The Daily Show Explains the Wall Street Reform Debacle – in Song!

Personal Finance

The Daily Show Explains the Wall Street Reform Debacle – in Song!

The Daily Show Explains the Wall Street Reform Debacle – in Song!

Ever wonder why we’re still talking about the stalled effort to reform Wall Street, more than a year after President Obama signed a law to do exactly that? Or why there’s even a controversy over who will lead the Consumer Financial Protection Bureau, even though the measure creating the new watchdog agency passed by overwhelming… Read More

Financial News Roundup: Future Health Costs Skyrocket, SSA Has No Answers For Fearful Seniors

Personal Finance

Financial News Roundup: Future Health Costs Skyrocket, SSA Has No Answers For Fearful Seniors

Financial News Roundup: Future Health Costs Skyrocket, SSA Has No Answers For Fearful Seniors

Today’s top news headlines feature the details of a change in the IRS ‘innocent spouse’ policy and reasons the Social Security Administration is unable to allay seniors’ fears amid the debt ceiling crisis. Plus, find out how much consumers may pay in healthcare in the future. IRS Changes ‘Innocent Spouse’ Policy The Wall Street Journal… Read More

Follow Friday: Weekly Web Roundup (7/29/11)

Personal Finance

Follow Friday: Weekly Web Roundup (7/29/11)

Follow Friday: Weekly Web Roundup (7/29/11)

This week’s stories highlight the changing perceptions and needs of consumers and small businesses alike. We have a list of the nation’s top consumer complaints, and as you might have guessed credit is high on the list. There’s also a jaw-dropping bank vs. consumer credit nightmare story. As always, if you enjoy any of our… Read More

One Word For This Economy: Meh.

Personal Finance

One Word For This Economy: Meh.

One Word For This Economy: Meh.

The latest economic reports are in, and they can be summarized in one little word: Meh. The American economy is no longer driving off a cliff. Neither is it “recovering,” exactly. It’s just sort of sitting there limp, like a half-boiled noodle, too soft to stuff back in the box but too hard to enjoy…. Read More

Banks Benefiting from More Business Credit Card Use

Credit Cards

Banks Benefiting from More Business Credit Card Use

Banks Benefiting from More Business Credit Card Use

The National Small Business Association will soon reveal statistics that show small business owners are using their credit cards more often despite being unable to pay down their balance every month as they had in the past, according to a report from the Wall Street Journal. Over the last two years, many small business owners… Read More

CARD Act Dodge? AmEx Teams Up With Facebook

Credit Cards

CARD Act Dodge? AmEx Teams Up With Facebook

CARD Act Dodge? AmEx Teams Up With Facebook

It appears that the CARD Act is making a difference—at least, on college campuses where the law prohibits credit card and bank marketers from soliciting to students. The Federal Reserve recently reported a 17% drop in the number of credit cards issued by banks via college campuses and alumni associations. That’s definitely progress. But there’s… Read More

Fed: Financial Firms Reaped $193 Million From Unemployment Benefits

Personal Finance

Fed: Financial Firms Reaped $193 Million From Unemployment Benefits

Fed: Financial Firms Reaped $193 Million From Unemployment Benefits

It costs money to be poor. Payday loan services, pawn shops, money order providers, and a host of other companies charge low-income people comparatively high rates for basic banking services like paying bills and writing checks. Sometimes, government programs add to the cost. According to a new report by the Federal Reserve, low-income people receiving… Read More

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