transparency
Do You Still Need to Read Your Credit Card Contract's Fine Print?
8:00AM 9/01/2011
JP Morgan Chase, American Express, Bank of America, Citigroup, Wells Fargo & Co, Personal Finance, Credit Cards
It appears that complaints from consumers and regulators about the lack of credit card transparency at banks have not fallen on deaf ears. According to CardHub.com's 2011 Credit Card Application Study, the 10 biggest issuers of plastic have significantly improved transparency this year.
New Fed Rule Pulls Back the Curtain on Credit Decisions
11:30AM 7/20/2011
Credit, Video, Banking, Consumer Ally, Personal Finance, Credit Cards
Have you ever been turned down for a loan? Had your credit line slashed or interest rate bumped up? Well, starting Thursday, banks and other lenders will be required tell you a bit more about why. The FTC and the Fed are implementing a new rule requiring lenders to show consumers the credit score data they used to make their decision.
If the financial collapse taught us anything, it's that opacity and self-serving behavior rule at the big Wall Street firms -- so how can the little guy trust their advice? Wikinvest's Mike Sha explains how crowdsourcing can provide better, less biased investment advice to average investors.
Russia or China: Which Country Is More Hazardous for Investors?
9:00AM 1/07/2011
You can put new clothes on formerly communist nations, but it's hard to change what's under their skin. Don't be fooled: Both Russia and China have really awful bones. So before investing in either one, know the risks that lurk below the surface.
The U.S. Securities and Exchange Commission is considering a rule that would level the playing field between retail investors and high frequency traders. Under the proposed rule, unlicensed high-frequency traders will no longer be able to gain "naked access" to public markets through brokerages that rent out their access.
The CEO of News Corp.'s (NWS) Fox Filmed Entertainment this week called for a U.S. "three strikes" law, similar to one just passed in France that would cut off suspected Internet pirates' Web connections and could land them in jail. Speaking at a press conference in Athens, Fox's Jim Gianopulos...
Target-Date Funds: Hidden Risks in 'Simple' Plans
1:30PM 11/18/2009
It seems simple enough. You know what year you plan to retire, so you pick a mutual fund with that same date, set it and forget it.
No wonder target-date funds in 2008 had their highest year for net new cash flows -- at an estimated $57 billion. This year, cash flows are on track to set another...
A recent New York Times piece looks at the hot button topic of whether employees should know how much their coworkers make. The current discussion was spawned by a post on The Brazen Careerist but the issue of salary transparency isn't a new one. A professor at University of Southern California has...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.08 | -0.11 -1.28% | 179.08M | |
| 2.20 | +0.26 +13.14% | 100.91M | |
| 12.42 | -0.28 -2.17% | 34.59M | |
| 18.83 | -0.30 -1.57% | 32.37M |
% Gainers
| 32.45 | +8.55 +35.77% | 14.79M | |
| 89.14 | +12.75 +16.69% | 9.78M | |
| 2.20 | +0.26 +13.14% | 100.91M | |
| 20.14 | +2.27 +12.70% | 128,010 |
% Losers
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Newswire
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