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.
Personal Finance News
Study Finds Best and Worst Credit Cities for 2019
by Fioney Staff
If you've been paying attention, you may have heard that the average credit score in America is on the rise. In fact, according to the Fair Isaacs Corporation — much more commonly known as FICO — the average now sits north of 700 points. However the personal finance site WalletHub recently sought to find which cities in the country had the best (and worst) credit scores, uncovering one stand-out where the median...
FinTech News
Plaid Introduces Auth Product, Adding Thousands of Banks to API
by Fioney Staff
If you're a user of a personal finance app that relies on data provided from your banks, there's a very strong chance you've used Plaid's API to make that connection happen. Prior to today Plaid offered quick authentications for approximately 3,800 banks, allowing users to simply log into their accounts and provide various apps with the info they needed. Now the number of supported banks is set to increase three-fold...
Small Business News
Tide Turning on Small Business Optimism?
by Fioney Staff
Throughout 2018 optimism among small businesses was at an all-time high. Month after month, the National Federation of Independent Business' Small Business Optimism Index showed entrepreneurs were enthusiastic about their future prospects and the economy at large. Moreover, in November, the index celebrated two years of record optimism. Now a new survey from The Wall Street Journal and Vistage Worldwide Inc. suggests some of that positivity may be fading, potentially signaling a...
Best of the Web
Top 10 Personal Finance Articles of the Month — January 2019
by Fioney Staff
It’s time again for my favorite feature here on Dyer News: a look at my top 10 personal finance articles of the month. With a new year upon us, several bloggers offered tips for a building and sticking to a budget in 2019. Turning to other financial goals, topics of income and investing were also popular in January. To round things out, we'll also take a look at automating your...
Economic News
Job Report Exceeds Expectations, Reaches Historic Milestone
by Fioney Staff
It was just yesterday that economists and observers were offering their best guesses for what promised to be an interesting jobs report. Complicated by the longest partial government shutdown in history, expectations had pegged the number of payrolls being added at 165,000. In actuality the report released by the Labor Department shows that the economy added upwards of 300,000 — reaching a notable milestone in the process. As CNBC reports,...
Economic News
Now-Ended Partial Government Shutdown to Complicate Jobs Report
by Fioney Staff
On Friday, the Labor Department will release its monthly jobs report for the first month of the year. While the figures it will contain are expected to be solid, the partial government shutdown that was in place for much of January will lead to a very interesting report overall. For example CNN notes that the 800,000 federal workers affected by the shutdown — either being furloughed or forced to work...
FinTech News
Report Suggests Two Groups Responsible for Majority of Crypto Hacks
by Fioney Staff
As the popularity and awareness of cryptocurrencies has increased in recent years, media coverage of hacks and other thefts has also been elevated. This might make it seems as though crypto hackers are common and widespread. However, according to a new report by Chainalysis, as covered by Fortune, the majority of these hacks can likely be attributed to two groups. What's more, both are apparently still active. Chainalysis suggests that 60%...