Credit cards minimum payments are low to keep you in debt, entice you to spend, and for the credit companies to continue earning blockbuster profits. In 2019, the country’s largest banks, including JPMorgan Chase, Goldman Sachs, and Bank of America,...
The presumptive Democratic candidate Joe Biden called for an end of the era of shareholder capitalism last week. He said, “I’ll be laser-focused on working families, the middle-class families I came from here in Scranton. Not the wealthy investor class....
Thirty million unemployed Americans are about to lose the extra $600 a week unless Congress and the Trump administration come up with a compromise soon. The administration believes that the additional payment incentivizes Americans not to go back to work. ...
Historical low-interest rates are destroying savers from Germany to Sweden. According to a recent report from the European Central Bank (ECB), in Germany alone, 80 banks are charging negative interest rates to both their institutional and retail clients. Across the...