Saturday, February 23rd, 2019

News Author: Antonio Bard

Problems Mount for College Students

 

CFPB is reporting aggressive lenders who are profiting from inexperienced college students looking for financing options are on the rise.

Treasury Department Scandal

 

Another government sex scandal is being swept under the rug. It could be because taxpayer dollars, in the form of a government credit card, was used by a Treasury Department employee to hire prostitutes.

Medical Marijuana – Leave Credit Card at Home

 

For those who rely on medical marijuana, a new push to not use your credit card means you’ll now pay cash.

Retiring at 65? Think Again

 

Sometimes even the most cautious planning isn’t good enough, as many would-be retirees are realizing they’re going to have to work longer.

Dozens Arrested in Financial Cybercrime Crackdown

 

Dozens arrested in international crime spree that included credit card and identity theft, among others.

Is Moodys Ready to Strike With Downgrades?

 

It appears Moody’s may be prepared to move forward with its downgrading efforts of many global banks, including some in the U.S. The question is – which U.S. banks are in the crosshairs?

New Mandatory Arbitration Guidelines?

 

For decades, companies have worked double time to keep consumers from suing and instead, entering into arbitration.

Citigroup Sued Over CDO Losses

 

Citigroup is now on the wrong end of a lawsuit filed by Woori Bank. In it, the goal is to recover losses from the Seoul-based lender’s $95 million investment in debt obligations.

Fuel Demand Down in U.S.: MasterCard

 

According to MasterCard, U.S. gasoline demand fell for a second consecutive week to the lowest level in two months.