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.
Equifax, one of the world’s largest suppliers of credit information and related services, recently announced a data breach that may have affected as many as 143 million consumers in the United States. The company went… Equifax Data Breach: What You Need to Know
The federal government on Tuesday ordered Citibank and its subsidiaries to pay back consumers approximately $700 million harmed by the bank’s illegal practices conducted from 2003 through 2012. The Consumer Financial Protection Bureau (CFPB) said that… Citibank Ordered to Reimburse $700 Million to Cardholders
Millions of consumers who used a credit or debit card in Target during the data breach period – November 27 to December 15, 2013 – have received a replacement card in the mail sometime in… Banks Replacing Credit and Debit Cards After Target Data Breach
Federal agencies on Tuesday warned to consumers of a new computer malware that can take hold of personal files and literally hold them for ransom. The Federal Trade Commission and the Federal Bureau of Investigation… Federal Agencies Warn of New "Ransomware"
Green home building is projected to continue to climb in the next few years as Americans increasingly search out energy-efficient and environmentally responsible homes, industry experts reported this week. McGraw Hill Construction reported that last… Green Home Building on the Rise
Consumers who feel taken advantage of by one of the most infamously predatory businesses – payday lenders – now have a place to send their complaints. In early November, the Consumer Financial Protection Bureau announced… CFPB Begins Taking Payday Loan Complaints and Makes First Action
Americans should be on alert for scammers posing as government workers, the Better Business Bureau advises. The purpose of the scam is to fool you into sharing your personal information, which can then be used… BBB: Be Alert for Health Insurance Scam
The Federal Trade Commission has released the results of its latest survey on fraud. Conducted in late 2011 and early 2012, the survey reveals there were 25.6 million victims of fraud. Here are the top… FTC Survey: 25.6 Million Victims of Fraud
When consumers have trouble with businesses, the Federal Trade Commission is often the go-to government agency for complaints. Each year, the FTC compiles a report on the complaints it received from the previous year. In… FTC Reports the Top 10 Complaints of 2012
The IRS tax refund tracker tool has become so popular for people expecting a tax refund that the IRS has put out a notice asking taxpayers to limit their inquiries to no more than once… IRS: Use Refund Tracker Tools Once per Day