Personal Finance News
News on Personal Finance continually updated from thousands of sources around the net.
1 hr ago | Connecticut Post
Despite the economy's recovery since the 2008 financial crisis, small businesses still have difficulty securing credit, according to a survey released by the Federal Reserve Bank of New York.
4 hrs ago | Inside Bay Area
As the housing crisis pummeled struggling homeowners, scammers pounced. They offered "easy" loan modifications and "foreclosure counseling" that were often nothing more than attempts to wrest money from distressed consumers.
8 hrs ago | CBS Local
"It's ironic because these are trained fighters and they can find themselves in a battle they are not prepared for," said attorney Cynthia Hawkins Clark.
11 hrs ago | News Max
President Barack Obama is asking Americans this Labor Day to think about the rights and benefits that people often take for granted.
Montreal authorities struck back Friday with a barrage of suspensions and criminal charges against municipal employees accused of storming city hall during a pension protest.
Germanwings started a six-hour strike on Friday, disrupting the travel plans of thousands of people returning from summer holidays, applying pressure on Lufthansa management in their dispute over a pension scheme.
Kiwibank, the state-owned lender, lifted annual profit 3 percent as it widened net interest margins, and is looking to start paying dividends to its owner in the next three years.
The Sunshine State looks pretty shady in Ramin Bahrani's Orlando-set drama, one of 20 films competing for prizes at the Venice Film Festival.
The slowdown in house price growth of recent months could have been short-lived, with home costs accelerating in August.
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The gap between house sellers' asking prices and the amounts that buyers are willing to pay is widening in growing signs of a cool down in the market, property analyst Hometrack has reported.
Laurentian Bank reported Thursday a third-quarter profit of $40.1 million, up from a year ago, helped by its commercial banking business.
Mortgage company Freddie Mac also said Thursday that the average for a 15-year mortgage, a popular choice for people who are refinancing, rose to 3.25 percent from 3.23 percent.
More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.
U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
The Royal Bank says housing was more affordable across Canada in the second quarter as low mortgage rates offset solid price increases.
Updated: Sat Aug 30, 2014 05:13 pm
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