Personal Finance News

Due to the extreme penalties behind missing jury duty, scammers are preying on victims' fear of legal action by pretending to be "jury duty coordinators" questioning consumers about recent jury duty summons.

Sen. Tom Harkin on Thursday introduced S. 985, which would rebuild the wall that had once separated commercial banking from brokerage and investment speculation.

President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress' nonpartisan budget analyst said Friday.

A member of the Elks Lodge #2714 in Sebastian used the group's money to gamble at adult arcades, according to the Sebastian Police Department.

Luzerne County Controller Walter L. Griffith Jr. was arraigned today on charges he illegally recorded three conversations without consent from numerous people.

The debt ceiling clock is about to start running again. The U.S. Treasury on Friday will begin using "extraordinary measures" to keep the country from defaulting on its obligations.

Total U.S. money market mutual fund assets fell $1.04 billion to $2.582 trillion for the week that ended Wednesday, according to the Investment Company Institute.

Boomers lost a significant chunk of their retirement nest eggs in the recession, but it was members of Generation X who were really hit the hardest, according to a report released Thursday.

No one won Wednesday night's Powerball drawing, which is good news for somebody: There will be an even bigger drawing on Saturday night.

Americans may be living longer, but our retirement plans aren't keeping up. Which means people are living longer with smaller bank accounts.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows.

Oregon House Speaker Tina Kotek on Wednesday backed off her refusal to allow steeper cuts to public-employee retirement benefits, potentially paving the way out of a stalemate that has stalled budget progress for weeks.

As student loan borrowers are getting crushed under massive student debt, the federal government's student loan program is set to turn about $51 billion in profit, according to predictions from the Congressional Budget Office .

Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.

Patch has launched a new site to educate and empower small businesses with the digital tools, social media strategies and marketing know-how needed to ensure long-term growth.

For the second time in the last three years, estimated medical expenses for new retirees have fallen, according to a study released Wednesday by Fidelity Investments.

Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.

Home sales have fallen across Canada and new housing starts are also down, but Finance Minister Jim Flaherty says he is not worried, calling the slowdown a "healthy'' development.

A New York appeals court dismissed a case against Goldman Sachs Group Inc brought by a bond insurer who claimed it was fraudulently induced to insure the bank's Abacus product tied to subprime mortgages.

An immigrant who's spent most of his life in northeast Ohio man will no longer face deportation after authorities finally cleared him of a crime that occurred four decades ago.