Schools should receive taxpayer dollars only if parents willingly choose to send their children to them. Schools that consistently fail to...
Bankers Address Crisis Prevention, Morgan Reports $2B Trading Loss
Just a few hours after Federal Reserve Chairman Ben Bernanke addressed the Fed’s 48th Annual Conference on Bank Structure and Competition in Chicago, JP Morgan Chase announced it had suf
Another Swipe Fee Battle Unfolding
Another major dispute over interchange fees could take place soon, this one centering on the swipe fee retailers pay on credit card transactions.
Credit Card Debt Increases Significantly
Americans are borrowing and charging much more, according to the latest Federal Reserve G19 report released Jan. 9.
Safer Ratios, Riskier Portfolios: Banks’ Response to Government Aid
Banks that received federal bailout money ended up approving riskier loans and shifting capital toward risky investments after getting government help, say researchers at the Ross School of Busines
Financial Rules Prompt Banks to Raise Debit Card Fees, Drop Perks
Financial services firm Wells Fargo has announced it will test a $3 monthly fee for debit card users in select states, the result of new “interchange” regulations for debit cards that go into effec
More Money, Equipment, Manpower for IRS Enforcement
I have paid keen attention to IRS spending over the years because the manner in which the IRS spends is a look into the future.
