foreign

What if foreigners quit lending the US so much money?

Posted 5 weeks 3 days ago by Philip Brewer

One of the bugaboos of the financial doom-and-gloom crowd is the worry that foreigners (China in particular, but also oil exporting countries in the Middle-East, and others) might quit buying so many US Treasury securities. If that happened, they say, the value of the dollar would plummet, interest rates would soar, and the US economy would be in terrible trouble. I say: Bring it on!

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Foreign exchange class action settlement

Posted 12 weeks 2 days ago by Philip Brewer

Personal Finance

Did you travel overseas between 1996 and 2006? Or, did you charge anything on a credit or debit card in a foreign currency? If so, be sure to claim your share of a class action settlement over allegations that credit card companies conspired to set and conceal the fees they charged for foreign transactions.

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