Whether there is a financial downturn or the economy is improving, it’s always important to incorporate money saving tips to ensure that you’re protected no matter what the economic climate is. This infographic takes a look at eight financial measures to add to your lifestyle to make sure you’re financially secure in the present and […]
Archives for May 2014
Peter Schiff: No one is buying gold with bitcoins at Euro Pacific Metals
Peter Schiff’s Euro Pacific Capitals made headlines when it announced a partnership with BitPay to process bitcoin transactions for gold and silver bullion. This story went viral because Schiff has previously lambasted the peer-to-peer decentralized digital currency. Speaking with CNBC on Thursday, Schiff noted that not a lot of customers are purchasing gold with bitcoins. […]
Stanley Fischer sworn in as member of Federal Reserve’s board of governors
Stanley Fischer, a former governor at the Bank of Israel, chief economist at the World Bank and deputy managing director of the International Monetary Fund (IMF), was sworn in Wednesday as a member of the Federal Reserve’s board of governors, though Fischer still awaits for approval from the Senate to serve as the central bank’s […]
Is Obamacare hurting Americans’ retirement plans?
Over the past couple of years, we have reported on numerous studies, articles and reports that have highlighted how President Obama’s Affordable Care Act (ACA), otherwise colloquially known as Obamacare, will lead to higher medical costs and premiums. A survey now finds that Obamacare will likely hurt Americans’ retirement plans. A new survey released by […]
Global derivatives market reaches $710 trillion
Since the United States was held hostage during the tumultuous financial crisis a few years ago, Wall Street’s biggest financial institutions have gotten bigger. Over the past five years, the six largest U.S. banks’ assets have grown 37 percent with total assets nearing $15 trillion: Goldman Sachs, Morgan Stanley, Wells Fargo, Citigroup, Bank of America […]