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.
American International Group, bailed out four times with up to $170 billion and now almost 80% government-owned, is under fire for paying executive bonuses last week to the very division responsible for the credit default… AIG Bonuses – Another Outrage
The Federal Trade Commission on Tuesday alerted consumers that the agency has received complaints about companies who claim to give consumers a free credit report. The credit reports these companies offer aren’t truly free –… Free Credit Reports
In his weekly address on Saturday, President Obama talked about the condition of the economy and steps the government is taking to turn it all around. Obama reminded us that 651,000 jobs were lost in… Obama Expresses Confidence
Scam artists are quick to exploit the ongoing economic crisis – by tricking taxpayers into believing the recently passed stimulus package has something in it for them. The Federal Trade Commission on Wednesday put out… Stimulus Package Scams
We’ve heard plenty about the various methods identity thieves use to steal people’s private information. Some go dumpster diving, some come up with a ploy to trick consumers out of their private information, some steal… ID Thieves Bought Credit Reports from Credit Reporting Agency
The New and Improved First Time Homebuyer Credit When last year’s $7500 first time homebuyer credit – which was actually a loan that had to be paid back to the government – didn’t do enough… The $8000 First-Time Homebuyer’s Credit
The U.S. Treasury Department today unveiled the details of the “Making Home Affordable” loan modification program. “Only two weeks after the President unveiled his plan to help promote homeowner affordability, we are moving forward today… Loan Modification Program Details Announced
The first month of the year saw a decline in pending home sales, according to a report released today by the National Association of Realtors. The pending home sales index for January at 80.4 fell… Pending Home Sales Decline in January
Citigroup announced on Tuesday that the company has introduced the Citi Homeowner Unemployment Assist program. This is the latest program offered under Citi Homeowner Assistance, a multi-faceted program to help people avoid foreclosure and stay… Citigroup Announces Program for Recently Unemployed Homeowners
The Federal Trade Commission – the nation’s consumer protection agency against fraud – reported on Thursday that identity theft was the number one consumer complaint for the ninth year in a row. Of the 1,223,370… ID Theft Number One Consumer Complaint for 9th Year in a Row