finance: Inflation 101
Americans get a refresher course in inflation with each fill-up or trip to Walmart, but whole generations have come of age with no real recollection of or experience with sustained periods of rapidly rising prices.
The national debt: Prepare for liftoff
Good news: the federal budget deficit shrank by half in the fiscal year ended September 30 to a paltry $1.4 trillion.
The student loan mess and proposals for reform
The value of student loans outstanding has doubled over the past decade and now stands at $1.7 trillion, exceeding all other forms of debt except mortgage loans.
Alphabet soup: ABCs of investment regulation
Financial regulation is a necessary evil.
