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The Treasury Department is pressuring banks to do more to modify troubled mortgage loans. Depositors in CDs, savings, and money market accounts have to wonder when it will be their turn to get special breaks.
Despite an improving economy and some early...
Chairman of the Federal Reserve Ben Bernanke has been loudly declaring that inflation is not a problem and will not be for at least a year and change. Libertarian Congressman Ron Paul vociferously disagrees.
If you keep money in savings accounts, CDs,...
Traditionally, the Friday after Thanksgiving is one of the quietest and calmest of the year in the U.S. financial markets. Not this year. News that Dubai was looking to delay payment on $60 billion in debts rocked the stock market and sent bond yields...
If you’ve got CDs, savings accounts, and money market accounts, you’re likely concerned about the decline in the value of the U.S. dollar. It can be very frustrating to be not only receiving low interest rates on your savings, but also to be perceiving...
The Quarterly Banking Profile from the Federal Deposit Insurance Corporation (FDIC) showed a dramatic de-leveraging of bank risk levels in the third quarter of 2009. This is a necessary step in curing part of what ails the banking system — but it is a...
