Financial News

Financial Symbols on Tech Screen`

One Important Number in Financial World Will Disappear Soon

There are obviously a lot of numbers that are considered important in the world of finance. But you could make the argument that none is more important than the London Interbank Offered Rate, better known as “LIBOR”. Since LIBOR was first introduced back in the 1980s by the British Bankers’ Association, lenders around the world… Read more »

Person Paying with Credit Card on Phone`

Federal Reserve Study Reveals Increase in Card and Electronic Payments

As of a few decades ago, Americans paid for just about everything with cash or check. Every now and then, a consumer would use a credit card to make a major purchase but for the most part, they relied on cash or checks to pay mortgages, utility bills, groceries, and more. The rapid pace of… Read more »