Wednesday, December 2, 2015

GET.com: CFPB On Collision Course With Congress Over Car Loans

GET.com Financial News & Opinions
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CFPB On Collision Course With Congress Over Car Loans




The Consumer Financial Protection Bureau (CFPB) is playing a game of chicken with Congress over the Bureau's authority to regulate car loans, and it looks like Congress is winning. The Dodd-Frank Act of 2010 created the Consumer Financial Protection Bureau as a branch of the Federal Reserve,...
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Bitcoin Mining Ponzi Scheme To Face Legal Action




The Securities and Exchange Commission (SEC) filed charges against the founder of two Bitcoin mining companies for operating a Ponzi scheme that defrauded investors of an estimated $20 million. According to the complaint filed by the SEC in a Connecticut federal court, Homero Joshua Garza...
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U.S. Manufacturing Data Hints At Recession




The Institute for Supply Management's U.S. Manufacturing Index fell to a 6-year low of 48.6 percent in November, flipping into a recessionary reading for the first time since November 2012. This was the weakest reading since the last month of the Great Recession, June 2009. The Index interprets...
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2015 Auto Sales On Track For A Record Year




American monthly auto sales data was released yesterday by automakers that keeps the industry on pace for a record-setting year. The strength was attributed to the continuing love affair Americans have with SUVs, boosted by marketing promotions in November. There were 1.32 million auto sales in...
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4 Cheap Winter Vacation Spots In Europe




When summer finally winds down, many of Europe's hottest destinations kick back and regain their balance, free of the swarms of tourists. In winter (the off-season) prices are low, hotel rooms quite available and streets uncrowded. You can actually see what you're trying to see and visit those...
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Guide To Continuing Education And Taxes




Many adults consider themselves to be lifelong learners. In some instances, employers pay for continuing education (CE), especially when employees must have "CE credits" to maintain their credentials. Workers who are older than 60 years of age may get free tuition to continue an education if they...
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Social Security And Welfare - What Is The Difference?




Welfare and Social Security are different financial programs designed to provide financial income to their recipients. All U.S. workers who have paid Social Security taxes over a life time may receive Social Security retirement or survivors' benefits. This has nothing to do with welfare, as you are...
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