SuperMoney Team
articles from SuperMoney
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TurboTax vs. H&R Block: Which Tax Prep Software Is Best?
Published 03/01/2024 by SuperMoney Team
TurboTax and H&R Block are both popular choices for tax preparation, offering user-friendly experiences and affordable filing options. This comparison delves into the comparison between TurboTax and H&R Block and examines their features, costs, and user-friendliness to help you decide which tax software suits your needs best.
MBNA Veteran Rhodes Named New Discover CEO
Published 03/01/2024 by SuperMoney Team
Michael Rhodes, a seasoned banking executive and former MBNA leader, has been appointed as the new CEO of Discover Bank, bringing a wealth of global financial experience to the role.
Trio Of Top Executives Exit Chime
Published 03/01/2024 by SuperMoney Team
Chime, the popular fintech company, faces a significant shakeup as three key executives depart. This development could have far-reaching implications for the company’s future direction and the broader financial technology industry.
Hometap Launches New Digital Platform To Help Americans Take Control Of Their Largest Asset
Published 03/01/2024 by SuperMoney Team
Hometap has introduced an innovative digital platform to empower Americans in safeguarding, enhancing, and managing their most valuable asset, their homes.
Fed’s Favorite Inflation Metric Sees Largest Annual Increase in a Year
Published 03/01/2024 by SuperMoney Team
In January 2024, the U.S. inflation landscape presented a mixed bag: while the Federal Reserve’s preferred annual inflation measure showed signs of moderation, monthly core inflation accelerated, marking the complexities in the path to economic stability.
Citibank Execs Introduce Bitcoin Depositary Receipts
Published 03/01/2024 by SuperMoney Team
The Bitcoin Depositary Receipts (BDRs) introduced by former Citigroup executives mark a pivotal moment in cryptocurrency investment, offering direct Bitcoin ownership to institutional investors without requiring SEC registration.
Fountain Hills Mom Battles Banking App ‘Chime’ Over Fraudulent Charges
Published 03/01/2024 by SuperMoney Team
A Fountain Hills mom finds herself in a challenging battle with the Chime app after facing fraudulent charges, shedding light on the importance of robust security measures in the digital banking sphere.
Do Homebuyers Really Have The Upper Hand in 2024?
Published 02/29/2024 by SuperMoney Team
The past few years have been tough for homebuyers, marked by rising home prices, scarce inventory, and climbing mortgage rates. However, 2024 is shaping up to potentially offer a more favorable environment for purchasing a home, with expectations of lower mortgage rates, moderated home price increases, and a boost in housing inventory. While challenges remain, particularly for sellers hesitant to enter the market due to low mortgage rates, the overall outlook for 2024 hints at a more accessible and less frustrating housing market for buyers.
These Banks Have Already Embraced Using FedNow
Published 02/29/2024 by SuperMoney Team
FedNow, the Federal Reserve’s latest instant payment service, marks a significant advancement in the financial sector by enabling instant transactions across participating banks and credit unions. This service, which is not a direct competitor to apps like PayPal or Venmo but rather a complementary offering, aims to make funds instantly available, enhancing the efficiency of financial transactions. Despite its potential, adoption among financial institutions is gradual, with a notable portion of banks, especially larger and online ones, yet to participate.
When Do Student Loan Payments Start Again?
Published 02/29/2024 by SuperMoney Team
The end of the federal student loan payment pause marks a significant transition for borrowers, with resumed payments and accruing interest from September 2023. Amidst this shift, President Biden proposes a new plan for student loan forgiveness, targeting a broader range of borrowers and aiming to alleviate the financial burden for those facing hardships. This proposal, however, faces potential legal challenges and uncertainties, highlighting the ongoing debate and efforts to reform student loan repayment and forgiveness.