Filed under: Economy, Biz Brief, Banking, Debt
Slovakia, the Central European country that didn’t exist before 1993, looked set on Tuesday to reject the expanded eurozone bailout upon which global investors were pinning their hopes for world financial stability.
Filed under: Economy, Biz Brief, Banking, Debt
Slovakia, the Central European country that didn’t exist before 1993, looked set on Tuesday to reject the expanded eurozone bailout upon which global investors were pinning their hopes for world financial stability.
Filed under: Technology, Economy, Netflix, Debt
A round-up of news from across the financial world:
Filed under: Bank of America, Citigroup, Video, Banking, Consumer Ally
While thousands of Americans unleash their anger at big banks in protests around the country, many more are registering their dissatisfaction at their keyboards.
Filed under: Economy, Health Care, Insurance, Personal Finance
The second in a two-part series on breast cancer costs.
Filed under: Economy, Personal Finance, Debt
In the current cloudy economy, finance experts and everyday folks are constantly hunting through the news and statistics for silver linings. So it would surely seem a good thing that in the first nine months of this year, personal bankruptcy filings decreased 10% compared to a year earlier, according to the American Bankruptcy Institute — but experts say hold the applause.
Filed under: Goldman Sachs , Bank of America, Citigroup, Wells Fargo & Co, Banking
Last week, Bank of America (BAC) ignited a firestorm of controversy in choosing to start charging its customers $5 a month to use their debit cards. Now, an angry consumer group has called for a federal investigation over the practice.
Filed under: Health Care, Insurance, Personal Finance
Marci found a lump in her breast in April of last year. She went to the doctor the next day.
Filed under: Banking, Personal Finance
Last Friday, after Bank of America’s (BAC) announcement of new fees on debit cards, retired postal worker Victoria Lee took her adult daughters to her local USPS Credit Union. “[My daughters opened] free checking accounts with no charges for the use of debit cards,” Lee said. Like many Americans who are carefully watching every dollar, the Florida resident said she was grateful to have an alternative to retail Wall Street banks.
Meanwhile, a record-breaking 3,200 new checking accounts were opened over the weekend at the Navy Federal Credit Union, the world’s largest credit union with 3.7 million members and nearly $48 billion in assets. The weekend surge — which crushed the previous high of 2,500 — fits into a larger trend for the credit union, which serves the Department of Defense and active duty military. It has had annual growth between 6.3% and 6.7% since 2007, and is on track to record a 14% uptick in membership this year, said Tisa Head, the senior vice president of savings products. In addition to its fee-free debit cards and accounts, another driver for the year’s projected double-digit membership increase has been the credit union’s willingness to post pay early for active duty members who use the Active Duty Checking account.
Filed under: Health Care, Insurance, Personal Finance
Marci found a lump in her breast in April of last year. She went to the doctor the next day.