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Are You Ready for a Digital Wallet?

Are You Ready for a Digital Wallet?


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The typical wallet full of cash and a stack of cards may be a thing of the past – at least, that’s what the creators of a new digital “wallet” called Coin are hoping. But even as Coin racks up over half a million dollars in preorders, critics worry that the new device opens doors for identity...

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Are Bank Fraud Cases Hurting the Economy?

Are Bank Fraud Cases Hurting the Economy?


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Last week, JP Morgan Chase settled its latest lawsuit with the US Department of Justice to the tune of $18 billion. That’s the largest single settlement ever concluded for an individual American corporation, and that makes some industry watchers wonder whether the government is simply out to punish...

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Private Loans Can Launch Investments

Private Loans Can Launch Investments


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Building an income stream from investment property is, as Jason Hartman says, the best bet for building long term wealth. But for some hopeful investors, the project gets stalled at the starting gate because less than perfect credit or other circumstances make financing hard to get. For some, that means...

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A Stimulus Plan Architect Reveals the Truth

A Stimulus Plan Architect Reveals the Truth


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The Federal Reserve’s massive bond buying stimulus program has been in and out of the news for months as the Fed hints at tapering it down, only to backpedal in light of changes to the economic picture. But even as the Fed continues its will they, won’t they dance, a former architect of the program...

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Bank of America Gets The Hustle in a New Settlement

Bank of America Gets The Hustle in a New Settlement


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It seems like old news by now.  Charges, suits and settlements against the nation’s megababks for mortgage fraud dating back to the days of the housing bubble and subsequent crash keep making headlines with dismal regularity. And the trend continues as Bank of America, the perennial bad buy of mortgage...

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How Long Can Alternative Currencies Survive?

How Long Can Alternative Currencies Survive?


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Led by the Bitcoin, digital alternative currencies continue to quietly make inroads into the consumer economy worldwide. But the very qualities that keep these “cryptocrurrnecies” circulating may also make them the target of government and corporate efforts to shut them down – a possibility that...

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Fannie Mae Sues Banks for Interest Rate Fraud

Fannie Mae Sues Banks for Interest Rate Fraud


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The US Justice Department and numerous state attorneys general have been pressing lawsuits against the nation's big banks for a variety of crimes and misbehaviors since 2010. Now, housing giant Fannie Mae is joining the party, with  a lawsuit of its  own against nine major US and foreign banks for...

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Older Home Sales Heat Up the Recovery

Older Home Sales Heat Up the Recovery


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Call them vintage. classic or just plain old, homes of a certain age are quietly driving housing sales in markets around the country, as investors and residential home buyers alike snap up these older properties at bargain – basement prices. According to a new report front UPI Business News, the real...

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Investing Trends Create Generation Gaps

Investing Trends Create Generation Gaps


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The “generation gap” is blamed for differences in attitudes and behaviors on everything from music to careers. Now, according to a new report by the New York Times, it’s a term that can be applied to the way three generations – baby boomers and the so-called Generations X and Y – manage their...

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Nusance Ordinances Harm Landlords – and Tenants

Nusance Ordinances Harm Landlords – and Tenants


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Across the country, communities small and large have enacted ordinances aimed at combating neighborhood crime. Under names like “nuisance ordinances” or “landlord 911 laws,” these local laws are now facing legal challenges because of the harm they can cause to both property owners and their tenants. Anti-...

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