Goldman Sachs Slips on Report That the Federal Reserve Is Investigating Its Marcus Business
The Federal Reserve is investigating Goldman Sachs’ consumer businesses. The company’s shares are now under scrutiny as they fell 2.54%. Goldman is now up 0.15% on the year. According to a Journal report, the regulator is investigating whether Goldman had the appropriate …
Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup’s fourth-quarter net income fell by more than 21% from a year ago as the bank set aside more money for potential credit losses. Shares rose 1.7% as investors looked to some positives in the report, including a record fourth quarter for …
CEO of Crypto firm Ripple says its court battle with the SEC has gone exceedingly well.
Ripple CEO Brad Garlinghouse is optimistic the company will win the battle as its lengthy court battle with the U.S Securities and Exchange Commission nears a conclusion. The San Francisco-based start-up is fighting the SEC over allegations that Ripple, Garlinghouse, and executive …
New York’s fiscal chief says that the bonuses of Wall Street climbed to a record $257,500 per worker last year.
State comptroller Thomas DiNapoli says the average bonus paid to securities industry employees in New York climbed 20% to a record $257,000 for last year. The projection, which was released on Wednesday in the annual report from New York’s top fiscal officer, …
What is the Optimal Number of Credit Cards to Have?
Your favorite stores offer credit cards, national companies offer enticing perks and credit cards can be used just about anywhere. So, how many should you really have? While there’s no magic number, here are a few things to consider before you add …
Be Cautious About ‘Gray Charges’ on Your Credit Card Statement
Do you carefully examine your credit card statement each month? If you don’t, you could be missing sneaky charges. When you make purchases online, many companies include fees or service charges that aren’t clearly listed in the pricing information – and which …
How to Correct a Billing Error on Your Credit Card Statement
Do you review your credit card statement every month? If not, you should consider starting. That’s because it’s really the only way you can catch a billing error and avoid paying a mistaken charge. Billing errors happen more often than you might …
Guide to Negotiating with Your Credit Card Company
Many people feel helpless when they’re in credit card debt, but you have more power than you may realize to change your fortunes. Credit card companies are often open to negotiating with their clients, on everything from interest rate to payment schedule. …
Credit Card Tips for Older Americans
Credit card debt is one of most common financial troubles for senior citizens. However, many people need or want a credit card for certain purchases. Using these tips from the experts, seniors can ensure they are using their credit cards responsibly. Image …
How You Can Correct a Credit Card Billing Error
Do you review your credit card statement every month? If not, you should consider starting. That’s because it’s really the only way you can catch a billing error and avoid paying a mistaken charge. Billing errors happen more often than you might …