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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

1 hr ago | 101.5 CIL-FM

Unions Want Expedited Ruling On Pension Lawsuit

A coalition of labor unions and state retirees is asking a judge for an expedited ruling in a case challenging the constitutionality of Illinois' pension law.


Related Topix: Pension

6 hrs ago | KSFO AM 560

Obama Talks Economic Recovery in Weekly Presidential Address

He emphasizes the economy's six-month streak during which at least 200,000 new jobs have been created each month.


Related Topix: Small Business

10 hrs ago | Denver Post

Stocks are mostly lower as Ukraine tensions flare

The stock market paused Friday, after four days of gains, following a speech by Federal Reserve Chair Janet Yellen that left investors unsure about how the nation's most important financial voice feels about raising interest rates in the coming months.


Related Topix: Financial Markets, Mortgage

Fri Aug 22, 2014

KSDK-TV Saint Louis

Man cashed dead dad's checks for 30 yearsMan cashed dead dad's checks ...

A man who cashed his dead father's retirement checks for nearly 30 years and pocketed roughly half a million dollars has been sentenced to a year of home confinement, followed by two years' probation.


Related Topix: Retirement, White Plains, NY, Train Disaster, Briarcliff Manor, NY

WFAA-TV Dallas

Goldman in deal worth $1.2B over US bond claims

Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.


Related Topix: Goldman Sachs, Financial Services, Investment Services, Home, Mortgage

Goldman paying $3.15B over US mortgage bond claims

Goldman Sachs has agreed to pay $3.15 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.


Related Topix: Goldman Sachs, Financial Services, Investment Services, Mortgage

Globe and Mail

CRA launches tax app for small and medium-sized businesses

Taxes may foster fear and panic among many small and medium-sized businesses owners in Canada, but a new government initiative aims to make them less of a pain in the app.


Related Topix: They, _No Company, Video Games, Small Business

Salisbury Journal

Fresh talks in firefighters dispute

Fire Brigades Union general secretary Matt Wrack will meet fire minister Penny Mordaunt to discuss issues at the heart of the conflict Union leaders are to meet a Government minister for fresh talks today in a bid to break the deadlock over the long-running firefighters' pensions dispute.


Related Topix: Pension


Oracle CEO Larry Ellison turns 70 with no retirement in sight

Oracle Corp Chief Executive Larry Ellison introduces the Oracle Database In-Memory during a launch event at the company's headquarters in Redwood Shores, California June 10, 2014.


Related Topix: Startups, Oracle Corporation, Lawrence Ellison, Social Security, Cloud Computing, Science / Technology, Salesforce, Assistly

Thu Aug 21, 2014

Unexpected summer blockbuster: Chinese stock funds

Surprise: One of the summer's hottest investments was also one of the most anxiety-inducing a few months earlier.


Related Topix: Mutual Funds, Financial Markets

Brandon Sun

Justice Dept. announces nearly $17 billion mortgage settlement with Bank of America

Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds - $7 billion of it geared for consumer relief - offers a glint of hope for desperate homeowners.


Related Topix: Banking, Bank of America, Financial Services, Home, Mortgage, Financial Markets, Foreclosures, Non-Profit

Brandon Sun

Most who contest benefits decisions win their appeals, tribunal says

The majority of ailing Canadians who have appealed an initial decision to deny them Canada Pension Plan disability benefits have won their appeals, the country's new social security tribunal says.


Related Topix: North America, Canada, World News, Social Security

Christian Science Monitor

S&P 500 approaches new record as stocks rise

Trader Edward McCarthy, left, works on the floor of the New York Stock Exchange, Thursday, Aug. 21, 2014.


Related Topix: Financial Markets, Hewlett Packard, 9, Home, Mortgage

Cybercast News Service

US existing home sales rise for 4th straight month

Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.


Related Topix: Home, Home Selling, Housing, Real Estate, Mortgage, Foreclosures

Long Island Business News

Is a home equity line of credit a fit for you?

The trend, fueled by the two-year housing recovery, has helped spur many borrowers to take out a home equity line of credit against the value of their home.


Related Topix: Housing, Home, Mortgage


Types of social security benefits

Social Security isn't just for retired people. The program also pays benefits to the disabled, widows and widowers, children, stepchildren, divorced spouses and others.


Related Topix: Social Security, Education Etc.

Wed Aug 20, 2014


Self-Employment 'Is A Ticking Time Bomb'

The rise of self-employed workers risks a 'pension ticking time bomb' for blue collar workers, a union has warned.


Related Topix: Pension, Business News

Daily Journal

Women small business owners struggle to get loans

Women are a growing force in the business world, but if they own a company, they may still struggle to get a loan from a bank.


Related Topix: Small Business, Commerce Township, MI

WZVN-TV Fort Myers

APNewsBreak: BofA reaches $17B settlement with US

Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.


Related Topix: Home, Mortgage, Foreclosures, Banking, Financial Services, CitiMortgage, Citigroup, JP Morgan Chase


Bank of America Reaches $17 Billion Settlement With U.S.

Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.


Related Topix: Home, Mortgage