November 1, 2013

In the fall of 2013 the U.S. came perilously close to defaulting on its debt. Already reeling from a two-week government shutdown, lawmakers were able to come together at the eleventh hour to raise the debt ceiling through February 7, 2014. If it had failed to do so, then for the first time in history the U.S. would have been unable to pay the interest on Treasury bonds. This would have sent global markets into disarray while almost certainly setting Continue reading

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October 1, 2013

The Dow Jones Industrial average is often considered a bellwether for the economy. This stock index of 30 large publicly traded American companies offers a snapshot of the nation’s fiscal wellbeing for analysts and day traders alike. Regardless of its popularity, however, the Dow is hardly perfect. Deciding which companies comprise the index is a delicate process that sometimes omits major players. For instance, a couple years ago we shared a story in the newsletter about Apple’s absence from the Continue reading

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September 14, 2013

 

For emerging economies, investment from foreign powers has long been a contentious topic. In fact, as recently as last year protestors lined the streets of India’s major cities against a series of reforms designed to open the country’s retail sector to foreign direct investment (FDI). The laws would allow companies like Wal-Mart and Tesco to buy up to 51% stakes in local businesses. The proposed reforms inflamed the fears of many Indians who felt that the economy would become Continue reading

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crowdfundCrowdfunding websites like Kickstarter and Indiegogo have raised hundreds of millions of dollars for businesspeople and artists looking for quick injections of cash. But what has it done for the people who actually contributed to these campaigns? While many crowdfunding drives offer prizes and gifts to their donors, they don’t provide participants with ownership stakes like other methods of investment. That’s why a new wave of crowdfunding platforms are coming on the scene to make this burgeoning financing strategy more Continue reading

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credituThe Great Recession soured millions of people’s relationships with traditional banks, driving many to entrust their money with credit unions instead. Along with incessant media coverage of their questionable dealings, banks at the time had to contend with consumer outrage about hidden fees and supersized overdraft penalties. As a result, credit unions appeared to be safe and sensible money managers compared to their colossal, unscrupulous counterparts on Wall Street. Plus, credit unions offered perks like free checking, friendly staff, and Continue reading

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