Sector: Consumer Finance

MasterCard is betting big on mobile payments replacing credit cards and is making moves to make sure it has solid footing in the mobile payment space.    Read More

President Obama rightfully assumes credit for the auto industry bailout, a political victory that saved 1.5 million jobs and likely prevented another depression. Unfortunately, over 20,000 non-union salaried Delphi workers were left behind, their pensions sacrificed at the altar of forgiveness.    Read More

The United States has a renewed sense of optimism.    Read More

Federal Reserve chairman Ben Bernanke went to the well of make-believe wealth once again, setting the stage for more bond buying in last week’s announcement. With a sullen economy supported by 36 months of smoke and mirrors, the punch bowl was never far away.    Read More

Every lap around the track, each sit up and all of those salads are just one more way to save for retirement.   Read More

The canvass of investment planning has been subject to a variety of hues absent from the traditional 24 color Crayola box. Industries evolve, rules of thumb lose their grip on what’s considered suitable and unannounced complexities require a different brand of expertise from those providing advice.    Read More

With Europe in despair and the U.S. economy still sputtering, consumers rolled their eyes like dice, wagering family budgets on Black Friday. Sales increased by 6.6 percent the day after giving thanks for what we already have, an indication that Congress isn't the only house with a spending problem.    Read More

In a matter of just 25 years, defined contribution plans have become the predominant retirement tool available to American workers, many of whom have little investment experience. Nevertheless, the novelty could be wearing off, as 401(k) plans may be ill-suited for the current economic environment.    Read More

Small business owners who use credit cards for business funding can garner debt stability never before possible, says guest columnist Odysseas Papadimitriou.    Read More