How the New Tax Bill Affects You
The new tax bill was signed by President Donald Trump on Friday, December 22, 2017. The tax bill will take affect starting in the 2018 tax year. The final bill is over 500 pages, and…
Current Events
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 Data Breach: What You Need to Know
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…
Citibank Ordered to Reimburse $700 Million to Cardholders
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…
Banks Replacing Credit and Debit Cards After Target Data Breach
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…
Federal Agencies Warn of New "Ransomware"
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…
Green Home Building on the Rise
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…
CFPB Begins Taking Payday Loan Complaints and Makes First Action
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…
BBB: Be Alert for Health Insurance Scam
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…
FTC Survey: 25.6 Million Victims of Fraud
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 Reports the Top 10 Complaints of 2012
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…