The Federal Reserve is considering a novel approach to integrate fintech and crypto firms into its payment systems. This move, aimed at fostering innovation, involves creating limited-access accounts, dubbed "skinny accounts. " These accounts would allow non-bank financial institutions to settle tra
Maine's counties have a lot of money, but no one is keeping track of it. This is not a small issue. It's a big problem that has been ignored for too long. Washington County is a clear example. They are missing $11 million. This is not pocket change. Other counties are in the same boat. The money wa
The US economy showed strong growth in the third quarter of 2025, with GDP rising at an annual rate of 4. 3%. This growth was driven by increased consumer spending, exports, and government spending, though it was partially offset by a decrease in investment. The growth rate exceeded expectations, wh
The US economy showed surprising strength in the third quarter. It grew at a faster rate than expected. This was a big jump from the second quarter. The Commerce Department shared this news. They said the economy grew by 4. 3%. That's higher than the 3. 8% seen earlier. People spent more money. Thi
European markets are on a roll, hitting new highs. The Stoxx 600, DAX, and CAC 40 indexes have all seen significant gains. This year alone, the Stoxx 600 has climbed 14% higher. With just a week left, it's looking like it will be the third year in a row of growth. Investors are keeping a close eye
This holiday season, people in the U. S. kept spending money, even though the economy wasn't doing great. They spent 4. 2% more than last year, especially on tech gadgets and clothes. Most of this spending happened in physical stores, but online shopping grew the fastest, with a 7. 8% increase. This
Wall Street isn't just for finance graduates. Some of its rising stars come from unexpected backgrounds, blending diverse experiences into successful careers. Take Lamar Cardinez, for example. He once dreamed of playing pro football. When that didn't pan out, he stayed close to sports, interning at
This holiday season, people are spending big on experiences and practical items rather than just traditional gifts. From December 1 to December 22, there was a huge increase in spending on entertainment, experiences, and automotive products. Entertainment spending jumped by 130%, experiences by 115%
Micron Technology, a major player in the semiconductor industry, has caught the eye of investors due to its potential for significant earnings growth by 2026. The company's stock has become more affordable, making it an attractive option for those looking to invest in the tech sector. Micron specia
During the holiday season, finance experts often find themselves in a tricky spot. While everyone else is enjoying time with family, these professionals are often bombarded with questions about stock picks and market predictions. It's a common scenario that many of them dread. The stock market is a
