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What happens when a company you count on to protect your possessions — or even your life — fails? Unfortunately, you can’t just go and withdraw your money as soon as you hear about brewing...
This market has a lot going for it: Earnings growth so far has been strong, global growth is re-emerging, and fiscal policy could (eventually) help. Let’s also not forget, there aren’t many other...
Banks aren’t created to provide you with free financial services. They’re here to make money just like any other business. In fact, the U.S. banking industry netted $160.5 billion last year and...
Big Blue. It’s supposed to be the best of blue-chip stocks. It’s not. The latest financial results for International Business Machines Corp. (IBM) have arrived. And they are dismal, again. Mark...
The healthcare reform debate keeps raging in Washington. But two trends are clear from our unbiased analysis of data from more than 1,600 individual health insurance companies: The number of...
Politicians keep cooking up plans to boost the economy’s growth rate. But what’s so bad about 2% growth? According to my work, “Nothing!” We just got the second-quarter GDP report, and it showed...
The Dodd-Frank Act – Three words that make the financial industry cringe. Banks, credit unions, and the big dogs on Wall Street have been struggling to keep up with the law, and fighting it on...
As you may know, buying life insurance is one of the easiest activities to procrastinate over. Most people must go through some life-altering event before they’re even willing to talk about life...
If there are two major things we learned during the epic, 70%-plus crash in oil prices between 2014 and 2016, it’s that … 1. The market as a whole can continue on its merry way even when an...
A couple of days ago, someone came up to me and asked a really interesting question: “What do credit unions do with their money? They’re not-for-profit organizations, so what happens with the...