Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
The Federal Trade Commission has recently put out a warning that scammers have been using the wave of recent bank failures as an opportunity to con unsuspecting people out of their private information. Financial institutions…
Taking a few simple steps in getting your home ready for winter can amount to saving big bucks on your heating bill. And this is the perfect time of year to do it, before the…
Liens A lien is basically a claim, or a debt, against a piece of property, also sometimes called a “security interest.” The claim typically belongs to a business or individual who is owed money related…
The revised Emergency Economic Stabilization Act (EESA) of 2008 was approved by both houses of Congress and President Bush signed the bill into law on October 3, 2008. A summary of the original version of…
Stock markets around the world plunged in response to the U.S. House of Representatives’ rejection of the $700 billion rescue plan. The Dow Jones Industrial Average dropped 777 points on Monday after it was apparent…
The U.S. House of Representatives approved legislation last week that is meant to protect consumers from many of the tricky practices commonly used by credit card issuers. The Credit Card Holder’s Bill of Rights, HR…
The latest version of the $700 billion bailout plan has been rejected by the U.S. House of Representatives, voting against the package 228-205. Earlier this morning before the vote, President Bush expressed confidence that the…
Using a rewards card can be a smart way to cover your normal expenses. And if you’re going to spend the money anyway, you might as well get something back from it. Depending on the…
Morgan Stanley and Goldman Sachs, the nation’s last two major investment banks which each own about $1 trillion in assets, were granted approval by the Fed to let them switch to bank holding status. The…
Convenience Checks Anything that has “convenience” in its name should signal that you’re going to pay for that convenience. Convenience foods save time and cost more because of it, convenience fees are added to online…