The Latest Debt & Finance Blog
Economists are increasingly optimistic this month as more than 163,000 new jobs were added to the American market in July, the highest figure in the past five months. This number…
There’s no denying that a nationwide consumer debt crisis continues to wreak havoc on middle- and lower-class households. But those on opposing sides of the political spectrum disagree about how…
Over the past few years, millions of older Americans have found themselves in a much more challenging financial position than they ever imagined. The American Dream, which once included a…
Conservatives and liberals agree that high levels of national consumer debt continue to deter financial freedom and stifle the economy as a whole. But those with opposing political views disagree…
Millions of Americans may be taking home a few less dollars next year, as a major tax cut may soon disappear. The payroll tax break, first enacted in 2010 by…
What a difference a few years can make in the typical American household. The Federal Reserve recently announced that the median U.S. household lost nearly 40 percent of its wealth…
Homeowners facing potential foreclosure with mortgages backed by Fannie Mae and Freddie Mac will not be getting any principal-reduction bailouts, based on a decision announced this week by the Federal…
More than 2 million Capital One credit card customers can expect to receive money back this year after a recent investigation completed by the Consumer Financial Protection Bureau (CFPB) revealed…
After years with little or no oversight, more than 30 U.S. consumer reporting firms will fall under the eye of the Consumer Financial Protection Bureau (CFPB) starting September 30. It…
Between mortgages, home equity loans, credit cards and hospital bills, millions of Americans are said to be living on the financial edge, deep in debt. Companies and banks, frustrated with…
Sources:
- Kurtzleben, D. (2012, August 3). Hiring Increases, But Jobless Rate Inches Up to 8.3 Percent. Retrieved from: http://www.usnews.com/news/articles/2012/08/03/hiring-increases-but-jobless-rate-inches-up-to-83-percent-in-july?s_cid=related-links:TOP
- Rugaber, C. and Wiseman, P. (2012, August 3). US Hiring Picked up in July; So Did Unemployment. Retrieved from: http://abcnews.go.com/Business/wireStory/us-hiring-picks-july-163000-jobs-added-16923135
- Sherter, A. (2012, August 3).Job-creation picks up steam in July. Retrieved from: http://www.cbsnews.com/8301-505123_162-57486029/job-creation-picks-up-steam-in-july/