Can Digital Money Change the World?

The Bitcoin’s march toward legitimacy took another step forward this week, as the digital currency was accepted as legal tender to buy a Tesla – a fitting arrangement for the purchase of the new electronic car. But even as Lamborghini Newport Beach happily announced...

A New Mortgage Picture for 2014

As the housing collapse recedes into memory, the housing market is finding new footing in a very different world dominated by a changed mortgage lending landscape. And, according to some economists, those changes are leading to a very different – and more...

Are Foreign Buyers Good For US Real Estate?

It’s no secret that the housing market has been showing signs of strength in key areas around the country. Interest rates, propped up by the Federal Reserve’s continued bond buying stimulus plan, are staying low and home prices are continuing to rise. But according to...

What’s In Your (Digital) Wallet?

The typical wallet full of cash and a stack of cards may be a thing of the past – at least, that’s what the creators of a new digital “wallet” called Coin are hoping. But even as Coin racks up over half a million dollars in preorders, critics worry that the new device...

Is the Government Out to Punish the Big Banks?

Last week, JP Morgan Chase settled its latest lawsuit with the US Department of Justice to the tune of $18 billion. That’s the largest single settlement ever concluded for an individual American corporation, and that makes some industry watchers wonder whether the...