The US fiscal health is at higher risk after the election of Republican Donald Trump as the next president and given the likely composition of Congress, said rating agency Moody’s. US budget deficits and government debt levels were largely projected to surge under either candidate in the Nov. 5 election, according to several estimates, although Democrat Kamala Harris was … Read more
Lois, an 83-year-old San Francisco Bay Area resident, recently lost $50,000 in a sophisticated cryptocurrency scam after falling victim to a “grandson in trouble” ruse. Lois, returning home late on a Friday evening, received a frantic call from a man claiming to have her grandson, stating that he was in trouble. Moments later, another voice, … Read more
National Public Data (NPD) sources personally identifiable data from public and court records as well as other repositories to provide online background checks and fraud prevention services. The company confirmed several weeks ago that it suffered a data breach involving 2.9 billion records dating back at least three decades. According to a class action lawsuit … Read more
Photo: Justin Sullivan / Staff (Getty Images) With an average transaction price of nearly $50,000, it’s no secret that new cars are basically just for rich people now. You can’t even buy a single new car for less than $20,000. If wages had kept up with the rising cost of a new car, that wouldn’t … Read more
A married couple in their early 40s, living in the Bronx, New York, has found themselves in a financial bind despite earning a combined annual income of nearly $175,000. The couple, who have a 9-year-old daughter and a puppy, struggle to make ends meet with no assets and a paltry $200 in savings. Despite a … Read more
Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more
Canada’s privacy commissioner has launched an investigation into a cybersecurity breach at Ticketmaster after an attack by a hacker group compromised the personal information of millions of customers around the world. “The investigation will allow us to understand why this cyber incident happened and what must be done to address this situation and prevent it from happening again,” Privacy … Read more
In his book Die With Zero, former Wall Street trader Bill Perkins explains how he plans to spend his entire wealth before passing away without leaving anything to his two children as an inheritance. He believes giving money to children earlier, when they need it, instead of passing on wealth until they are older, has … Read more
Ticketmaster is notifying customers about a “data security incident” that may have leaked their personal information. The ticket-selling company wrote in an email to customers Monday that it recently discovered an “unauthorized third party” obtained information from a cloud database hosted by a third-party company between April 2 and May 18. The information “may have included … Read more
Opinions expressed by Entrepreneur contributors are their own. Back in the 1970s, the use of credit cards by consumers was an emerging phenomenon, one that would ultimately fuel the growth of the U.S. economy to unprecedented heights. The use of credit cards by entrepreneurs, by contrast, didn’t even exist. Except in my world. I was … Read more
