Financial News
Bitcoin falls below $24,000
Bitcoin drops 14%, falling below $24,000 as $200 billion was wiped off the crypto market over the weekend
President Upset Over Media’s Lack Of Reporting National Debt Drop
U.S. President Donald Trump used Twitter Saturday morning to say the media is being biased in his news – failing to report the good news about the decrease in the National Debt during his first month in office.
Wells Fargo Warns Of More Potential Scandal Victims
In a regulatory filing, Wells Fargo & Co said there might be more bank customers who were affected by the phony accounts scandal than once thought.
SoundCloud Offers New $4.99 Subscription Plan
$4.99 – that’s how much SoundCloud is offering for its mid-priced subscription plan. $5 cheaper than both Apple and Spotify’s $9.99 offers.
It May Be Time To Get A New Credit Card
According to a CreditCards.com survey, the majority of people are not changing their credit, even though credit card companies are hoping consumers will get the latest offerings.
Average Student Loan Debt Total Is More Than Credit Card Debt Average
U.S. student loan debt is rising, and it’s surpassed the amount of credit card debt Americans owe.
U.S Auto Loan Industry Show Signs Of Potential Financial Problems
Just one-quarter of outstanding car loans were given out to subprime borrowers – the ones that have the most difficulty.
Federal Government To Write Off $178M Worth Of Student Loan Debt
The federal government will be writing off $178.4 million worth of student loans – the second year for write-offs.
Arby’s Cash Registers Found To Have Malware; More Than 350,000 Credit/Debit Cards Affected
The cash registers at Arby’s fast food restaurants were found to have malware, and the breach may have affected over 355,000 debit and credit cards.
Fannie Mae Changes Mortgage Underwriting Software; May Affect How Loans Are Approved
For people who’ve been making their minimum required amounts on their credit card debt, it may no longer be enough for Fannie Mae.
