A piggy bank

America Saves Week is about to start

Americans don’t tend to squirrel away enough money for a rainy day or for retirement. However, the Consumer Federation of America and American Savings Education Council want to do something about that during America Saves Week. Another 51 weeks of the year to worry about Among the many criticisms leveled at the typical American about
Patient room in a doctor's office. A computer is visible.

Microsoft has a Caradigm for improving health care record-keeping

Health care record-keeping is still far from a universal system in the U.S., but Microsoft is looking to change that. According to Bloomberg Businessweek, Microsoft’s joint venture with General Electric to modernize health care technology – which experts predict will increase care efficiency and cut costs – has taken a big step forward. It now
Sheet Metal

Unfilled job openings point to lost economic opportunity

The unemployment rate in the United States currently clocks in between 8 and 9 percent. With more than 15 million unemployed individuals, more than 3 million so-called unfillable positions point to economic opportunity that has been lost. Growing number of unfillable jobs According to the U.S. Bureau of Labor Statistics, the number of unfilled jobs

Preparing for a job interview

While unemployment figures have been dropping steadily, 13 million Americans still remain out of work. It is a tough job market out there, and anything one can do to hedge his or her bet is a good thing. The secret to winning a job is a good interview. What one does to prepare for that
Bank of America branch

Community bank network Kasasa gaining momentum

The advantages of joining a large retail bank is that it has branches everywhere. However, a growing community bank network, called Kasasa, is out to chip away at the edge huge banks enjoy. Go big or stay home The reason large retail for-profit banks like Bank of America, Wells Fargo and JPMorgan Chase enjoy market
Federal Reserve file photo of Chairman Ben Bernanke.

Bernanke tells community banks to bite down on low interest rates

Community banks need something the Federal Reserve is unwilling to provide at this time, reports MarketWatch. The Fed is maintaining its theory that it must keep interest rates low to facilitate economic recovery. However, small community banks depend upon higher interest rates more than any other financial institution so they can remain profitable. Tough love
Tax day

The IRS dirty dozen tax scams

Thursday the IRS issued its annual “dirty dozen” list of tax scams. The list is designed to help taxpayers recognize some common scams. It is also a warning to would-be tax cheats. ‘Don’t be fooled’ IRS commissioner Doug Shulman said: “Scam artists will tempt people in person, on-line and by e-mail with misleading promises about
Marty Allen, American comedian, holding wallet with six cards extended in accordion fashion. Visible from top to bottom are "Diner's Club", "Hilton", "American Express", and "Biltmore/Barkley" credit cards; Social Security card, and "American Federation of Television and Radio Artists" union card.

US credit card debt is up or down, depending upon media source

If you’ve ever felt like you’re getting mixed messages from the media when it comes to how the U.S. is handling its consumer debt, you aren’t alone. Bankrate cites a recent report by CreditKarma.com that notes that U.S. consumer credit card debt was down 8 percent from December 2011 to January 2012. Yet according to
Coupons

Reselling your unusable coupons

If you are a deal hunter, you likely have a folder, book or file of coupons that you intended to use, but may not get to. Rather than losing the full amount you spent on the coupon, a bevy of new services have popped up to help you sell those coupons. Knowing when to sell
Credit Report

Debt collectors on CFPB watch list

With the recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau, financial service firms have a new sheriff in town. Debt collectors and credit reporters have just been added to the agency’s watch list. Off to a flying start The Consumer Financial Protection Bureau was created in the Dodd-Frank Act, but
Food

Being hungry can make you take more risks

We all know the first basic tenant of saving money: don’t go grocery shopping hungry. Research, however, has shown that being hungry can generally lead to much more risky financial decisions. The effects of hunger Being hungry has many effects on our bodies. The first and most often-cited study on this phenomenon was published in
Labor Department

Unemployment applications drop to lowest since 2008

According to the U.S. government, the number of people applying for unemployment benefits dropped last week to its lowest point since 2008. The number of unemployment applications is one of the nation’s best barometers of employment growth or decline. The steadily dropping figure points to fewer layoffs and more hiring as the U.S. jobs market
A CT scanning machine

Medical overtreatment costing consumers billions per year

A study recently appeared in the Annals of Internal Medicine asserting the problem with the costs of health care is overtesting. People are undergoing too many tests and having too many procedures, resulting in unnecessarily huge bills. Art imitates life In the novel “The House of God,” a medical school graduate begins an internship at
wedding

Wedding insurance policies becoming more common

According to the website Cost of Wedding, the typical wedding in the U.S. today costs about $26,542. And what happens if, after putting down thousands on a reception venue months in advance, the hall files for bankruptcy? More and more often, engaged couples are opting to take out wedding insurance to guard against such events.
A Home Depot store

PayPal looking to bring payment system to more stores

Online and mobile payment system PayPal recently debuted a line of point-of-sale systems at select Home Depot stores, enabling customers to use PayPal instead of debit or credit cards. The company is looking at bringing its payment network to more retailers. Home Depot gets new hardware PayPal, the ubiquitous online and mobile payment system, has
Sold

More parents helping their adult children buy homes

For people under the age of 35, this economy has hit especially hard, with unemployment numbers double the national average. For 20 percent of parents of young adults, the tough economy has been one factor in their decision to help their children buy a house Baby boomers helping children According to a December survey by
A dog licking plates clean that are inside an open dishwasher.

How to save money on laundry and dish detergent

Saving money at the grocery store is a concept that can extend to every item you regularly buy. This includes dishwasher and laundry detergent, notes Bankrate. Some consumers extol the virtues of single-use dishwasher and laundry detergent – aka pods or squares – but the truth is that standard dishwasher detergent or even homemade detergent