Stay updated on financial news, market trends, and economic changes that affect your money. From interest rate hikes to government policy shifts, we break down what’s happening now—and what it means for your finances.
Most Americans are skeptical about whether President Obama’s $447 billion American Jobs Act will actually help the nation’s employment situation, according to a Bloomberg National Poll conducted last weekend. The unemployment rate has stagnated at…
The median household income fell in 2010, resulting in an increase in the percentage of people living in poverty for the third year in a row, the government reported on Tuesday. The U.S. Census Bureau…
A solar panel manufacturing plant that received a $535 million loan backed by the Department of Energy announced on Wednesday that they were filing bankruptcy and cutting 1,100 jobs. Solyndra, LLC based in Fremont, CA…
The U.S. has been hit hard by natural disasters this year. The Groundhog Day blizzard in the Northeast, tornadoes across several regions, drought and wildfires in the Southern Plains and Southwest, and flooding along the…
As Hurricane Irene slams into the East Coast and leaves damage and destruction in its wake, the government warns consumers to be alert for potential scams. Crooks often take advantage of natural disasters to prey…
Some small business owners in the second quarter of 2011 are feeling better about the economy and expect a gradual but continued improvement, according to a survey released by Capital One Bank on Thursday. “Our…
The housing market is showing no signs of improvement as high unemployment and tough lending standards prevent many from buying a home. Mortgage applications fell 2.4% last week, according to a report released by the…
Though getting a summer job has been a student tradition for generations, the tough jobs market has particularly affected young people looking for employment. Youth job participation in July – normally the peak employment month…
An operation that allegedly claimed it could help struggling borrowers eliminate debt and clean up their credit histories has been halted by the Federal Trade Commission, the agency reported on Tuesday. The FTC has been…
Before swiping their card at any credit or debit card terminal, such as an ATM, DVD rental kiosk, or gas station, consumers should take a moment to inspect the machine to check if it’s been…