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What you need to know about reverse mortgages ... and their new rules

Sep 29, 2017
These mortgages let seniors take out loans, using their homes as security.
The reflection of blue skies and palm trees are seen in the window of a Countrywide banking and home loans location offering reverse mortgages in Sun City, Arizona.
RICHARD A. BROOKS/AFP/Getty Images

Why is Wall Street losing black executives?

Jul 28, 2017
Some of the biggest U.S. banks are losing diversity, falling behind the rest of corporate America.

Sweden is moving away from cash, and some businesses will no longer accept it

Jul 17, 2017
Sweden is increasingly becoming a cashless society, but there are those who worry this trend will leave some people behind.
Cash in Sweden is on the way out. 
John Laurenson

Millennials of color are worse off financially

Financially secure white millennials feel held back.
Millennials of color are less like to own a credit card.
Justin Sullivan/Getty Images

How to prevent a financial crisis

Jun 22, 2017
All of the major banks are expected to pass Federal Reserve stress testing this year.

Fewer couples have joint bank accounts. Why?

May 15, 2017
About 22 million Americans who are either married or living together keep separate bank accounts. That’s according to a recent survey by the personal finance site Bankrate.com. It also found that younger couples are more likely to keep their money separate. Click the audio player above to hear the full story.

The Bank Black movement gains traction

Apr 20, 2017
Since July, people have moved about $60 million to these institutions.
Since July 2016, advocates estimate people have moved more than $60 million to black banks. Above, a picture of the black-owned OneUnited Bank.
John Phelan/Wikimedia Commons

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Millennials teach credit card companies a few lessons

Apr 19, 2017
The younger consumers want different deals than their parents did. They also don't like to carry debt.
Joe Raedle/Getty Images

Just how much bank did the big banks make in the first quarter? Wall Street is about to find out

Apr 14, 2017
The big banks will start rolling out their first-quarter earnings reports today and expectations are high. But Wall Street will also be looking for clues to a lending mystery: why aren’t banks doing more of it?  Click the audio player above to hear the full story.

Wells Fargo claws back $75 million from top execs in sales scandal

Apr 11, 2017
Problems with Wells Fargo's sales culture dates back at least 15 years, according to a recent investigation.
Justin Sullivan/Getty Images