Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
This morning President-elect Barack Obama outlined details of the economic recovery plan that will create or save 2.5 million American jobs and help both Main Street and Wall Street. Obama plans to strengthen the economy…
It can be difficult to raise kids that aren’t influenced by the ads, the commercials, and what their friends have. Hey, it’s even hard for adults to resist becoming at least a little materialistic. While…
President-elect Barack Obama said in his address on Friday that this week’s news points to the severity of the nation’s economic crisis, citing that new home purchases for October were at the lowest level in…
On Friday, President Bush signed into law H.R. 6867, the “Unemployment Compensation Extention Act of 2008”, to help individuals who have not been able to find work in this difficult economy. The new law extends…
Fannie Mae and Freddie Mac announced yesterday that they have suspended foreclosure and eviction proceedings through the holiday season for owner-occupied single family homes, in an effort to help more troubled homeowners work out a…
Last night President Bush welcomed almost two dozen leaders from around the world, of both developed economies and emerging markets, to the White House State Dining Room for a working dinner to discuss the global…
In the Democratic weekly address to the nation today, President-elect Barack Obama expressed that he was glad that President Bush is meeting with world leaders this weekend to coordinate a quick response to the global…
The Federal Trade Commission, the nation’s consumer fraud protection agency, reported on Thursday that they and the State of Nevada are charging an internet payday loan company and its principals with violating federal and state…
Treasury Secretary Henry Paulson announced on Wednesday that the original plan to buy up toxic mortgage debt from banks with up to $700 billion of taxpayer money has changed. Just over a month ago Paulson…
Opportunity in a Bear Market The stock market’s volatility sure does reflect a lot of uncertainty and fear out there. While there’s good reason to be cautious, there’s also good reason to start researching some…