Author: Fioney Staff
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Discover Bank Discontinues Fees For Deposit Accounts
To say that Americans don’t tend to harbor great feelings toward large banks would be a bit of an understatement. Thus, while too-big-to-fail institutions continue to be known for increasing fees and decreasing services, online banks and FinTech startups have sought to offer an alternative. Now one major online-only bank is making another push to…
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Survey Finds Majority of Americans Want a Fed Rate Cut
When the Federal Reserve meets this week, for the first time in months the big question will not be whether or not they’ll raise interest rates but whether they might cut them. According to the personal finance site WalletHub, there’s a 23% chance they do so during their next session, with that probability increasing to…
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Senator Elizabeth Warren Announces Small Business Equity Fund Plan
With two dozen candidates currently in the running for the Democratic party’s 2020 presidential nomination, pundits have often ascribed certain qualities or lanes to those in the race. In the case of Senator Elizabeth Warren, she’s been seen as the biggest policy wonk of the group, offering several detailed initiatives she would hope to make…
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CoinBits Aims to Be the “Acorns of Crypto”
Bitcoin has been on a bit of a roll the last few months. With its price back over $8,000, there’s hope that some new life can be breathed into the world’s largest cryptocurrency. Still, the coin has a long way to grow, which is why Erik Finman — who MarketWatch describes as a “crypto wunderkind”…
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Uber Reportedly Looking to Expand into FinTech
Just over a month after its initial public offering, Uber is apparently looking to diversify its offerings while still pleasing their target demographic. According to a CNBC report the ride-hailing company is now eyeing an expansion into the realm of FinTech. While it’s unclear exactly what these plans would entail, it seems that internal efficiencies…
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Amazon Teams with Synchrony Financial for New Secured Credit Card
Frequent online shoppers whose credit could use a boost may have a new credit card option. This week Amazon and Synchrony Financial announced the launch of the Amazon Credit Builder. Aimed at customers with low or no credit, the Amazon Prime Store Card Credit Builder is a secured credit card (meaning that consumers make a…
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Trump Cancels Mexico Tariffs While Threatening China on Trade
Today was going to be the day that a new 5% tariffs on all imported goods from Mexico was supposed to go into effect (before climbing another five points monthly until it reached 25%). However President Trump announced on Friday that he was canceling that plan after our southern neighbors allegedly agreed to a deal…
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Top 10 Personal Finance Articles of the Month — May 2019
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. To start things off, we take a look at some investing tips to help grow your money. Speaking of investing, after that we’ll dive into a few ways you can…
