Top Finance Blog

On Thursday, the “Pay czar” of the United States (I didn’t even know we had such a thing) decided to slash the salaries of those bank executives from banks that the administration gave bailouts to. These slashes were drastic, and were in response to bonuses that had to be paid out to brokers who, somehow, [...]

There was a news story that came out last week stating that legislation was introduced to allow merchants and vendors to negotiate directly with Visa, Mastercard, and others, instead of having to go through the banks, thereby possibly being able to save a lot of money on credit card fees. The measure is called the [...]