Monthly Archives: March 2011
Rhode Island payday loan bill seeks strict interest rate cap
Rhode Island legislators have introduced 2011 H 5562, a bill to cap payday loan rates at an untenable 36 percent APR. Here we go again...Release of discount window data reveals big European bank bailout
The long-awaited release of discount window data by the Federal Reserve illustrates the global impact of Wall Street bank failures ...Signing up for a money market account online is easy
Opening a money market account online is a simple way to beat the rate of inflation when it comes to earning interest on your money.New jobless claims decline; employers may be hiring
New unemployment claims declined last week by 6,000, and overall, long-term unemployment claims are decreasing as well.Microsoft adds complaint to EU antitrust investigation of Google
Microsoft has joined Google's European rivals in a complaint that has triggered an antitrust investigation against the search engine giant.Avoid the debt settlement agreement benefit on your credit card
The Government Accountability Office urges consumers to think carefully before opting for a debt settlement agreement on their credit card.Bailout loans paying dividends as banks rebound from recession
Wall Street has rebounded from the recession, and loans that were lent to financial institutions have made the U.S. Treasury a profit. Obama calls for urgent overhaul of national energy policy
At a recent appearance, President Obama called for an overhaul of the nation's energy policy including a major reduction in oil imports.GOP balanced budget amendment is irresponsible political theater
Even the conservative American Enterprise Institute thinks the GOP plan to blackmail Congress into a vote on the amendment is a bad idea.Demand for same day loans is tremendous, FDIC says
Personal loans and same day loans are popular, but banks have proven too top-heavy to offer them effectively, according to the GAO.Patent reform bill aims to streamline approval, spur job creation
The antiquated U.S. patent system, overwhelmed by advancing technology, has a backlog of more than 700,000 patent applications ...More banks ending debit card rewards
The ranks of major banks ending debit card reward programs are swelling as the cost of new financial reforms are adding up. Dodd-Frank will cost nearly $3 billion, says GAO
The Consumer Financial Protection Bureau and all other agencies under Dodd-Frank will cost $2.9 billion to operate, reports indicate.Work-from-home job ideas you can use
Sluggish job market got you down? Work from home successfully and avoid getting sucked into a scam by following some of these ideas.Virginia opening up short-term lending to non-residents
The Virginia legislature has passed a bill allowing title lenders to offer loans to non-residents.Anheuser Busch buys Goose Island in quest for world domination
Anheuser Busch has just purchased the Goose Island brewery, as macrobrewers are gobbling up many smaller beer companies to dominate markets.Companies try to mask price increases by shrinking food packaging
To trick consumers into paying more for less, food manufacturers have made an art form of shrinking packaging in unnoticeable ways ...
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