I often have a hard time explaining to my kids why they should put some of their money in the bank. My 9-year-old daughter got me when she asked how much she'd be paid for trusting the bank with her cash. The honest answer is that she'd get paid basically nothing.
Lately, the banks that issue credit cards have seen some big improvements in the way their customers have been handling their bills. But no surprise -- the card companies aren't repaying the favor.
Google built its empire on innovations that served consumers well, but it's building its future on serving those consumers, and their personal data, up to advertisers. Not only that, but Google's new focus has the company pursuing projects that may actually be harmful to users.
Tens of millions of Americans take to the Web regularly to do our most important financial business. As we do, the company Corporate Insight is tracking which institutions are offering customers the best new online innovations. Here's what CI found:
Martin Zweig%u2019s unique, earnings-oriented approach to stock picking has produced consistently outstanding returns over a 15-year period, writes John Reese, who explains the growth and value components of Zweig%u2019s strategy and reviews some of his current holdings.
Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-estate data coming out.
Five of the six largest U.S. issuers of credit cards reported a drop last month in then percentage of credit-card balances deemed uncollectable. The drop suggests consumers may be making headway in their efforts to pay off their debts.
