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Finance News

Op-Ed: Inflation and quality of life in North America

Financial commentators have written about the 2.4% rise in inflation that Canada recently saw. Media writers are correct worry and there is plenty of evidence for that assertion.
In the Media by Walter McDaniel

Female students twice as likely to end up in debt from stress

New research has shown that female students are twice as likely to end up in debt at university as their male counterparts owing to poor personal finance skills and the large amounts of stress placed on them.
In the Media by James Walker

Bankers on the march: Hong Kong financiers join democracy fight

Hong Kong - When huge crowds took to Hong Kong's streets this week to voice anger at Beijing's ever-tightening grip, an unlikely group was marching in step: wealthy financiers fighting mainland influence over the city's markets and political life.
In the Media by Jennifer O'Mahony (AFP)

Op-Ed: Are you getting the most out of your mobile banking app?

Today, the mobile industry has us spinning on the palm of their hands. We even rely on our smartphones to take care of our personal finances. Why don't we maximize our mobile banking experience?
In the Media by Jenna Cyprus

Majority do not understand differences between credit cards

A large number of credit card users do not fully understand their card's terms, benefits and rewards program, and have trouble selecting between different types of cards. This is according to an annual survey of credit card users.
In the Media by Tim Sandle - 3 comments

Starbucks offers no tuition aid for Arizona State program

The discounts mentioned in an earlier Digital Journal article have turned out to be the only thing Starbucks is giving customers. They will not be giving any money to workers for the reduced cost of tuition.
In the Media by Walter McDaniel

Starbucks offers tuition aid for U.S. employees

Starbucks officials have announced a new plan to help some of their staff pay for college. They are going to work with Arizona State University to provide discounts for college fees.
In the Media by Walter McDaniel - 2 comments

Clandestine UK case raises legality concerns

The case is completely shrouded in secrecy with government officials being the only sources. The information we have so far only tells us that the trial will happen in the future and not much more.
In the Media by Walter McDaniel

Pope Francis replaces financial team

The Pope fired all members of the Vatican's financial oversight committee and replaced them with new candidates. This came after significant problems within the group itself.
In the Media by Walter McDaniel

Detroit art museum contents proposed for debt payment

Detroit - The number of pieces that debt collectors are targeting after a default by Detroit has risen from 1,700 to 66,000 after a change in terms and negotiations.
In the Media by Walter McDaniel

Bitcoin exchange MtGox placed in administration: CEO

Tokyo - Failed Bitcoin exchange MtGox was Wednesday placed in administration by a Japanese court, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said.
In the Media by AFP

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.
In the Media by Peter Brieger (AFP)

Op-Ed: The future of mobile payments Special

The mobile payment market is changing from cloud access to digital currency and we are going to take a look at it together.
Digital Journal Report by Walter McDaniel

Apple: 43.7 million iPhones, 16.35 million iPads sold in Q1 2014

Earlier today Apple announced in a public statement that over 43.7 million iPhones and 16.35 million iPads were sold during the first, opening quarter of 2014 leading to combined sales of mobile devices of over 60 million units sold.
In the Media by James Walker

5 nifty personal finance apps

Roughly one in three Americans are keeping track of their finances via their smartphones. Here's a look at some applications to help you stay on budget.
In the Media by Gene Kosowan

Op-Ed: Warning to a world growing increasingly dependent on credit cards

It is absolutely possible for a person to get by without a credit score. This, by extension, means that it is absolutely possible to get by without credit cards.
In the Media by Simon Crompton - 9 comments

Bitcoin exchange MtGox placed in administration: CEO

Tokyo - Failed Bitcoin exchange MtGox was Wednesday placed in administration by a Japanese court, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said.
In the Media by AFP

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.
In the Media by Peter Brieger (AFP) - 1 comment

European parliament adopts financial markets rules

Strasbourg - The European Parliament adopted new rules Tuesday to tighten the regulation of financial markets in order to stop rampant speculation, including on foodstuffs.
In the Media by AFP

Greece's short-term debt rates drop after bond issue

Athens - Greece's short-term borrowing costs tumbled on Tuesday, days after the crisis-hit country returned to medium-term international bond markets for the first time for four years. Athens paid 2.75 percent interest on 1.625 billion euros ($2.
In the Media by AFP

France will stick to EU deficit reduction target

Paris - France will stick to the country's EU-set budget deficit reduction target, the new finance minister insisted on Tuesday, dismissing earlier indications that Paris was angling for a delay.
In the Media by AFP

European Parliament approves 'banking union' reforms

Strasbourg - The European Parliament approved on Tuesday the last elements of a new set of rules to prevent failing banks from ever again driving EU member states into bankruptcy.
In the Media by AFP

Op-Ed: Would it be beneficial for BlackBerry to move on from phones?

The troubled smartphone manufacturer BlackBerry is considering moving away from smartphones according to its CEO, John Chen, but would this actually be beneficial to the company?
In the Media by James Walker

Man City, PSG face Financial Fair Play sanctions: report

London - Manchester City and Paris Saint-Germain both face substantial punishments for failing to comply with UEFA's Financial Fair Play (FFP) rules, British newspaper the Daily Telegraph reported on Tuesday.
In the Media by AFP

Asian shares mixed after fresh Wall St losses

Hong Kong - Asia's markets were mixed on Monday following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.Tokyo's benchmark Nikkei 225 index fell 49.89 points or 0.36 percent to 13,910.
In the Media by AFP

IMF: 'herdlike' behavior driving global capital flows

Washington - Global capital flows are increasingly "herdlike" and volatile, making it harder for emerging economies to lock down capital, the International Monetary Fund said Saturday.
In the Media by AFP

ECB, BoE want more lenient rules on securitized loans

Frankfurt - The European Central Bank and the Bank of England on Friday called for easier rules regarding certain securities so as to get credit flowing again in the eurozone economy.
In the Media by AFP

G20 urges U.S. to ratify IMF reforms by year-end

Washington - The G20 pressed the United States Friday to ratify crucial IMF reforms after four years of waiting, suggesting they would find an alternative if Washington does not deliver by year-end.
In the Media by AFP

Italy's borrowing cost at record low on 12-month bonds

Rome - Italy raised 7.5 billion euros ($10.4 billion) on Thursday in a sale of 12-month bonds with the rate falling to a record low of 0.589 percent, the Bank of Italy said.The rate at a similar auction on March 12 was 0.
In the Media by AFP

Australia's NAB cuts ties with virtual currencies

Sydney - One of Australia's biggest banks confirmed Thursday it was distancing itself from digital currencies after reviewing its risk profile.
In the Media by AFP
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The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
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Couple on couch  working through their budget.
Big Stock Photo
Couple on couch, working through their budget.
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John Swinney MSP
John Swinney MSP
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The Euro sign outside the European Central Bank in Frankfurt  Germany
The Euro sign outside the European Central Bank in Frankfurt, Germany
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A sign outside the headquarters of JP Morgan Chase & Co in New York
With permission by Reuters
A sign outside the headquarters of JP Morgan Chase & Co in New York
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Standard Chartered bank
Canadian Pacific
Standard Chartered bank
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The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
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Retirement
401(K) 2012
Retirement
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Untitled
Flickr
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Federal Reserve G20 Data Display in Ratio Line Chart
Federal Reserve G20 Data Display in Ratio Line Chart
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Comparison of disposable incomes
Wyatt Emmerich, theclevelandcurrent.com
Comparison of disposable incomes
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