Tag: personal finance

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It's official: Bank of America cancels plans for $5 monthly debit card fee

In the face of protests and customer displeasure, Bank of America will abandon its plan to implement a $5 per month fee for users of their debit cards. The story was broken by Reuters....
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Bernie Madoff and his wife attempted suicide, Ruth Madoff reveals in interview

In interviews with 60 Minutes and the New York Times, Ruth Madoff admitted for the first time that she and Bernie Madoff attempted suicide shortly after his Ponzi Scheme began to unravel....
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The Tavis Smiley Show's "Poverty in America" – Seniors

9 million older adults don't know where their next meal is coming from. Making ends meet is a daily struggle....
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Bank foreclosures picking up pace; mortgage modification programs fail

A new investigation has discovered that the much ballyhooed home mortgage modification programs have all failed and now banks are picking up the pace of foreclosures....
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High-tech companies say they can't find people to hire

High-tech companies say it’s difficult to find and recruit talent, because there is a dearth of qualified engineers and other technical job seekers....
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Behind Bank of America's decision to charge debit card fee

Bank of America's announcement of a $5 monthly fee for debit cards comes days before provision that limits fees to merchants for debit card transactions....
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Recent Bloomberg ruling a blow for working moms

Judge rules in favor of Bloomberg LP -- the company's female employees claimed it had discriminated against them in pay and promotions after they took maternity leave....
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France's super-rich: Raise our taxes, s'il vous plait

Instead of avoiding taxes during tough economic times, France's super rich have signed a petition asking the government to raise their taxes. ...
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Current generation could be less educated than parents

Higher tuition and less financial aid could result in today's college-age Americans becoming the first generation less educated than their parents....
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Capping CEO salaries to fix the economy

Billionaire CEO Warren Buffett says increase taxes for the rich, but maybe capping CEO salaries is a better fix for the economy....
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