By George Dodd, In what we all hope is not a sign of more to come after a year that most would like to forget, the US economy was mere minutes away from a potential economic crisis just weeks into 2021. As the power grid and natural gas distribution network in Texas began to crumble […]

By Jamie Golombek Each year around this time, I’m inundated with questions about strategies to tax-effectively withdraw funds from a registered education savings plan (RESP). Given the bull market of the past decade, some parents have noticed that there are substantial funds in their RESP and wonder if there are some strategies that could be […]

By J.D.Roth For the past six weeks, I’ve been hard at work writing my “introduction to financial independence and early retirement” project for Audible and The Great Courses. It’s been challenging — and fun — to rework my past material for a new audience in a new format. Naturally, I’m emphasizing two important points in this project: profit […]

By Hannah Miao With the market entering a seasonally weak period, CNBC’s Jim Cramer said Friday that real estate investment trusts are a safe bet. “You need a list of safety stocks that hold up as the market goes down that you can buy slowly,” the “Mad Money” host said. Real estate investment trusts, or […]

By Ryan Browne, LONDON — JPMorgan Chase is gearing up to debut its hotly anticipated digital bank in the U.K. next week. The move will see the U.S. banking giant take on major British lenders including HSBC, Barclays, Lloyds and NatWest, as well as start-ups like Monzo and Starling. JPMorgan will also step up its rivalry with Goldman Sachs, which launched its Marcus […]

By Rachel Layne Chapter 11 bankruptcy protection is supposed to allow companies to shed debt and get a fresh start. Ideally, creditors recover most of what they’re owed as the restructured firm begins turning a profit. Yet, more companies are liquidated than rebuilt, giving up the second chance at success that the law aims to encourage. […]

By Ulku Rowe From hyper-personalization to zero-trust networks to embedded innovation, here’s a look at what’s driving financial industry conversations and technology roadmaps.Financial services in 2020 was defined by a sudden acceleration in digitization and digital engagement—pushed by the impacts of the COVID-19 pandemic. Exchanges shut down their trading floors and moved to remote trading, […]

By Nestor Gilbert Fintechs Report Growth During COVID-19 Despite the chaos and uncertainties that COVID-19 brought upon economies worldwide, fintechs across the globe reported growth on average in Q1 and Q2 2020 (University of Cambridge, 2020). Though this growth was not the same for all regions. and markets, the industry as a whole was quick […]

By Joe Mysak Build America Bonds are back. So is the ability to refinance debt that comes due years later on a tax-exempt basis. There’s also an increase, to $30 million from $10 million, in the amount of bonds that can be sold by small issuers and for which banks can deduct their cost of […]