Banking & Finance - Page 2

Credit cards

US Consumer Borrowing Rose $18 Billion in July

The Federal Reserve on Thursday released its preliminary report on consumer credit for the month of July 2016. On a seasonally adjusted basis, consumer credit rose 5.8% in the month, ...
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The Case That Credit Card Agreements Are More Confusing Than Skyscraper Architect Drawings has posted a study that shows that credit card agreements are so complex that people need an education well beyond what most Americans attain. The point is that your bank or ...
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New York Stock Exchange

CME, NYSE Are the World’s Most Valuable Stock Exchange Brands

Compared to establishing the brand value of a company, valuing a company's assets is a piece of cake. After all, if a thing physically exists, someone, somewhere will be able ...
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bank building

Europe’s Banks Need to Merge, Get Bigger

With interest rates remaining very low — and no end to the low-rate regime in sight — banks of all sizes are having a hard time making a profit. John ...
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Why a September Rate Hike Could Power 4 Bank Stocks Higher

Not many sectors are positive on rate hikes, but one that is has been on a solid run since the end of June, and it may be ready to really ...
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tax time

What to Expect From H&R Block Earnings

H&R Block Inc. (NYSE: HRB) is scheduled to release its fiscal first-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for a net ...
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U.S. Federal Reserve

Fed Minutes Reveal Members Agree to Disagree

The Federal Open Market Committee (FOMC) minutes from its July meeting were released Wednesday and provide little new information about where the Fed might be headed with interest rates for ...
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check writing

How Checking Account Fees Can Cost You $800 a Year

There's an old saying that the best time to apply for a loan is when you don't need one. A corollary, perhaps, is that the best time to get a ...
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White House

Jefferies Has 4 Top Financial Stocks to Buy Ahead of the Election

One thing all market mavens rely on when looking for trends and market direction is history, because things often play out in similar patterns around specific events. This year is ...
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U Turn

Does This Mean Genworth’s Turnaround Has Finally Turned Back Up?

Genworth Financial Inc. (NYSE: GNW) has been down and out long enough that even the more aggressive turnaround investors had started to give up on it. Some investors even wondered ...
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Goldman Sachs

Goldman Sachs Down 11%, Worst Performing Dow Stock of 2016

For the year to date, shares in Goldman Sachs Group Inc. (NYSE: GS) trade down 11% and are the worst performer among the 30 stocks that comprise the Dow Jones ...
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college degree

A New Amazon Prime Benefit: Cheaper Student Loans

Where federally guaranteed student loans were once reasonable profit-makers for private lenders like banks and credit unions, that situation changed in 2010 when the federal government began making direct loans ...
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PayPal logo

Why the PayPal and Visa Partnership Is a Great Idea

PayPal Holdings Inc. (NASDAQ: PYPL) and Visa Inc. (NYSE: V) each reported earnings after the markets closed on Thursday, and at the same time announced a somewhat surprising partnership. Although ...
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Profit or Loss

Investors Not Satisfied With Travelers Earnings Beat

Travelers Companies Inc. (NYSE: TRV) is one of the more forgotten Dow stocks. Even though it may be forgotten, its stock has had a quiet rally over the past year. These earnings ...
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credit card

RBC Says Stock Market Likely Going Higher: 4 Top Banks to Buy

We tend to keep a very close eye on the brokerage firm calls that we cover here at 24/7 Wall St., especially when they make a definitive market direction call. ...
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