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Banks Still Making Billions In Overdraft Fees
The Consumer Financial Protection Bureau released a study which shows bank overdraft fees are costing consumers hundreds of dollars per year even with new regu...
Mileage Milestones Affect Used Car Pricing
There are a number of factors which determine used car pricing like vehicle age and engine size. Mileage is also important, especially since it depreciates as soon as it's driven off of the lot, but not just total miles driven. Mileage milestones, a...
Credit Bureaus Detect Fraud Using Facebook
The three major credit bureaus in addition to other companies are increasingly using social media for business purposes. A wealth of publicly available social data cross-referenced with traditional sources like bank records and credit card statements...
Young Adults List Debt As Biggest Financial Concern
Wells Fargo Retirement reveled information from a recent survey involving more than 1,400 adults between the ages of 22 and 32, and a little more than 1,000 baby b...
Hotels Raise Prices, Eliminate Services
Cutting services at customer expense is no longer limited to the airline industry. While travelers are trying to reduce expenses when going on vacation, Hotels are reacting accordingly. In order to increase profits, hotels are focusing on what cust...
Are Banks Different From Payday Lenders?
The answer unfortunately is, no - not really. Payday lending can be a very profitable business model with high profit margins. Organizations that offer payday and title loans receive inordinate amounts of negative press since they charge relatively h...
Twitter Hack Drops Stock Market 150 Points
Hacking Twitter accounts has become something of a common occurrence of late and The Associated Press is the most recent victim. Unlike celebrity accounts however, the tweet had an immediate and significant impact on the stock market.
On Tuesday a...
Redesigned $100 To Be Released In October
The Federal Reserve announced the newly redesigned $100 bill will enter circulation in the fall of 2013. This will be the last denomination to be redesigned after the $5, $10, $20 and $50 received updates starting in 2003. The first bill to be redesi...
Record Price For Honus Wagner Baseball Card
One of the most highly sought after baseball cards of all time was sold for a record $2.1 million. Often referred to as the "Holy Grail" of baseball cards, the 1909-11 T206 Honus Wagner once again proved its worth. The baseball card of Pittsburgh Pi...
Near Record Wheat Crop May Lower Prices
Droughts and heat waves have severely impacted global grain supplies in the last few years but recent production has reversed this trend. The United Nations estimates output will climb 4.3 percent to 690 million metric tons which is about 10 million ...
Home Prices Climb At Fastest Rate Since 2006
The US housing market is continuing to increase in strength and is growing at its fastest pace in almost 7 years. The S&P/Case-Shiller index of property values in 20 cities increased 8.1 percent in January from the same month in 2012. This was alrea...