December’s labor statistics were released this month, finishing off 2013 with an unemployment rate of 6.7%, the lowest since before the financial crisis of 2008 that rocked the economy into a long and painful recession. Now, almost six years later, many are ready to finally believe America is back...
In this follow-up interview, Phil Cannella speaks with former Federal Reserve finance manager, Andrew Huszar, on how investors should react to the Fed tapering QE3 to $75 billion per month. Andrew Huszar is a Senior Fellow at Rutgers Business School. Follow Professor Huszar on Twitter: @andrewhuszar
Phil Cannella interviews former Federal Reserve finance manager, Andrew Huszar, on why he, after becoming an integral part of the creation of Quantitative Easing, wrote an Op-Ed in The Wall Street Journal that began with the words, "I can only say: I'm sorry, America." Andrew Huszar is a Senior Fellow...
This week, France set a precedent for governments around the globe when it approved a new law that will levy a 75% tax on French companies that are paying employees €1 million or more in annual salaries. The new tax is widely understood to be symbolic, as a message...
For many, Jim Cramer is just another familiar face that you have seen in the media. Because of this, we recognize him as someone carrying a reputation as an expert on the complex subject of investment finances. It is because of his public persona that the general public tends to...
Phil Cannella interviews best-selling author and renowned economic forecaster, Harry Dent on what he predicts for 2014.
A new bill was passed in the House this month that aimed at preventing Federal regulators from establishing new rules on Wall Street to increase accountability on the professionals that manage retirement savings. The bill, titled the Retail Investor Protection Act, was created in response to the Department of Labor(DOL)’s...
With the baby boom generation approaching retirement, more people than ever are concerned that they will be unable to retire comfortably at age 65.  A Retirement Confidence Survey (RCS), conducted by the Employee Benefits Research Institute (EBRI), reflected American workers’ dwindling hopes to retire and maintain their current standard...
It makes sense for a credit card company to base a card holder’s financial responsibility on their ability to make payments in a timely fashion. By keeping up with payments, credit card holders were once certain to keep a good, stable credit score. With the struggling economy, however, credit...
What is a Money Market Account? A money market account works a lot like a traditional savings account, with a few restrictions.  Banks and Credit Unions offer these accounts to give themselves more freedom to use your money in exchange for a higher interest rate.  So while a typical savings...