Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
After consistently rising for three straight months, consumer confidence in June is sharply down amid worries of the job market, the Conference Board reported on Tuesday. The index used to measure consumer confidence dropped from…
It has become second-nature for consumers to diligently safe-guard their personal information to prevent identity theft and credit card fraud. We shred our sensitive financial documents before throwing them out, we’re learning to not be…
The Treasury Department announced on Wednesday that Arizona, California, Florida, Michigan, and Nevada – the five states hurt most by the housing downturn – can begin to use the $1.5 billion in the Housing Finance…
It can be easy to laze the days away in front of the TV, but at one point many of us begin to wish we had a gratifying hobby or activity to enjoy. Aimlessly shopping…
Unemployment rates were slightly lower in May across most of the nation, according to a report released today by the Department of Labor’s Bureau of Labor Statistics (BLS). While 7 states reported no change in…
The Department of Labor announced on Tuesday awards of more than $9 million in nationwide grants for ‘green” jobs training for veterans. Raymond Jefferson, assistant secretary of the U.S. Department of Labor’s Veterans’ Employment and…
Homebuyers are choosing smaller homes than they had been in the previous year, according to a report released on Monday by the National Association of Home Builders (NAHB). The NAHB analyzed data recently released by…
The amount of Troubled Asset Relief Program (TARP) funds paid back to taxpayers has exceeded the amount of TARP funds outstanding, the U.S. Treasury Department reported on Friday. The Treasury reports that through the end…
A so-called extended auto warranty company has been ordered to stop pitching their services upon allegations by the Federal Trade Commission that their product is misleading and deceptive to consumers. A temporary restraining order has…
Two mortgage firms, Countrywide and Bank of America, have agreed to pay $108 million to settle charges that they misled and overcharged troubled homeowners who were falling behind on their mortgage payments, according to a…