Economy

Gene Sperling is new U.S. National Economic Council director

Former Clinton National Economic Council deputy director Gene Sperling has been picked to direct the organization under President Obama.
Gene Sperling speaking in 2008 at a Center for American Progress Action Fund event.

Billionaire Sees Big Problems in China

Most economists believe China will continue to grow, but one billionaire is betting the other way.

Bernanke testimony casts pall over economic recovery

The Ben Bernanke testimony doesn't have too many people enthused about America's current economic outlook. Sustainable recovery is needed.

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

What’s the Best Way to Protect Consumers in Need of Debt Relief?

Debt relief for consumers during this recession has been hard to attain. Should courts or government agencies play a large role? READ HERE for one man's view.
President Obama's plans for the Consumer Financial Protection Agency could mean that debt relief is closer than ever for the downtrodden. (Photo: flickr.com)

Federal Minimum Wage and U.S. Labor Laws

Despite the fact that the federal minimum wage is not a living wage for anyone who pays rent, some states such as Colorado want to pay less...
Federal minimum wage

Recession cutback city: Even the rich people are doing it!

Rich people are spending less this summer, which has the Federal Reserve worrying about whether we will end up needing another stimulus package.
One rich person's fingertips piece the surface of a sea of gold coins.

How Can Installment Loans Help Protect Your Credit Rating?

There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.
There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.

Interest rates on credit cards hit highest point in 13 years

The average interest rate for credit cards is at its highest point in more than a decade. Base rates are being raised thanks to the CARD Act.
Visa

Tough choices in a tough job and housing market

Be sure to calculate the cost of living difference before you relocate for work, and check out these tips on how to sell your home.
calculator

Video game industry gives the U.S. economy a needed boost

The U.S. economy needs winners, and it has one in the video game industry. A recent study showed a contribution of $5 billion to the nation.
Commander Shepard of the "Mass Effect" video game series strides onto the battlefield in Cerberus body armor, "Mass Effect" assault rifle at the ready.

Do Not Fall Behind On Your Bills - See How Short Term Loans Can Help Prevent Late Fees and Penalties.

Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.
Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.

Where Should You Squirrel-Away Your Cash?

Despite rising unemployment, personal incomes rose 1.6 percent in May, and savings rates are up. But is there any good place to stash your cash?

Unemployment Holding Strong, Jobs Won’t Return Until 2012

CNN Money reports that the job market will get better -- eventually. The forecast employment be back up to normal rates in summer of 2012...
Image from Flickr.

Tapping US oil reserves will not lower gas prices, Obama says

Oil industry analysts and the White House administration insist tapping the oil reserve would do little to combat rising gas and oil prices.
tapping oil reserve

How To Get A Cash Advance Even With Bad Credit and Bankruptcy On Your Record

Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.
Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.

Initial Jobless Claims Fall for 17th Straight Week

Initial jobless claims continue to fall raising hopes for a long term recovery.
Photo from Picasa

Two Federal Reserve banks want higher rates on emergency loans

In recessions, the Federal Reserve keeps interest rates on emergency loans to banks low. A few regional Fed banks want rates raised a bit...
Rocket Launch

Consumers Using Payday Loans and Tax Refunds to Pay Bills

A new poll shows that payday loans and tax refunds are being channeled towards necessary bill payment, rather than extras...

Keep Your Debt to Credit Ratio Down By Using Personal Loans Instead of Credit Cards

The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.
The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.

National Broadband Plan: Universal access by 2020

The National Broadband Plan is a 360-page report outlining a strategy for universal broadband access in the U.S. What steps does it suggest?
Broadband internet router

Appraisers in Need of Cash Today Have to Have On-The-Job Smarts

For appraisers to find cash today, they need to be smart about the markets they work in.
Photo from Picasa