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21 Mar 2019

Online Banking Becoming More Popular at the Expense of Traditional Banks

      Online banks that work directly with customers, as opposed to traditional branch banks, are becoming more popular among younger depositors, according to a new JD Power Survey. The survey found that “direct banks continue to significantly outperform traditional retail banks in overall customer satisfaction.” The survey found

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20 Mar 2019

Actively Managed Mutual Funds Still Underperform Index Funds

      If you are one of the millions of investors who think they are getting more benefits by hiring a fund manager who trades in and out of the markets in the hope of beating a passive index, you are probably wasting your money. In numerous academic and

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14 Mar 2019

Trump’s Capitalism Goes on Trial—Part 2

  In a single week in March 2019, Americans were treated to an unprecedented college admission bribery scandal, the lenient sentencing of Trump’s campaign manager on tax evasion, and Republican plans to cut the pensions of thousands of federal employees, accompanied by proposed decreases in Medicare and Medicaid budgets. These

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07 Mar 2019

U.S Chamber of Commerce Sees National Political Mood Shifting—Asks Congress to “Govern from the Center”

        In a dramatic departure from its past, the nation’s most reactionary, conservative and largest business lobbying group is responding to changes in Washington and calling on Congress to work together and “govern from the center.” In an NPR radio interview today, the chairman of the U.S.

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06 Mar 2019

Wall Street’s Shady Financial Activities Still Continue

      Some of the biggest financial institutions and trading firms on Wall Street are incorrigible. A decade after the 2008 market crash, some of Wall Street’s largest trading firms continue to operate in the shadows, manipulate markets and re-write the rules of swaps payments when they have the

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03 Mar 2019

The Shanda Problem and the Republicans

            A recent opinion piece in the Boston Globe elicited many responses in the Jewish community for its assertion that many Jews involved in the alt-right are willing participants in spreading white nationalist, and even anti-Semitic propaganda, even if they claim they are not aware

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