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Nine Banks Under Scrutiny For Overdraft Protection Programs

Posted: 04/21/2012 - The Consumer Financial Protection Bureau is looking at how U.S. banks persuade customers to sign up for what they call overdraft protection programs, which some critics say are confusing and overcharge consumers, according to a Bloomberg News report.

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Inside The Foreclosure Factory, They're Working Overtime

Posted: 04/20/2012 - In a quiet office in downtown Charlotte, N.C., dozens of Wells Fargo’s foreclosure foot soldiers sit in cubicles cranking out documents the bank relies on to seize its share of the thousands of homes lost to foreclosure every week.

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Retirement May Be Mission Impossible For Gen X

Posted: 04/19/2012 - As kids, they sat on gas lines in the backs of their parents’ cars. As young adults, they saw the stock market crash, and when it finally came time to settle down, they bought a house at the peak of the housing bubble and then were faced with the worst economy since the Great Depression.

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Obama Signals For 2012: It's All About The Economy

Posted: 04/19/2012 - In an election season when the economy is king, the central debate between President Barack Obama and GOP challenger Mitt Romney comes down to what is enough. Enough growth in the economy. Enough job creation.

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Women Make 77 Cents For Each $1 Made By Men

Posted: 04/18/2012 - In most common occupations women still make less than men doing the same job for an equal amount of hours, according to new data released on Tuesday.

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Republicans Seek To Pin GSA Spending Scandal On White House

Posted: 04/18/2012 - Republican lawmakers tried Tuesday to tie the spending scandal at the General Services Administration to the White House, pressing current and former agency officials to explain why they met with senior administration officials two weeks before disciplining most of the implicated officials.

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Tax Day Freebies

Posted: 04/16/2012 - Several businesses are offering freebies on Tuesday, April 17.

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Administration Pushes Anti-Waste Effort, Savings

Posted: 04/13/2012 - The Obama administration says it is saving taxpayers billions of dollars in improper payments to vendors and contractors, the result of a concerted attempt to reduce errors and instances of fraud in outside expenditures.

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Consumer Agency Backs Down On Card Fees

Posted: 04/13/2012 - The Obama administration's consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards, a move that could hit borrowers with poor credit histories especially hard.

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Foreclosures Slow As Pipeline Keeps Backing Up

Posted: 04/13/2012 - Foreclosure activity fell in the first quarter to the lowest level in more than four years, but mainly because the process of removing people from their homes has slowed.

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Have Pump Prices Peaked? Some Experts Think So

Posted: 04/12/2012 - It may be difficult to celebrate when you’re paying $3.92 a gallon for gas but the good news is that’s a penny cheaper than where the national average for a gallon of regular stood last week, according to the AAA.

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Easter Travelers Deal With High Gas Prices

Updated: 04/08/2012 - Many people travel Easter weekend, whether it's heading to the beach or a family member's house, but unfortunately those travelers are dealing with high gas prices this weekend.

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Temporary Outage Of Visa Card Network Sunday

Posted: 04/01/2012 - A technical problem affecting the Visa network barred some people around the United States from using their credit and debit cards for about 45 minutes on Sunday, the company said.

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Best Buy To Close 50 Stores In Restructuring

Posted: 03/30/2012 - Electronics retailer Best Buy said Thursday it will close 50 big box stores in the U.S. and cut 400 jobs in corporate and support areas as it changes the focus of its operations to mobile.

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Kansas, Illinois and Maryland Tickets Share Lottery Jackpot

Updated: 03/31/2012 - Lottery ticket-holders in Kansas, Illinois and Maryland each selected the winning numbers and will split a $640 million jackpot that was believed to be the world's largest such prize, a lottery official said Saturday.

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