How to Understand Banker Speak

Have you ever noticed that once you start talking to a professional about your business’s financing options that you immediately get lost in a sea of confusing terms and phrases? Dealing with a banker or any finance professional can leave you feeling as if you need a dictionary that can translate English to banker for…

How To Get Great Rates Through HARP 2.0

HARP (Home Affordable Refinance Program) has served as a great financial relief tool for 2.5 million American households since its launch in 2009. Though many feared that Congress would let the program lapse, HARP 2.0 was extended through 2015 and has provided refinance relief to nearly 80,000 households in 2013.Eligibility RequirementsThough HARP has been helping…

How to Save Money for Your First Home

No matter your age or financial situation, saving to purchase a home can be difficult. For first-time homebuyers, it can be especially daunting, especially for younger buyers who may still be scraping by from paycheck to paycheck. But once you have your mind set on purchasing a home, there are a number of steps to…

Bundesbank cuts Germany’s growth outlook

Following the central bank’s monthly report, the Bundesbank has downgraded growth forecasts in Germany for both this and next year. However, the institution suggests a recovery for the euro area may well be on the horizon, having recorded a rise in business confidence in May. Bundesbank cut its December projections for 2013 from 0.4 to…

College Fund Alters Longtime Slogan

The United Negro College Fund’s slogan since 1972, “A mind is a terrible thing to waste” was changed for the first time this week as the College Fund teamed up with Y&R advertising agency. The new slogan will read, “A mind is a terrible thing to waste, but a wonderful thing to invest in.” This…

How to know if your forex broker is protecting your account balan

Over the past ten years, investors have willingly expanded their investment horizons, aided by the Internet, sophisticated software order execution platforms, and a creative brokerage community that has expanded, as well, to meet the overflowing demand. Stocks and bonds are no longer the only items favored by today’s modern investor.Currencies, commodities, overseas offerings, and futures…

Recovery “alarmingly uneven”

At the recent IMF Spring Meetings, experts highlighted the discrepancies in the growth rates of countries around the world. PwC, who six months ago coined the term “two-speed economy”, has revised its analysis to include a third speed lane. “Whilst the eurozone continues to focus on crisis management and Japan puts the finishing touches to…

Hedging emerging market currency risk

Emerging market currency exposure is becoming more important to investors and corporations alike. In the post-crisis world, emerging market regions have been seen as an investment alternative to the troubled G10. An environment of extremely low yields in developed markets has made the higher yields available in emerging markets more attractive – particularly as the…