A North Dakota bank is the latest financial institution in the United States and elsewhere that has decided to close the accounts of companies that transfer or convert money, a trend that has upset Somalis who want to send money home.
One of the biggest things couples fight about is money. A recent study by Harris Interactive for the American Institute of CPAs found the three biggest money-related arguments: wants vs. needs, unexpected expenses and insufficient savings. So that had us wondering: Should men and women have separate bank accounts? According to Nicole Middendorf, financial analyst and CEO of Prosperwell Financial, the answer is usually ‘yes.’ “Because, otherwise, I tend to find people fight too much,” she said. “We are generally so busy in our lives that we don’t take the time to communicate, especially about something that’s not fun to communicate about.”
From a Hong Kong hotel room, a former CIA worker made public two sweeping US surveillance programs. Now, Edward Snowden could be looking at years in jail for the leak. “Even if you’re not doing anything wrong you’re being watched and recorded,” Snowden said. One program tracks millions of US phone records to search for links to terrorism. Another, taps into nine internet companies to detect suspicious behavior by web users that begins overseas.
Minnesota is home to the largest Somali community in the nation, and Saturday people across the metro rallied against a banking policy that affects the Somali community.