Is RushCard Really the Problem?
As banks have increasingly failed to provide products and services tailored to low-income customers, many have flocked to alternative financial service providers.
Browsing Tag
Finance
45 posts
The Future of Work: The (Excessive) Power of Finance
The latest entry in a special project in which business and labor leaders, social scientists, technology visionaries, activists, and journalists weigh in on the most consequential changes in the workplace.
The Dangerous Mathematical Con of Hedge Funds and Financial Advisers
Using too many trials to design investment algorithms renders them statistically useless and potentially devastating.
Banks Don’t Do Much Banking Anymore—and That’s a Serious Problem
As hedge funds, private equity firms, and other asset managers that make up the shadow banking system gradually take over the role of lending, their risks—and the borrowed money they use to make them—are largely shielded from view.
The Bitcoin Crash That Never Came
After watching it survive Chinese legislation that attempted to ban the use of virtual currencies, we’re much closer to positive that Bitcoin is here to stay for good.
Everything Is Money: Does It Matter What Form Our Currency Takes?
The primary goal of money is to connect disparate individuals and groups, giving them a universal medium of exchange in the form of an object or symbol that all parties value.
How Financial Education in Jail Can Empower Inmates—and Save Everyone Money
Incarcerated men say that money troubles put them in prison—and avoiding money troubles will keep them out.
Personal Finance Tip: Don’t Get Sick, Injured, or Hurt in America
Why are common medical procedures so expensive in the United States?
The Wall Street Crackdown America’s Been Waiting for?
A bunchofoutlets reported yesterday that New York Attorney General Eric Schneiderman subpoenaed seven of the world’s largest banks over the…