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Feb 10

Sochi 2014 Olympics: What Were They Thinking?

If it seemed crazy to hold the 2014 Winter Olympics in an area that has a sub-tropical climate and known insurgent groups nearby, then wait until you read about the outrageous and over-the-top costs of setting up the Olympics in Sochi. The price tag for setting up the Sochi Games in Russia is the highest

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Legalizing Marijuana: Colorado Cashes In, But Will Face Setbacks
Jan 13

Legalizing Marijuana: Colorado Cashes In, But Will Face Setbacks

After Colorado became the first state to sell legal marijuana, there has been a surge of interest from Americans about purchasing the substance. A CNN poll found that over 50 percent of Americans are now in favor of legalizing marijuana.

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Is Performance-Based Pay Necessary for College Presidents?
Jan 12

Is Performance-Based Pay Necessary for College Presidents?

College presidents earn a median salary of $250,442. Did you know that their base salary only accounts for a portion of their earnings, and that many earn incentive pay that sometimes doubles their pay?

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Will the Minimum Wage Increase Help Americans?
Jan 07

Will the Minimum Wage Increase Help Americans?

On Jan. 1 the minimum wage was raised in 13 states. States such as Connecticut, New Jersey, and Rhode Island all saw their minimum wage increase — some experienced more than others. But is the recent wage increase enough to help struggling Americans move towards financial security?

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Will JPMorgan’s Patent of Bitcoin-Like Payment System Work?
Jan 02

Will JPMorgan’s Patent of Bitcoin-Like Payment System Work?

JPMorgan recently patented a payment system that is supposed to be very similar to Bitcoin, which is the digital currency that has caught a lot of buzz in recent years.

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Free Checking Doesn’t Always Mean More Customers Will Sign Up
Dec 24

Free Checking Doesn’t Always Mean More Customers Will Sign Up

A recently published article by a member of the Federal Reserve Bank of Kansas City noted that there was an overall increase in the access to free checking accounts following the 2011 debit interchange fee regulation. Despite the increased availability of free checking, however, it doesn’t translate to more use of free checking by U.S.

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My Experience With Customer Service Reps at Different Banks
Dec 10

My Experience With Customer Service Reps at Different Banks

What do you think about your bank’s customer service? Are you satisfied with how your bank responds to your questions and needs? Working as a writer for MyBankTracker.com, I often need to contact customer service at various banks whenever I need specific questions answered.

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How to Feel Like You Have More Money
Nov 25

How to Feel Like You Have More Money

Is the financial grass always greener on the other side?

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Coin: A Pricey, Temporary Bridge to Mobile Wallets
Nov 22

Coin: A Pricey, Temporary Bridge to Mobile Wallets

The past week consisted of a constant barrage of announcements from outfits that aim to revolutionize consumer payments. There was the nationwide launch of Isis and the introduction of the Google Wallet Card. However, the one product launch that appeared to garner the most chatter was Coin, a card that aims to replace all your

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Lower Fed Unemployment-Rate Target Could Delay Rate Hikes
Nov 14

Lower Fed Unemployment-Rate Target Could Delay Rate Hikes

For the past year, I’ve been keeping a close eye on the unemployment rate because it is the key economic indicator of when the Federal Reserve will raise interest rates, which will ultimately affect the rates offered by deposit accounts. Like all the savers out there, I’m eagerly awaiting the day when my savings account

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