Fioney Staff
Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Small Business News
Majority of Small Business Owners Say the Minimum Wage isn't a Living Wage
by Fioney Staff
As the 2020 presidential election draws nearer, the subject of a "living wage" has again proven a hot topic — especially among Democratic primary candidates. Meanwhile, in recent years, a number of cities have passed their own initiatives to hike the minimum wage to $15 an hour or more. Throughout discussions of such moves, there's been a focus on small businesses that some argue would be hardest hit by increasing...
FinTech News
Robinhood Announces Introduction of Fractional Stock Trading
by Fioney Staff
In the past few months, the investment app Robinhood has certainly seen its share of ups and down. Nevertheless the company has continued to not only push forward but also bring new features to its platform. On that note, the FinTech has just revealed that it will soon give users a new way to invest. Today Robinhood announced that it would be adding fractional stock trading to its platform. As...
Personal Finance News
Apple Card Introduces Interest-Free Financing for iPhones
by Fioney Staff
When Apple announced the Apple Card earlier this year, it was met with both excitement and skepticism — and has somehow delivered on both. Despite being described by Goldman Sachs CEO David Solomon as the "the most successful credit card launch ever," there have been some bumps along the way. While some of those problems may still exist, Apple seemingly has a couple of ideas for winning over fans. This week Apple...
FinTech News
FintechOS Announces $14 Million Funding Round
by Fioney Staff
With as much attention as Silicon Valley startups get, it can be easy to forget that FinTech is far from just an American phenomenon. In fact firms in Europe, Asia, and beyond have certainly done their fair share or innovating and, yes, fundraising. Among them is Romania-based and aptly-named FintechOS. This week the company announced it had raised £10.7 million ($14 million) in its latest funding round. The Series A...
Personal Finance
WalletHub Ranks Cities with Least Sustainable Credit Card Debt
by Fioney Staff
With U.S. credit card debt totaling more than $1 trillion and the 2019 holiday shopping season likely to move that number even higher, it's a sad reality that many Americans will spend months or years paying off their debts. However consumers in some cities may have it even worse than others. A new study by the personal finance site WalletHub looked specifically at how long it would take those in...
Best of the Web
Top 10 Personal Finance Articles of the Month — November 2019
by Fioney Staff
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. First up we'll look at a few tips and tricks that can help you adjust your money mindset. Then, with the holidays just around the corner, we'll discuss money and stress-saving suggestions, followed by a couple of articles about the dangers of lifestyle inflation. Finally...
Economic News
U.S. Economy Adds 266,000 Jobs in November
by Fioney Staff
It may be hard to believe but we're already in the last month of the decade — a decade that's economically been defined by recovery and growth. Therefore it only seems appropriate that the last jobs report to be released in 2019 would once again show encouraging results. As Axios reports, the latest figures from the Bureau of Labor Statistics featured many pieces of good news. While experts surveyed by...