Source: The College Investor FloatMe is a fintech app that offers $50 cash advances between paychecks. While there is a monthly fee, there are no interest charges and no credit check is required…
Daily Broad Market Recap – September 12, 2024
It was a risk-on day for financial markets, as crude oil closed out with nearly a 3% win while gold hit fresh record highs. U.S. stock traders also had a blast, as…
ECB Lowered Main Deposit Rate by 0.25% as Expected, Growth Forecasts Downgraded
European Central Bank (ECB) policymakers announced their unanimous decision to lower their main deposit rate by 0.25% as expected, following its previous cut in June. The central bank cut its deposit facility…
Navient Banned From Student Loan Servicing After $120 Million Settlement
Navient, once the largest student loan servicer in the United States, is facing a permanent ban from servicing Direct Loans and other financial aid programs as the result of a lawsuit from…
Chart Art: GBP/CAD Reversal Pattern Forming
This sterling pair seems to be struggling to sustain its recent trend, and a chart pattern is forming to suggest a potential reversal. GBP/CAD made a couple of failed attempts to bust…
Understanding Grandparent-Owned 529 Plans
Source: The College Investor What is a grandparent-owned 529 college savings plan? How do they work? What do you need to know about them and what changes should you know about? A…
Gen Z Social Finance App
Half social media, half personal finance, Frich is a new social finance app that blends both together. It relies on user-generated survey data to generate reports about how young people spend and…
Daily Broad Market Recap – September 11, 2024
The major assets were all over the place on Wednesday as traders priced in their Fed rate cut biases, U.S. political updates, and top-tier reports from the U.K. and the U.S. In…
Hotter U.S. Core Inflation Reduced The Odds Of A 50bps Fed Rate Cut
Data from the U.S. Bureau of Labor Statistics showed the U.S. headline inflation clocking in at 0.2% m/m in August, the same as July’s rates and analysts’ estimates. The annual headline inflation…
FX Watch: Can The U.K.’s Jobs Data Push GBP/AUD Back To Its August Highs?
Can this week’s U.K. jobs reports extend GBP/AUD’s September uptrend? We’re looking at a potential break-and-retest scenario ahead of this week’s market movers. Check out our 1-hour setup! This Article Is For…