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.
FinTech News
Facebook Reportedly Still Working on Building Its Own Cryptocurrency
by Fioney Staff
For months one of the big rumors has been that Facebook was developing a cryptocurrency that could be used for payments on its platform. While these plans still aren't confirmed, we are seemingly getting a better idea of what this would look like. According to the Wall Street Journal, Facebook is continuing talks with various potential partners in a bid to achieve e-commerce dominance. The effort to bring the digital...
Best of the Web
Top 10 Personal Finance Articles of the Month — April 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. Starting this off, we look at a couple of articles related to some of the largest purchases many of us will make in our lifetimes. Then we'll talk saving and budgeting, including tips for slimming your budget and more. Also this month we'll go over...
Economic News
United States Unemployment Falls to 49-Year Low
by Fioney Staff
Another week, another better-than-expected economic report. Today the United States Labor Department issued its latest jobs report showing that the economy added 263,000 jobs in the month of April. Not only does that top the 213,000 jobs MarketWatch's poll of economists had anticipated but also helped bring the unemployment rate down to a level not seen in nearly 50 years. With the added jobs, U.S. unemployment fell two-tenths of a...
Personal Finance News
Survey Finds Foreign Transaction Fees May Surprise Majority of Cardholders
by Fioney Staff
When considering a new credit card it's likely that consumers will evaluate some of the various perks, including cash back, airline miles, and more. However an emphasis on these benefits may cause them to overlook certain fees — especially if they don't believe such costs will affect them. Considering that a new report from the personal finance site WalletHub found that 80% of those surveyed were unaware that foreign transactions...
Small Business News
Is Google My Business Considering Premium Paid Subscription Plans?
by Fioney Staff
It looks as though some big changes could be coming to Google My Business. If you're not familiar, the service allows business owners to "claim" their listings on the search engine, helping to ensure that hours of operation, location, and more are correct. Google has traditionally made this offering free as having the more accurate information made Google's listings more valuable to searchers. However a recent survey sent to some...
FinTech News
Prominent Cashless Chain to Accept Cash Once Again
by Fioney Staff
For years a big question surrounding FinTech, cryptocurrencies, and mobile payments has been whether these technologies would accelerate a move toward a cashless future. Between a majority of Americans stating that they believe the country would go cashless in their lifetime and a slate of retailers announcing they'd be moving away from cash, it did seem as though payments were headed in that direction. However last week the cashless trend...
Economic News
United States' Q1 GDP Growth Exceeds Expectations
by Fioney Staff
Following a relatively weak fourth quarter that brought down the United States' 2018 average gross domestic product growth to just below 3%, the economy managed to to exceed expectations and roar back in the first quarter of 2019. According to CNBC, a poll of economists estimated the quarter's GDP growth to be 2.5%. Instead the Bureau of Economic Analysis' report released on Friday showed growth of 3.2% — marking the first...