9 things you’ll likely pay more for in 2018

With 2017 just about in our rear view, it’s a good time to remember that pretty much nothing stays static over an extended period. Prices are no exception. That’s why it’s important that we adjust our expectations (and our budget) for 2018. Unless you always buy in bulk and have loaded up gobs and gobs of… Please follow and like us:

Read More

Repeal Dodd-Frank, eliminate the Consumer Financial Protection Bureau

WASHINGTON, November 29, 2017 – While there is currently a debate about who is actually in charge of the Consumer Financial Protection Bureau (CFPB), maybe this is a good time to talk about eliminating the CFPB entirely. Dodd-Frank and the Consumer Financial Protection Bureau In 2010 Congress passed the Dodd-Frank bill which was designed to reform… Please follow and like us:

Read More

Why we need to save the Consumer Financial Protection Bureau

By Jeff Sovern, Professor of Law, St. John’s University, Gina M. Calabrese, Professor of Clinical Education, St. John’s University, and Ann L. Goldweber, Professor of Clinical Education, St. John’s University. Consumer Financial Protection Bureau Director Richard Cordray, center, plans to step down at the end of the month. AP Photo/Steve Helber Republicans in Congress and the… Please follow and like us:

Read More

Corporate Balance Sheets Much Weaker Than You Think: Goldman

SocGen’s Andrew Lapthorne believes that weak corporate balance sheets are the fact and the cash on the sidelines is the myth. In a report published today, Lapthorne highlighted the high level of inequality that’s affecting balance sheets within the US. Specifically, the SocGen analyst notes “US corporate leverage is abnormally high for this stage in the… Please follow and like us:

Read More

Yellen defends tougher financial regulations

WASHINGTON — Federal Reserve Chair Janet L. Yellen said Friday that tough new regulations have made the financial system safer with little downside, a strong rebuttal of Republican criticisms that reforms have stunted economic growth. Yellen’s comments at the Federal Reserve Bank of Kansas City’s prestigious policy conference in Jackson Hole, Wyo., could hurt her chances… Please follow and like us:

Read More