Americans Missing Car Payments Is a Symptom of a Much Bigger Problem
By Robert Ross Transportation is a big issue in most of the US. It’s so big that for the majority of Americans having a car is a matter of survival. … Read more
payments
PayPal CEO predicts digital payments industry will mature into a $100 trillion market
Paypal CEO: Shouldn’t expect Venmo to be profitable in next one, two quarters from CNBC. www.cnbc.com/2019/02/19/digital-payments-could-grow-into-a-100-trillion-market-paypal-ceo.html We live in the space of digital commerce and digital commerce is exploding still … Read more
Will ‘basic income’ become the California norm? Town starts $500 no-strings payments…
After months of planning, Stockton is sending debit cards loaded with $500 to a select group of residents starting Friday as part of a closely watched experiment in universal basic income, … Read more
BOOMBUST: Record 7 million are 90 days late on car payments
via seattletimes: A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during … Read more
It’s STARTING: A Grocery Store in Indiana SAYS They Can’t Process Food Stamp Payments Due to Govt. Shutdown
by Daisy Luther We weren’t expecting to see a loss of food stamp benefits until the end of January, but a grocery store in Indiana reported they are unable to … Read more
Interest payments about to skyrocket
via CBS NEWS: The Fed’s interest rate hikes are doing more than hitting consumers in the credit cards. They’re also making it much more expensive for the U.S. to carry its … Read more
ECB Just Launched “Better Than Blockchain” Instant Payments System
But will the big banks play along? By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Friday the ECB launched, with minimal fanfare, a brand new system aimed at enabling … Read more
Court documents show Fusion GPS made payments to three journalists between 6/16 and 2/17
Newly filed court documents confirm that Fusion GPS, the company mostly responsible for the controversial “Trump dossier” on presidential candidate Donald Trump, made payments to three journalists between June 2016 … Read more
Trade, New home sales, Federal interest payments
by WARREN MOSLER Trade deficit still increasing: Highlights The goods portion of October’s trade deficit is deeper than expected, at $77.2 billion vs expectations for $76.9 billion and compared with … Read more
Veterans Waiting On Delayed GI Bill Payments Get Trump Transparency & Change
by Thinker What is the message the POTUS is sending out to those who choose to sit in positions of leadership, power, and control??? You “WILL” be held accountable for … Read more
Deficits Do Matter: Debt Interest Payments Will Consume Trillions Of Dollars In Coming Years
by Ryan McMaken via Mises Wire Interest on the national debt is quickly becoming one of the largest expenses in the national budget. Based on projections from the OMB, it now appears that … Read more
Understanding Prices vs Mortgage Payments, Wells Fargo Fine & More
from Jason Hartman’s Creating Wealth Jason Hartman discusses some key aspects for real estate investors. One of the most important, and most visible, components of investing is interest rates, and there … Read more
U.S. Debt So High Interest Payments Are Forming a “Black Hole”
From Birch Gold Group No surprise to anyone, the United States is in debt. Of the last 64 years, the U.S. has run a budget deficit for 62 of them. According … Read more
Cryptocurrency Could be a Viable Means of Facilitating Payments if We Fix Volatility
Cryptocurrencies are here to stay – the crypto markets have survived criticism, skepticism, vilification, and outright criminalization from traditional financial institutions and governments. There are more than 1,800 coins, tokens, … Read more
FBI Releases Redacted Documents SHOWING AGENCY PAYMENTS to Dossier Author Christopher Steele
On Friday, the FBI released 70 pages of HEAVILY REDACTED documents on dossier author Christopher Steele thanks to a FOIA lawsuit filed by Judicial Watch. Nearly every single page was … Read more
Uber and Uber Eats to Accept Venmo for Payments
Two popular mobile services are moving closer together. Ride hailing service Uber said on Thursday that it was adding an option in its apps for customers to pay directly with … Read more