Bank of America gave up about $6 billion in annual revenue by phasing out risky consumer banking products and eliminating certain fees.» Read More
While salaried employees worked if they could, often from home after Hurricane Sandy, many of the poorest New Yorkers faced the prospect of losing days, even a crucial week, of pay on top of the economic ground they have lost since the recession. The New York Times reports.
The Amex and Wal-Mart venture could change what it means for the long-term viability of the prepaid card market’s old guard.
Property owners who are ready to move to a less flood-prone area may find relief in a new program.
Callers touting hurricane-related investments may be scam artists capitalizing on the storm.
Home owners in Sandy's path face an unpleasant reality: property damage caused by flooding is unlikely to be covered by insurance.
Retailers are relying on part-time workers, a trend that has frustrated millions of Americans who want full-time jobs.
Americans are taking on more debt than they are shedding, indicating a more resilient recovery is near.
A new study suggests that many workers are waiting to retire at least until they are eligible for Medicare.
Nowadays, however, neither customers or banks are feeling the love. Click ahead to see the fees that are causing the most trouble for banks and their customers.
There’s more to high-school popularity than just being elected prom-king or prom-queen, a recent study from a top economic research organization has found.
Renters pay less than homeowners, says a new study, but housing eats up a bigger slice of the spending pie for both groups than 25 years ago.
QTIPs, are often used to guarantee an inheritance to children of an earlier marriage.
The calculation is stark: how much should they budget to spend each year when they could live another 20, 30, perhaps 40 years?
The credit card network is helping marketers target customers who are more likely to buy their products and services.
Federal and state regulators are documenting new instances of abuse in reverse mortgages as smaller mortgage brokers, including former subprime lenders, flood the market.
Many banks aren't being upfront about their checking-account fees and are even charging more for some basic functions.
Health-care experts say there's legitimate concern a law will end up encouraging businesses to cut workers' hours.
A survey found that 69 percent of U.S. workers are either "actively seeking" a new job or "open to" a new job.
The honor of winning a Nobel often obscures the impact it makes on the recipients' personal finances.
Few people factor in rising health care costs into their retirement plans, studies show.
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