Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
The Internal Revenue Service announced yesterday that the e-file program will open on January 16, 2009, with new features that expand access to electronic filing to help taxpayers get their refunds quicker. E-filed tax returns…
Housing downturn sees no end as majority of new loan applications are for refinance. The Mortgage Bankers Association (MBA) reported today that mortgage loan application volume was up 15.8% from the previous week, on a…
Since December 11, 2008, Wachovia Bank began mailing restitution checks totaling more than $150 million to victims of telemarketing fraud. The checks are reimbursement for payments taken from Wachovia Bank customer’s accounts, authorized without the…
The nation’s economic troubles are taking its toll on consumers carrying too much debt – delinquencies are rising among many types of consumer credit accounts, as reported by the American Bankers Association (ABA) for the…
In his weekly radio and YouTube address, President-elect Barack Obama reiterated the importance of moving quickly to stem the rising unemployment rate. He said, “It’s not too late to change course – but only if…
2008 was been a rough year for all of us, and 2009 doesn’t look much better. Millions of Americans have already lost their jobs – few industries have been safe from the plague of cutbacks…
The government reported today that U.S. economy lost 524,000 jobs in the month of December, bringing the unemployment rate up to 7.2% from November’s 6.8% unemployment rate. This is the highest unemployment rate in sixteen…
President-elect Barack Obama said today that the ongoing recession could last for years unless dramatic action was taken as soon as possible. Obama said, “Throughout America’s history, there have been some years that simply rolled…
It’s not like you don’t already know that things are really bad, but here are some numbers for you. The Congressional Budget Office (CBO) reported yesterday that the U.S. recession – officially recognized to have…
Have a bill payment system, avoid late fees. If you’re away from home for the first time, you’ve just been handed a long list of big responsibilities – and paying the bills is likely to…