Category: Economy

How Bitcoins Could Put Your Finances at Risk

Virtual currencies could cause you to lose “real” money, according to a new report The Consumer Finance Protection Bureau released a report Monday concluding that virtual currencies, such as Bitcoin, offer less protection than...

S&P: Income Inequality Is Damaging the Economy

Improved education will have clear benefits for GDP growth, S&P says Rating agency Standard & Poor’s has become one more emphatic voice blaming the halting post-recession recovery on high income inequality in the United...

U.S. Economy Bounces Back With 4% Growth

The figures beat market expectations and reversed the declines of a frosty first quarter U.S. GDP surged by 4% in the second quarter of 2014, beating analysts’ forecasts and more than compensating for the...

Study: 35% of Americans Facing Debt Collectors

The delinquent debt is overwhelmingly concentrated in Southern and western states More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released...

The Fastest- And Slowest-Growing Retailers

  Sellers of discretionary items dominate a new list of retail industries with the fastest sales growth over the last 12 months, according to research from Sageworks,  a financial information company. Electronics and appliance...