Consumer Financial Services (TRBC)

Fintech firms want to shake up banking, and that worries the Fed

Fintech firms want to shake up banking, and that worries the Fed

Published 14/01/2019

WASHINGTON (Reuters) - The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc (ONDK.N) or Kabbage Inc. access to the [more…]

Money woes? More companies help workers build emergency funds

Money woes? More companies help workers build emergency funds

Published 11/01/2019

NEW YORK (Reuters) - At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, [more…]

Your Money: Do not let home equity sink your college aid package

Your Money: Do not let home equity sink your college aid package

Published 10/01/2019

NEW YORK (Reuters) - How U.S. schools calculate financial aid is so confusing that there is an entire industry devoted to unlocking its secrets with [more…]

YOUR MONEY: The IRS might be closed, but your taxes are still due

YOUR MONEY: The IRS might be closed, but your taxes are still due

Published 03/01/2019

NEW YORK (Reuters) - The U.S. Internal Revenue Services is closed, thanks to the government shutdown, but your taxes are still due on April 15 [more…]

U.S. credit demand declines, rejection rates rise: NY Fed survey

U.S. credit demand declines, rejection rates rise: NY Fed survey

Published 03/12/2018

NEW YORK (Reuters) - Americans’ demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approved [more…]

Can better cancer care lower company’s health costs?

Can better cancer care lower company’s health costs?

Published 03/12/2018

NEW YORK (Reuters) - When companies try to tackle rising healthcare costs, shifting more of the burden to employees is increasingly the strategy of choice. [more…]

Money disasters can derail retirement

Money disasters can derail retirement

Published 28/11/2018

CHICAGO (Reuters) - Karyn Golden’s income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 [more…]

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Published 14/11/2018

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co [more…]

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Published 04/11/2018

NEW YORK (Reuters) - Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance [more…]

Shyness did not keep dressbarn co-founder from big retail leaps

Published 01/11/2018

NEW YORK (Reuters) - When Roslyn Jaffe and her husband decided to start the first dressbarn store in the early 1960s, it was a retail [more…]