Less than two weeks remain to submit comments to the Federal Reserve about bank overdraft fees, the charge assessed when you overdraw on your checking account. On the table are new regs for how the fees are levied.
Currently, most banks offer some kind of overdraft program, according to a study by the FDIC. The problem is [...]
Treasury Secretary Tim Geithner is on Capitol Hill today, testifying before the House Financial Services Committee. The headline news is how he’s calling for establishment of a single regulator to manage system-wide risk in the financial markets and regulate firms whose failure would be catastrophic for the economy.
But there’s another part of his prepared testimony [...]
As Washington dives into the great health care reform debate v. 2.0, Fidelity Investments released its latest estimate of health care costs for retirees.
If you’re not sitting down, we’ll wait.
Okay, here goes: A 65 year old couple retiring in 2009 will need about $240,000 to cover their health care costs in retirement. Yes, nearly a [...]
There are some ads for Citibank out now which annoy me nearly as much as those AIG ads I posted about a little while ago. In the ads — arty productions, with up-to-the-minute indie rock soundtracks — an assortment of everyday people pass on their little money-saving tips to friends. One guy tells an [...]
You wouldn’t remember anyone’s birthday without Facebook, and your resume and contacts on LinkedIn have led to several good job leads. So while there’s no doubt social networking sites can be a huge time suck, they certainly have their advantages. Now it’s time to turn your attention to Twitter—because it just might save you some [...]
