Latest financial news and information

Which banks benefited from the bailout?

As the Wall Street reform bill heads to the President's desk, what happened to the TARP program? Who got the most bailout money? READ ON...
Breadline at FDR memorial

US embassy in Tripoli shuttered with Libya sanctions pending

The U.S. embassy in Tripoli has been mostly evacuated. Economic sanctions against Libya are going to be implemented soon.
Gadhafi

Death penalty in the U.S. context

In the summer of 2009, the court ordered that the authority to impose the death penalty should be carried out by the juries, not the judges.
Death Penalty opposers

Payday loan APR Fees and How They Compare To Other Financing Rates

A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.
A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.

Illinois payday lender sues, calling reforms unconstitutional

Illinois Lending Corp. is suing so that a provision within the Illinois Payday Loan Reform Act can be blocked. It's a Constitution argument.
A law stamped “Unconstitutional” in large letters.

Jackie Robinson Day honors memory of human rights legend

Jackie Robinson Day is on April 15. It celebrates the anniversary of Jackie Robinson breaking the color line in baseball back in 1947...
Black and white photograph of Jackie Robinson after his playing days. He looks distinguished in a business suit, which means that the photo may very well have been taken during one of his civil rights speaking engagements. He holds his arm around a young African-American boy.

Letting banks boost shareholder dividends risks another bailout

By green-lighting more shareholder dividends, the Fed has allowed banks to increase leverage, and it could lead to bailout territory again.
leverage equity

Installment Loans Online and How They Differ From The Average Payday Loan

One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.
One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.

Home Prices are on the Rise

For the fifth straight month, home prices are on the rise. This could mean that the economy is ready to officially turn around.
Photo from Picasa

Payday Cash is Not the Only Concern When it Comes to Saving

Just like payday cash is a priority in today's world, so should retirement funding be high on the list of consumer concern.

Couple staying married as they become priest and nun

A married couple in Germany has converted to the Roman Catholic church, and both have taken vows as a nun and priest. They will remain married.
Photo of a nun.

The Ease and Convenience of Short Term Loans Needs To Be Managed In A Smart Way

It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.
It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.

Understanding the down side of avoiding credit

Eschewing credit is not a good way to build a credit history. Creditors want to see the borrower can handle credit responsibly.
A stack of credit cards against a black tabletop.

Blackberry Bold 9780 gets release date and specs

The new Blackberry Bold 9780 has been announced by Research in Motion (RIM). Will the new developments be enough for smartphone consumers?
Blackberry Bold

Cheap and Simple New Year’s Eve Party Ideas 2010

Don’t stress yourself out this New Year's. There are tons of cheap and simple New Year's Eve party ideas that will have your pockets sing praises. READ MORE >>>
(Image from atbaker, Flickr.com)

What You Need To Know To Keep From Getting Trapped By Cash Advance Addiction

Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.
Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.

Personal Loans for Military Members and their Families

It is still possible to get a personal or short-term loan as a member of the US Military or a family member of a service member.
Photo from Picasa

Chocomize | Custom chocolate with a charitable twist

You can now customize your chocolate with Chocomize. What's more your purchase will help out a charitable organization of your choice ...
Chocolate

Raising a credit score saves a fortune in a lifetime of borrowing

Raising a credit score will save money on interest payments that can be invested to finance retirement by earning interest, not paying it.
raising credit score resulted in wealthy retirement

No Credit Check Personal Loans From The Comfort Of Home - A Good Thing or a Bad Thing?

Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.
Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.

Greek financial disaster resounds in Europe, US

Tensions in Greece continue to boil as austerity measures have met heavy civilian resistance. What does this mean for Europe and the U.S.?
A low-angle view of the columns of the Greek Acropolis at Athens.