Finance

Can you survive without a bank? Many hard-pressed consumers may now be asking this after millions of RBS and NatWest customers were stranded without access to their own money – thanks to a catastrophic computer meltdown – and Barclays was fined £290m for manipulating interest rates to boost its own …

At Barclays headquarters in the City, the bank on Friday revealed billions in profits and hundreds of millions in bonuses to be shared among an elite pool of traders and directors. But down at ground level – and a world away from the marble and glass of the executive suites – there …

After being dragged kicking and screaming to hold an inquiry into misconduct in Australia’s financial industry, the government is now jumping aboard the bank-bashing bandwagon as public anger at evidence of wrongdoing escalates. Among the more shocking revelations this week, the inquiry heard AMP Ltd. deliberately misled regulators over charging customers for services they didn’t receive, …

The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian man’s $27 investment turned into a forgotten $886,000 windfall. Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about …

One of the main issues with bitcoin from a mainstream adoption perspective is price volatility, but a man in California recently benefited from short-term bitcoin price volatility in a major way. In a recent interview with Bloomberg Markets, Bitpay CCO Sonny Singhtold the story of how the bitcoin payment processor helped a man purchase a …

It seems too easy to be true that you could make millions by raiding the clearance aisle at your local Walmart or Target and then selling your haul on Amazon. But that’s exactly what 28-year-old Ryan Grant is doing. Only four years after quitting his accounting job in Minneapolis, Minn., …

So you need a way to make money from home. Hey, join the crowd. Nearly 4 million Americans are working from home these days. That’s more than the population of Oregon, Utah or Iowa. In other words, there’s an invisible army of us clocking in and sitting down at our keyboards at …