Bank Fraud Fallout Continues With Chase Settlement

While Bank of America has been grabbing headlines lately as the poster child for problematic mortgage and securities transactions dating back to the housing crash of 2008 and before, JP Morgan Chase has been conducting it own legal battles on similar charges of...

What Does the Dollar’s Decline Mean for Investing?

When the government shutdown ended, the value of the US dollar stood at its lowest point in about eight months, with some experts predicting it could fall even lower in the coming weeks. As China calls for a “de-Americanization” of the global financial world, what...

The Bitcoin, the Silk Road, and the FBI

How did the FBI end up with over $3 million in Bitcoins? How did the virtual currency become the medium of choice for transactions on the cybernarcotics site Silk Road? And more important, perhaps – why should we care? The saga of the world’s first digital money...

Can New Mortgage Standards Derail the Recovery?

The Federal Reserve’s decision to postpone – indefinitely – the planned taper-down of its massive mortgage securities buyup is good news for the hard-hit housing industry the stimulus plan was designed to help. But even as mortgage interest rates will likely remain...

The Fed’s Reversal Rocks the Markets

Remember “Septaper” – that awful sobriquet for the Federal Reserve’s planned taper down of its asset-buying stimulus plan? After months of hinting that led up to an expected draw down in September 2013, the Fed pulled an about-face, announcing that the plan will roll...