Add to MyYahoo RSS

Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

2 hrs ago | The Town Talk

Social Security spent $300 million on 'IT boondoggle'

Six years ago, the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.


Related Topix: Social Security, McKinsey, Consulting, McKinsey & Company, US Politics, US News, Republican, US House of Representatives, Darrell Issa, Representative Jim Jordan, Representative James Lankford

3 hrs ago |

Former trader gets 2 years in prison for fraud

"This was a market that was dead in the water," Judge Janet Hall told Litvak. "This was a market that existed because of taxpayer money and you were in effect taking advantage of it through fraud."


Related Topix: Prison, Criminal Defense Law, Law, Home, Mortgage, Financial Markets

5 hrs ago | Northern Michigan News

US economy, though sluggish, may now be sturdier

Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.


Related Topix: Credit Card Debt, Home, Mortgage, University City, MO

5 hrs ago | San Jose Mercury News

Fair Trade brings big sales and a clear conscience

Ninety percent of the coffee the New York-based company sells is Fair Trade -- certified as produced by people who are treated and paid well.


Related Topix: New York, Small Business, Marketing, Business News

7 hrs ago | Reuters

NY judge throws out lawsuit by Empire State Building investors

A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.


Related Topix: REIT

11 hrs ago | Cybercast News Service

Women business owners face gender gap, report says

Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.


Related Topix: Small Business, US Politics, Maria Cantwell, US News, US Senate, Democrat

15 hrs ago | Myrtle Beach Online

Lowcountry groups hold another homeowner workshop

The Dorchester Prosperity Center in Summerville is holding the Wednesday event, working with the Trident United Way, Palmetto Goodwill and Family Services, Inc. The groups held a similar workshop last month and because of the large number of people who attended, a second session was organized.


Related Topix: Non-Profit, Home, Mortgage, Myrtle Beach, SC, Business News

Tue Jul 22, 2014

The Modesto Bee

SEC poised to end $1 a share for some money funds

The idea is to minimize the risk of a mass withdrawal from the funds during a financial panic.


Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Mutual Funds, Business News

Merced Sun-Star

Undercover probe finds health law failings

The nonpartisan Government Accountability Office says its undercover investigators were able to get subsidized health care under fake names in 11 out of 18 attempts.


Related Topix: Healthcare Law, Law, US Politics, US News, Barack Obama, Dave Camp, Republican, US House of Representatives, Social Security

KING-TV Seattle

Winning calls by Levy forecasters over decades

It's a forecast so out of the mainstream, it's hard to believe: a U.S. economy in recession next year, triggered by steep downturns abroad.


Related Topix: Mutual Funds, Seattle, WA

Sacramento Bee Newspaper

Homes sales improve but stress remains

Sales of existing homes improved for the third consecutive month in June, the National Association of Realtors reported Tuesday in one of several new data points that suggest a steadily better economy.


Related Topix: Real Estate, Housing, Home, Home Selling, Mortgage, Foreclosures


JPMorgan begins to provide consumer help under $13 billion settlement

JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year's $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a monitor of the deal said in a report released on Tuesday.


Related Topix: Banking, JP Morgan Chase , Home, Mortgage

The Wichita Eagle

US home sales increase 2.6 percent in June

In this July 10, 2014 photo, a mailman delivers mail to a house for sale in Quincy, Mass.


Related Topix: Housing, Quincy, MA, Real Estate, Home, Home Selling, Mortgage

US home sales increase 2.6 percent in June

The National Association of Realtors says that sales of existing homes increased 2.6 percent to a seasonally adjusted annual rate of 5.04 million homes.


Related Topix: Housing, Real Estate, Mortgage, Home

The Raw Story

Detroit workers, retirees vote in favor of city's debt plan

Detroit's city workers and retirees overwhelmingly agreed to accept the city's debt adjustment plan, according to results filed late Monday, potentially clearing the way for the struggling city to exit bankruptcy in the next few months.


Related Topix: Economics News, Bankruptcy, Pension

Business Journal

Mortgage, tax charges hit BB&T earnings

BB&T booked net income of $425 million in the second quarter, down from $547 million a year earlier in part due to $88 million worth of mortgage and tax-related reserve adjustments.


Related Topix: Home, Mortgage, BBT, Banking, Financial Services

Mon Jul 21, 2014

Deseret News

Consumers are padding their checking accounts

With wounds from the Great Recession still fresh, chastened Americans are hoarding more cash in their checking accounts than at any time in the last 25 years.

1 comment

Related Topix: Home, Mortgage

Hillingdon Times

New low in youngsters buying homes

Just 3% of those buying property in June were aged 18 - 30, according to the National Association of Estate Agents , the lowest it has ever recorded.


Related Topix: Mortgage, Home

Judge tosses Wisconsin senator's health care suit

Sen. Ron Johnson, a Wisconsin Republican, filed the lawsuit in January after the Office of Personnel Management decided months earlier that lawmakers and their staffs should continue to receive health care benefits covering about 75 percent of their premium costs after leaving the health insurance program for federal workers.


Related Topix: US Politics, US News, Senator Ron Johnson, US Senate, Republican, Health Insurance, Health, Small Business

Pennsylvania sees 3rd rating downgrade in 2 years

New York-based credit ratings agency Moody's Investors Service dropped Pennsylvania's $11.1 billion of general obligation bonds a rung on its rating ladder, from Aa2 to Aa3, leaving it ranked among the six worst states in Moody's ratings for the 47 states with general obligation debt.


Related Topix: US Governors, Tom Corbett, Pension, Financial Services, Moodys, Financial Markets, US News