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.
Retail sales in November were better than analysts had expected, as American consumers loosen up the purse strings in preparation for the holiday season. November sales increased by .8% from the previous month, and increased… Retail Sales up for 5th Consecutive Month
Organizations that prey on consumers who have been hurt by the economic downturn are the target of an ongoing crackdown by the Federal Trade Commission. The FTC announced today that it halted the operations of… FTC Cracking Down on Scammers
A new program aims to increase financial literacy for low to moderate-income students and help to encourage savings. In a joint statement by the Department of Education, the Federal Deposits Insurance Corporation (FDIC), and the… Ed Dept, FDIC, NCUA Partner to Increase Financial Literacy Among Students
In an effort to educate homeowners on the energy-efficiency of their residences, Vice President Joe Biden and Energy Secretary Steven Chu have launched the Home Energy Score pilot program. “The Home Energy Score will help… Energy Dept Launches Home Energy Score
Home prices over the past year have remained relatively unchanged over the past year, even though the pace of sales has sharply declined since the ending of the home buyer’s tax credit, the National Association… NAR: Existing Home Prices Stable Third Quarter 2010
New claims for jobless benefits unexpectedly dropped by 21,000 last week to 434,000 – its lowest level since July, the Department of Labor reported on Thursday. But the news may be even better than a… New Jobless Claims Unexpectedly Drop
Existing home sales jumped 10% in September, signalling the beginning of a housing recovery, the National Association of Realtors reported on Monday. The rate of sales, which includes single-family homes, townhomes, condos, and co-ops, was… NAR:Existing Home Sales Jump 10% in September 2010
One of the nation’s largest debt collection companies has agreed to pay $1.75 million to settle charges by the Federal Trade Commission that the company used unethical practices to collect debts, the agency reported on… FTC: Debt Collector Pays $1.75 Million
A health care fraud racket suspected of pilfering more than $163 million from the Medicare system has been busted up by the Justice Department and the Federal Bureau of Investigations in a multi-agency investigation, the… $163 Million Health Care Fraud Racket Busted Up
The mortgage mess that started with bad paperwork to put people into homes looks to be continuing in the same manner, only this time it’s to get many of those very same people out of… All 50 States on Board in Foreclosure Probe