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.
The Federal Trade Commission (FTC) testified today to the U.S. House Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services that the agency has completed most of the consumer credit protection…
New claims for jobless benefits showed slight improvement for the week ending March 13, the Department of Labor reported on Thursday in its weekly report. There were 457,000 new claims last week, down 5,000 from…
The U.S. Census Bureau announced on Friday that advanced estimates of February retail trade sales were $355.5 billion. This is an increase of .3% from the previous month after a .1% rebound in January, and…
The over-the-month unemployment rate for January rose in 30 states, fell in 9 states, and remained the same in 11 states, according to a report released Wednesday by the Bureau of Labor Statistics (BLS). Over…
Since 2006, Lifelock Inc. ads have claimed that it could prevent identity theft for consumers willing to sign up for its $10-a-month service. The company even went so far as to put the CEO’s social…
The unemployment situation changed very little with 14.9 million unemployed persons in February, and the unemployment rate held steady at 9.7%, the Bureau of Labor Statistics (BLS) reported today. Non-farm payroll employment fell by 36,000…
The Internal Revenue service sent out an announcement on Monday to inform taxpayers that more than $1.3 billion in tax refunds are due to nearly 1.4 million people who did not file a 2006 tax…
Identity theft remains the number one consumer complaint for the tenth year in a row, according to the Consumer Sentinal Network (CSN) report released on Wednesday by the Federal Trade Commission (FTC). The FTC, the…
Fewer consumers applied for new residential mortgages and refinancing last week, according to a weekly survey released on Wednesday by the Mortgage Bankers Association (MBA). For the week ending February 19, the index used to…
The Mortgage Bankers Association (MBA) announced on Wednesday that they’ve proposed a new forbearance program to help qualified homeowners who lose their jobs. The program would allow homeowners to stay in their homes and pay…