The Latest Debt & Finance Blog

Amazon Logo

Amazon Begins Lending to Its Sellers

By Bill Fay | October 9, 2012

Amazon.com, Inc., the international electronic commerce giant with a cheerful smile logo, is giving many retailers another reason to grin this holiday season as they extend participation in a new short-term…

Unemployment dips

Unemployment Dips Below 8 Percent, Giving Obama a Big Boost

By Katherine Pilnick | October 6, 2012

The economy and President Barack Obama received some good news Friday, as the unemployment rate dipped below the 8 percent mark for the first time during Obama’s presidency. According to…

No Interest

Zero-Interest Credit Cards Making a Comeback

By Bill Fay | October 5, 2012

A sign that the economy is inching back to normal, or a warning that banks are looking for new ways to squeeze money out of consumers? Either way, zero-interest credit…

Presidential debate

Obama, Romney Tackle Tax Code, Small Businesses, Student Loans

By Bill Fay | October 4, 2012

President Barack Obama and Republican nominee Mitt Romney squared off Wednesday night in the first of three televised presidential debates. Although many voters have already made up their minds, political…

Hospital Sign

New Medicare Mandate Aims to Cut Costs But Could Affect Treatment

By Bill Fay | October 3, 2012

Admission procedures may run a little differently at your local hospital beginning this week. October 1 marked the launch of a key provision of the ObamaCare law that could create…

Presidential campaign

Americans Await Financial Updates from Obama, Romney

By Bill Fay | October 2, 2012

When Republican presidential candidate Mitt Romney and President Barack Obama square off in Colorado on Wednesday during the first presidential debate, Americans will be waiting for an answer to a…

Middle Class Family Saving

Report: Middle Class Loses Ground but Likes Its Financial Savvy

By Bill Fay | October 1, 2012

A member of the middle class in America can make as little as $30,000 or as much as $100,000, depending on whom you believe, but one defining characteristic isn’t so…

Boehner-Bush-Pelosi-debt

Why Democrats and Republicans Are Both to Blame for National Debt

By Bill Fay | October 1, 2012

Since the Great Depression, Democrats and Republicans have defined themselves as the new version of Santa Claus. Saint Nick brings wonderful things to children for free. There’s no cost. When…

retiree-doing-taxes-image

Retirement Now More Scary than Death

By Bill Fay | September 27, 2012

More and more older Americans are reaching retirement age without enough money to survive in the way they would prefer, according to multiple surveys and studies. Is there anything Congress can do? Or, rather, is there any Congress will do?

Home Sale Statistics Improve

Home Sales Rise to Two-Year High

By Bill Fay | September 27, 2012

Just when economists were prepared to report on the dismal state of the American real estate market for another quarter, new statistics revealed a much brighter account. Existing home sales…

Sources:

  1. Barr, A. (2012, September 27). Amazon offering loans to its online sellers. Retrieved from http://in.reuters.com/article/2012/09/27/net-us-amazon-lending-idINBRE88Q1CC20120927
  2. Duryee, T. (2012, September 28). Amazon Quietly Jumps Into Another Business: Lending Money to Sellers. Retrieved from http://allthingsd.com/20120928/amazon-quietly-jumps-into-another-business-lending-money-to-sellers/
  3. Needleman, S. & Bensinger, G. (2012, October 4). Small Businesses Are Finding An Unlikely Banker: Amazon. Retrieved from http://online.wsj.com/article/SB10000872396390443493304578034103049644978.html?mod=WSJ_WSJ_US_News_5
  4. ChannelAdvisor. (2012, September 27). Amazon Lending - Amazon starts loaning capital to sellers to help them scale. Retrieved from http://www.amazonstrategies.com/2012/09/amazon-lending-amazon-starts-loaning-capital-to-sellers-to-help-them-scale.html