Bank of America chief economist sees high chance of mild recession this year
Bank of America's new U.S. chief economist has projected that the Federal Reserve will trigger a recession as it hikes interest rates to cool inflation.
Cannabis in US is a ‘$100 billion opportunity,’ Tilray CEO Irwin Simon says
The legalization of marijuana at the federal level will be a $100 billion opportunity extending beyond just recreational and medical use, says Tilray CEO Irwin Simon.
Cantor executive, former Deutsche Bank Co-CEO Anshu Jain dies
Anshu Jain, a veteran of the financial industry and Cantor Fitzgerald president and former co-CEO of Deutsche Bank, has died after a battle with cancer, according to his family.
At least 300 TikTok employees previously worked for Chinese state-aligned media: Report
A survey of current TikTok employees on LinkedIn found that hundreds have previously worked at state-aligned Chinese media outlets, and fifteen of them allegedly still do.
Carnival Cruises drops exemption request for unvaccinated guests, eases testing requirements
Carnival Cruise Line is simplifying its testing and vaccination protocol for its guests on its fleet of ships on all cruises under 16 nights. Vaccinated passengers won't test.
Dutch authorities arrest suspected developer of Tornado Cash, platform supposedly used to launder billions
Cryptocurrency mixing platform Tornado Cash has been shut down and slammed with sanctions by the U.S. government after the platform was accused of being used for money laundering.
This is how many shoppers use credit cards for BNPL purchases: survey
Buy now, pay later users are struggling to make their payments. This is how many are using using a credit card to do so
Bill to limit overdraft fees sent to House of Representatives
Congress is considering a bill to limit overdraft fees, and experts have mixed opinions on what it could mean for consumers.
Meditation app Calm lays off 20% of workforce
Calm CEO David Ko said the future of the business would be discussed at an all-hands meeting on Friday. The company was founded in 2012 and had about 400 employees.
Prince Andrew still entitled to taxpayer-funded police protection, exact cost ‘is unknown’: report
Prince Andrew was stripped of his honorary military roles in January amid the furor surrounding his ties to Jeffrey Epstein and a lawsuit alleging he had sex with a 17-year-old girl.
What to do if you’ve been denied for a Parent PLUS Loan
When you’re denied a Parent PLUS Loan, you have the option to appeal it, find a different cosigner, or take out unsubsidized federal student loans to help pay for your child’s education.
Economists question whether US is currently in a recession
Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.
Today’s mortgage rates: Look to shorter terms to save | August 12, 2022
Check out the mortgage rates for August 12, 2022, which are up from yesterday.
Today’s 15-year mortgage refinance rates offer best savings opportunity | August 12, 2022
Check out the mortgage refinancing rates for August 12, 2022, which are up from yesterday.
BlackRock launches spot Bitcoin private trust
The move comes as the world's largest asset manager has seen "substantial interest" from some institutional clients despite the digital asset market's recent downturn.
How to get a student loan without a credit check
Many students rely on loans to pay for college. Here’s how to get a student loan without credit or a cosigner.
Dave Ramsey’s inflation survival tips
Inflation has created big financial problems for families and host and author Dave Ramsey has some tips to help them through this difficult time.
Personal loan interest rates continue to climb: 3-year loans still lower than this time last year
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Yellen instructs IRS not to increase audits on middle class with new funding
IRS Commissioner Charles Rettig was instructed by Treasury Secretary Janet Yellen on Wednesday not to increase audits on the middle class with new funding.
Mortgage rates rise again, showing that rate volatility persists, Freddie Mac says
Mortgage rates crept up past 5% again, showing that volatility remains persistent, Freddie Mac said.



















