The ouster of Wells Fargo CEO John Stumpf was supposed to signal that the scandals plaguing the bank were winding down. But the company, which was fined $185 million by US regulators for opening more than 2 million bank or credit card accounts without the consent of its customers, can’t seem to escape the wrath of US senators and former employees airing its misdeeds.
Melania Trump says that “our culture has gotten too mean and too rough” thanks to cyberbullying on the internet, and if she becomes First Lady, she plans to do something about it.
American Muslims can expect a phone call soon from Khizr Khan. On Sunday (Nov. 6), he will remind them to get to the polls on voting day through a robo-call to 500,000 registered voters, organized by the Council on American-Islamic Relations (CAIR), a Muslim advocacy group.
An arcane budgeting trick from the 1970s is making a comeback with big companies, and its lessons can be transferred to your personal spending.
Every holiday season, the stakes get higher for brick-and-mortar retailers fighting off the rise of online sites like Amazon. And with good reason: The National Retail Federation expects online sales in the US to jump from 7% to 10% this holiday season, while research firm PwC predicts that e-commerce will rise by 25%.
It’s the nugget of financial wisdom behind savings accounts, 401(k)s, IRAs, and everything in between: “pay yourself first.”
Whether he’s calling for a ban on Muslim immigration or the wholesale surveillance of American Muslim communities, Donald Trump’s Islamophobia throughout the presidential campaign has been notorious and well documented.
Fear of Islam and Muslims in the western world is running so high, use of the Arabic language alone has been enough to provoke irrational terror fears. There have been several reports, for example, of passengers allegedly being removed from flights simply for uttering common Arabic phrases like “inshallah,” which means God willing.
Less than half of adults understand one of the key principles to making money grow: compounding interest—the idea that interest earns more interest over time.
Being a woman can be expensive. Not only do ladies earn just 79% of what their male counterparts do, they also pay the “pink tax”—the extra cost tacked onto ”women’s” products in everything from personal care to car maintenance. One recent study from the New York City Department of Consumer Affairs found that, on average, women’s products cost 7% more than similar products designed for guys.
Thanks to credit cards, digital payment apps, and smartphones, it’s easy to spend money without ever having to touch cash.
Would you pay a 23% fee to access your own money? That’s how much, on average, Americans are forking over when they withdraw $20 from an ATM that doesn’t belong to their bank.
Just about every service industry—from retailers to restaurants to hotels—has developed some kind of robot to attend to your needs on the cheap.
US vice presidential candidates Tim Kaine and Mike Pence are both known for devotion to their religious beliefs: Kaine is a practicing Catholic whose faith was strengthened when he served as a Jesuit missionary in Honduras during his youth, while Pence was raised Catholic but became a devout evangelical Christian in college.
In the wake of a seemingly endless stream of fatal police shootings, the common refrain heard from law enforcement is that every profession has “a few bad apples.” But John Oliver isn’t buying it.
Donald Trump is on a losing streak, if not in the polls then in the value of his real estate portfolio. A new examination of his assets by Forbes magazine indicates that the billionaire presidential candidate’s fortune is worth $3.7 billion, down $800 million from 2015.
Most educators agree that studying major religions helps people understand the world. But some parents in the US fear that teaching about Islam, the religion of 1.6 billion people, is akin to “indoctrination”—and they want the faith stricken from school curriculums. In recent months, outraged parents in Georgia confronted a local school board over lessons on Islam, while a school district in Virginia was closed for a day due to furor over a lesson on Arabic calligraphy. But in Tennessee, their efforts are succeeding.
Donald Trump curiously avoided his signature Muslim-bashing in the first US presidential debate. Even when moderator Lester Holt asked the Republican presidential candidate how he would “prevent homegrown attacks by American citizens,” Trump said nary a word about immigrants, walls, or Syrian refugees. Instead he attacked Hillary Clinton’s record on ISIS.
Leave it to Twitter to foment another protest movement.
Sexism in the workplace can start long before the job has even begun.
How do you bring a religion that’s thousands of years old and withering on the vine into the 21st century? With Amazon, of course.
Fandom often inspires the same zealousness that faith does, and the devotion to Harry Potter is no exception. Since the release of the first Harry Potter book in 1997, the fantastical series about a young wizard has become the best-selling of all time, with a film franchise and merchandise worth more than $21 billion combined (and that’s not including the theme park in Orlando).
Despite the Federal Reserve’s announcement today that it will hold interest rates steady, a US rate hike is almost certainly coming (paywall) before the end of the year. That’s great news for Baby Boomers, but terrible news for their Millennial children.
The case for investing in actively-managed mutual funds is withering.
