Bank of America CEO: The Consumer is Resilient, and Here is Why
BofA CEO Brian Moynihan is dialing back his expectation for a mild recession this year, mostly thanks to the resilience of the US consumer.
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More Americans Are Getting Turned Down for Loans, Fed Data Shows
Americans are increasingly likely to get turned down when they apply for credit, according to a new Federal Reserve survey.
Why Do I Keep Getting Denied a Loan Even Though I'm High-Net Worth?
When it comes to high-net-worth lending, more money can mean more problems if the individual doesn’t have conventional income or liquid assets.
Silver Coins, Promised Profits, and an Empty Vault
How a silver dealer’s slow theft of investors’ precious American Eagle coins ended in a $146m fine.
It Takes a lot Less Money to Feel Wealthy Than to be It, Survey Finds
Among the 48% of Americans who already see themselves as rich, their average net worth was $560,000, survey found.
More Americans Are Getting Auto Loans That Exceed the Worth of Their Cars
More Americans entering into auto loans exceeding worth of their cars after vehicle values declined in the wake of dramatic increases during pandemic.
Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
2 year CD offers seemingly low-risk guaranteed opportunity for savers/investors now, strategy that relies solely on CDs unlikely to meet your needs.
