“Strategic Default” is never strategic! A recent study, Chicago Booth/Kellogg School Financial Trust Index, estimates that 36% of Americans think walking away is a viable option when they owe more on their home than what…
President Barack Obama’s Democrats on Monday moved beyond their earlier proposals to cut U.S. spending in an attempt to revive stalled budget talks that would avert a government shutdown. The latest White House plan would…
The Employee Benefits Research Institute has issued the 2011 Retirement Confidence Survey. And the answer is: We are not confident. This seems to be, one could argue, an acknowledgment of the obvious. One statistic that…
NEW YORK–More than a year after signing it away, John Cuartas, a 51-year-old Colombian immigrant, still visits the home his family lost to foreclosure. Like many New Yorkers affected by the foreclosure crisis, Cuartas now…
Getting to the end of your 1040 form and finding a balance due isn’t fun, though at least you can pat yourself on the back for not having made a free loan to the U.S.…
Are we there yet? Is the U.S. home market on the upswing? As Alan Greenspan would say, “there are shoots,” although a true spring in housing is still hampered by a chilly economic climate throughout…
Menteri Koordinator Perekonomian Hatta Radjasa menyampaikan, Indonesia ke depannya harus mengubah pola perdagangan khususnya di dunia Internasional. “Mind set kita tidak bisa bisnis as usual tetapi thinking out of the box,” ujar Hatta di Jakarta,…
They say everything is bigger in Texas – and apparently that includes debt, according to a new ranking of U.S. cities with the highest credit card balances, released by Experian. San Antonio tops the list…
Banks received a proposal from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgage borrowers, the Wall Street Journal said, citing people familiar with the matter.…
The overriding factor for not letting your home foreclosure is a minimization of loss and liability. Foreclosure will do nothing more than increase the harm done and increase your short, medium and long —term loss,…
Harga emas dunia terus melambung hingga menyentuh harga tertinggi sepanjang sejarah, US$1300 per ons. Dalam satu dekade, harga emas telah melambung dari US$275 per ons pada awal 2000 menjadi US$1.300 per ons pada akhir…
New York, Saham-saham Amerika Serikat pada Jumat waktu setempat kehilangan hampir setengah dari keuntungannya yang diperoleh dalam lonjakan Kamis, karena gejolak Timur Tengah dan harga minyak yang tinggi menutup berita ekonomi positif menjelang akhir pekan,…
NEW YORK — That big sucking sound you heard last week? That was the air being taken out of the housing market by a slew of bad reports followed by some dire predictions by an…
The loose monetary policy in the United States is little better than “a narcotic” and will harm the rest of the world more than it helps Americans, a former Chinese vice commerce minister told Reuters.…
Washington — Despite significant cost-cutting, the U.S. Postal Service has “an inflexible business model” that will make it unable to pay huge bills without legislative fixes, the postmaster general testified Wednesday. The agency cut $3…
Here are 9 credit cards that industry experts told CNNMoney are among the worst in America for their sky-high interest rates and ridiculous fees. Applied Bank Unsecured Visa Gold Card The Applied Bank Unsecured Visa…
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