When France elected Emmanuel Macron in May, the prospects of mending the euro’s inherent flaws suddenly brightened. Adopted in 1999, the common European currency was intended as a political project to foster unity, but the crisis in Greece a decade later exposed the euro’s inability to enforce shared rules, principally on government debt and spending.

SoundCloud has just closed the necessary funding round to keep the struggling music service afloat.

A lot of people are overjoyed to cross the $100,000 threshold in annual income. And they should be — a six-figure salary is nothing to sneeze at. But as income inequality in the US continues to worsen, a $100,000 salary creeps ever-closer to being an upper-middle-class income, not a sure sign of wealth. In fact, according to a Business Insider analysis of US Census data, the $100,000 distinction isn't enough to put anyone, at any age for which there is reliable data, in the top 1% of personal incomes.

When all job differences are accounted for, the pay gap almost disappears

Inspired by Iceland’s progress, activists in Switzerland are now making an important stand against the banking cartels and have successfully petitioned to bring an initiative to public referendum that would attack the private banks where it matters most: their power to lend money they don’t actually have, and to create money out of thin air. (May 22, 2017)

Dear Floyd Mayweather: While perusing Facebook, I chanced across your post drumming up interest in the upcoming Stox initial coin offering (ICO). I understand your motivations in wanting to diversify your portfolio of investments, but I caution that your actions are reckless and potentially financially damaging to you and your fans.

Regulators are scrutinizing hundreds of millions in loans and a subpoena from Robert Mueller is expected.

While Russiagate rages, the bitter fight over the future of the real estate market continues. By Matt Taibbi.

The bank became notorious last year for creating fake accounts on behalf of customers. Now it's trying to kill a class-action lawsuit over shady debit card fees. Wells Fargo became a poster child for corporations that abuse their own customers last year when it got fined for ginning up roughly 2 million (maybe even more) fake accounts to meet high sales goals. The bank has since tried to block customer lawsuits over that misconduct, using fine print buried in contracts known as the forced arbitration clauses, which force customers to go not before judges but a secretive non-judicial process to get relief.

That’s enough to cover the annual cost of attending Harvard University and still have plenty left over for pizza and beer.

EpiPen maker Mylan is racing to put down a revolt from shareholders outraged by a $98 million pay package for its former CEO.

Blue Apron sends you the ingredients to help you cook delicious meals, but some investors are considering its shares unsavory.

Plastc launched in 2014 with the promise of shipping a single card that could digitally hold 20 credit or debit cards that a user could switch between.

Soylent, a substance, is about to be everywhere. A team of queasy venture capitalists just invested $50 million into the company. This, despite the fact that Soylent is perhaps best known for lying about its ingredients and giving people fits of relentless vomiting and uncontrollable diarrhea.

Snap Inc. missed Wall Street expectations for its first quarterly earnings as a public company on Wednesday, sending its shares plunging more than 20%.

Tax cuts are great when they are actually tax cuts. In a system with a central bank, though, tax cuts are never tax cuts if there are no spending cuts to accompany them. This is because tax cuts without spending cuts simply mean more deficit spending. 

People who use “God” and “promise” are more likely to default. By Seth Stephens-Davidowitz.

Student loan defaults are a bonanza for the debt collection industry.

Arconic, the industrial materials company that spun off Alcoa, has been treated with kid gloves by big asset managers. Thursday’s annual meeting could change things. By Gretchen Morgenson.

Steven Clifford knows—for over 20 years, he helped craft some extremely generous executive-compensation packages.

Network Ten has entered voluntary administration after the network said its directors "had no choice but to appoint administrators."

Are you taking full advantage of your debit card?

Court filings detail how the Industrial and Commercial Bank of China allegedly helped launder hundreds of millions of euros for Chinese traders in Spain.

If you want to understand the relationship between financial markets and innovation, consider the story of how the Beatles helped revolutionise medical imaging.

Warren Buffett has donated $2.9 billion worth of stock to five charities on Wednesday, an official filing has shown.

The French philosopher outsmarts the lottery. By Roger Pearson.

It’s 40 years ago and a fraudster goes into your local bank branch. He forges your signature and makes a withdrawal from your account. When you discover the crime and report it to the bank, your account is naturally refunded at once. It’s the bank’s problem. It’s also the bank’s fault, you’d probably say. Today, much has changed. It’s still the bank’s job to safeguard clients’ money. But because we access our cash and accounts in so many different ways, and can transact so much more quickly, the issue of who carries the risk of fraud has become blurred.

The self-empowerment blogger and author of 16 books, including the Amazon best seller “Choose Yourself,” is an unlikely role model. By Alex Williams.

An HSBC and Bank of America Merrill Lynch venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance processes. The two banks said they had joined with the Infocomm Development Authority of Singapore to emulate a letter of credit (LOC) transaction. Letters of credit are one of the most widely used ways to reduce risk between importers and exporters, helping guarantee more than $2 trillion worth of transactions, but the process creates a large paper trail and is time consuming.

When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far.

Banks, governments, credit card companies and fintech evangelists all want us to believe our cashless future is inevitable and good. But this isn't a frictionless utopia says Brett Scott, and it's time to fight back​. Several months ago I stayed in an offbeat Amsterdam hotel that brewed its own beer but refused to accept cash for it. Instead, they forced me to use the Visa payment card network to get my UK bank to transfer €4 to their Dutch bank via the elaborate international correspondent banking system.

If you knew where to look inside the loan company, things were worse than anybody realized. By Max Chafkin and Noah Buhayar.

Many teachers find themselves in the low- to middle-income part of the economy, and companies like MyPaycheckDirect aim to take advantage of that. By Suzanne McGee.

Thomas Piketty said that capitalism's primary beneficiaries aren't those who make amazing things that improve the world -- rather, it favors those who have a lot of money to begin with.

Poland’s escalating political crisis threatens to impair investment spending and economic development, Moody’s Investors Service said two weeks before its scheduled review of the sovereign rating for the eastern European nation.