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.
Vice-President Joe Biden’s office announced today the release of nearly $100 million made available by the American Recovery and Reinvestment Act 2009 to support senior nutrition programs. The funding will be released to the Department…
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…
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 –…
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…
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…
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…
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 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…
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…
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…