If you’re curious about trendy blockchain and cryptocurrency, yet don’t know where to start, there’s good news: Financial firms are making it easier to get some exposure to these investments. However, you could still lose all of the money you put into this volatile space, experts warn. Blockchain has the potential to be a truly disruptive technology that could change the way all kinds of economic activity is handled, said Jim Sinegal, senior equity analyst at Morningstar, at the firm’s recent...

Sen. Kirsten Gillibrand (D-NY) speaks during a news conference December 6, 2017 on Capitol Hill in Washington, DC. Senator Kirsten Gillibrand, D-N.Y., is proposing legislation aimed at putting an end to current payday lending practices by giving some banking services a new home: the U.S. Post Office. The legislation, called the Postal Banking Act, would make retail banking services available at all U.S. Postal Service locations. That amounts to 30,000 post offices nationwide. Services would...

Student loan borrowers could get some wiggle room when it comes to repaying private loans, thanks to two new proposals in the Senate banking bill. The provisions in the bill would adjust how private student loan lenders treat the death or bankruptcy of co-signers, as well as how defaults are reported on a borrower's credit report. The changes would have positive results for borrowers, student loan experts said. "It's bipartisan, so this legislation is probably going to move," said Mark...

Gun owners who want specialized insurance for their firearms may have less access to one kind of policy following a shooting massacre in Florida last month. Insurance company Chubb said on Feb. 23 that it will stop underwriting an insurance policy for gun owners called NRA Carry Guard. The National Rifle Association-branded insurance covers gun owners in the event they face legal action following firearm incidents. "Three months ago, Chubb provided notice of our intent to discontinue...

Gun owners who want specialized insurance for their firearms may have less access to one kind of policy following a shooting massacre in Florida last week. Insurance company Chubb said on Friday that it will stop underwriting an insurance policy for gun owners called NRA Carry Guard. The National Rifle Association-branded insurance covers gun owners in the event they face legal repercussions following firearm incidents. "Three months ago, Chubb provided notice of our intent to discontinue...