Banks have imposed other harsh penalties on consumers for minor lapses.
Despite efforts by regulators to to rein in aggressive practices by banks checking account overdraft fees have jumped during the past two years, according to new reports by two nonprofit groups.
Continue reading… “Despite regulatory efforts overdraft fees are rising”
Wedding costs in Canada will double if you dance.
The Copyright Board of Canada reviews copyright tariffs for various collection societies (like ASCAP and BMI in America, which collect performance licensing fees from venues). They have just approved a new set of fees to cover recorded music at a bunch of different live events. Karaoke bars, conventions, parades, weddings and several other classes of event—which already pay fees to SOCAN, which represents songwriters—will now begin paying additional tariffs to collection society Re:Sound, which represents recording artists and labels.
Continue reading… “New tarriffs on music approved in Canada”
The amount of capital available for entrepreneurs when you count the customer market is much larger.
The startup community gave itself a high five in April when the JOBS Act was signed. Crowdfunding would enable startups to reach out to the whole world to get access to funding, not just a small cabal of investors living in a 20-mile radius of Menlo Park.
Continue reading… “Crowdfunding from customers – new class of investors for startup capital”
The average sticker price and average net price for tuition and fees at public and private colleges in the U.S. over the past 15 years.
There are two ways to think about college tuition price:
Continue reading… “Graphic: The price of college tuition”
Pinterest deal values the company at around $1.5 billion.
It seems that every hot startup needs to reach a billion dollar valuation to be taken seriously after the surprising purchase of Instagram by Facebook. It only seems inevitable that the popular image pinboard site, Pinterest would skyrocket in value.
Continue reading… “Pinterest joins the billionaires club with $100 million funding from Rakuten”
Economists are increasingly worried that young Americans will spend years buried under student debt.
Joe Mihalic was determined not to be one of the many young Americans that economists are increasingly worried about that will spend the coming years buried under student debt.
Continue reading… “How one man wiped out $90,000 in student loans in 7 months”
UBS, the world’s biggest non-U.S. private bank, said in 2008 it would discontinue offshore accounts for U.S. citizens.
Some of the world’s largest wealth-management firms are wanting American millionaires to go away ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC, Deutsche Bank, Bank of Singapore and DBS Group all say they have turned away business.
Continue reading… “Foreign banks turn away U.S. millionaires”
The pay gap between U.S. CEOs and average workers is higher than anywhere else in the developed world.
In the U.S. the average chief executive earned more than $11 million last year in salary, stock options and other compensation. new analysis by the Economic Policy Institute found. That’s around 231 times more than average workers.
Continue reading… “CEO pay 231 times more than average workers in the U.S.”
Are doctors rich?
There are few doctors that think of themselves as rich, and only about half think they’re fairly compensated, according to survey by Medscape released this week.
Continue reading… “51% of all doctors believe they are compensated fairly”
Americans 60 and older still owe about $36 billion in student loans.
Senior citizens are an unexpected demographic that is still burdened with paying for college and the student loans are wreaking havoc on their finances.
Continue reading… “Student loans still a burden on senior citizens”
[youtube]http://www.youtube.com/watch?v=pzTZ0WmwahM[/youtube]
If your friend owes you money, lacking cash is no excuse if he’s got an iPhone. Just like sending contact information with the Bump app, you can now transfer money the same way with Bump Pay. The free app asks for your email address when it’s initially opened. You and your iPhone-wielding friend bump hands; when you feel the vibration, the money’s a-moving.
Continue reading… “Bump Pay – an app that lets you pay your friends by bumping iPhones”
Sweden pointing the way to an almost cash-free economy.
There are so many things to dislike about analog money. Cash and coins are unwieldy. They’re heavy. They’re dirty. They leave no automatic record of the financial transactions that are made with them.
Continue reading… “Sweden goes cashless, the world will follow”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.