Choosing the 'Default Option' Can Save You a Bundle by Adam J. Wiederman Jun 17th 2013 12:00PM The "default option" is an arbitrary way to opt into a decision that you probably should make, but don't always make. And those defaults can save you a ton of money over time.
As Interest Rates Rise, Banks Face New Stress Tests by CNNMoney Jun 17th 2013 9:01AM Banks have mostly been tight-lipped about what rising interest rates would mean for earnings, but they'll soon have to open up a little more to regulators and investors.
Investors Seek Clarity Not Confusion from Bernanke by Reuters Jun 17th 2013 7:09AM With stocks on a downward trend after his recent congressional testimony, Fed Chairman Ben Bernanke must find a way to soothe investor jitters.
3 Easy Moves to Help You Keep Your Budget Balanced by Dan Caplinger Jun 17th 2013 5:00AM To ensure your budget will get the job done, here are three key areas where you can hopefully reap some savings.
3 Easy Ways to Avoid Overdraft Fees by Dan Caplinger Jun 12th 2013 5:00AM Overdraft fees and other insufficient funds charges are taking a big bite out of our wallets. Here are three easy strategies to help you avoid handing that cash to your bank.
CFPB: Opting for Overdraft Protection Means Higher Fees by The Associated Press Jun 11th 2013 10:25AM The government says consumers who opt for overdraft coverage on checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it.
SEC's 698-Page Plan to Prevent Bank Runs Boils Down to 2 Words by Rich Smith Jun 10th 2013 5:00AM In 2008, respectedReserve Primary Fund "broke the buck" and investors lost money they thought was totally safe. Now, the SEC wants to prevent a repeat.
Why We May Never See 3% Mortgage Rates Again by CNNMoney Jun 6th 2013 6:52AM Those who didn't take advantage of record-low mortgage rates have missed the boat -- at least for now. Here's why.
'It's MY Money, Mom': What to Do When Kids Get Cash Gifts by Michele Lerner Jun 5th 2013 1:15PM That birthday check from grandma is more than a present -- it's an opportunity to start letting your child learn how to handle money in the future.
Fed Official: Policymakers May Have to Alter Course by Reuters Jun 5th 2013 6:39AM The Fed is poised to evaluate and potentially make changes to its massive monetary stimulus, says a top agency official who is critical of the Fed's bond-buying program.
Why Regulators May Be Eyeing Your Insurer Like a Bank by The Associated Press Jun 4th 2013 6:42AM Federal regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter government oversight.
86% of Americans Can't Ace This Simple Personal Finance Quiz. Can You? by Business Insider Jun 3rd 2013 2:00PM A new survey by FINRA found that 75% of U.S. adults say they're pros at managing their finances, but only 14% managed to ace a five-question quiz on basic financial concepts.
In the Student Loan Battle, Neither Plan's a Win for Borrowers by Bruce Watson Jun 3rd 2013 5:00AM As President Obama takes aim at Congress' student loan proposal, it becomes clear that neither side is offering a flawless plan.
Checking Account Check-Up: How Does Your Bank Rank? by CNNMoney May 31st 2013 1:00PM When it comes to checking accounts, all banks are not created equal -- but which one has the best policies for you? The Pew Charitable Trusts has some answers.
In Search of the Elusive Zero-Percent Interest Rate Credit Card by Tim Beyers May 27th 2013 5:00AM "Free money": If you have good enough credit, chances are you get offered it all the time, through no-interest credit card offers. Here are the best ways to take advantage.
House Bill Would Peg Student Loan Rates to Financial Markets by The Associated Press May 23rd 2013 6:42AM House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.
Bernanke Signals Fed Will Keep Stimulus in Place by The Associated Press May 22nd 2013 10:55AM Fed Chairman Ben Bernanke tells Congress that the U.S. job market remains weak and that it is too soon for the central bank to end its extraordinary stimulus program.
Consumer Spending Forecast to Boost U.S. Economy by The Associated Press May 20th 2013 6:08AM Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
Google Wants to Let Us Say: 'The Check Is in the Email' by Eamon Murphy May 17th 2013 2:40PM If you use Google Wallet, you'll soon be able to send people money using Gmail, attaching a dollar amount to a message just as you might a photo or a PDF.
How I 'Stole' $14 Million From a Bank: A Security Tester's Tale by CNNMoney May 16th 2013 10:00AM In early 2010, Nish Bhalla sat down at his computer with one objective: steal a huge amount of money from a bank.
Today's Billion-Dollar Start-Ups Should Be Thanking the Fed by CNBC May 15th 2013 12:00PM The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
Bernanke: Fed Increasing Oversight Beyond Banks by The Associated Press May 10th 2013 10:50AM The Fed has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another crisis, Chairman Ben Bernanke said Friday.
Global Hacker Network Stole $45 Million from ATMs by The Associated Press May 10th 2013 8:11AM Seven people were arrested in the U.S., accused of operating the New York cell of what prosecutors said was a network that carried out thefts at ATMs in 27 countries.
Is Online Banking Right for You? by Business Insider May 6th 2013 5:00AM Online banking may be a growing trend, but that doesn't mean it's right for everyone. Here are the pros and cons of keeping your cash in a traditional versus online bank.
8 Ways to Spot Counterfeit Money by 24/7 Wall St. May 3rd 2013 10:30AM The new $100 bill is designed to thwart counterfeiters, but that won't stop them from trying. To protect your wallet, learn the experts' rules for recognizing funny money.
Fed Sticks to Stimulus Plan, Warns Growth Hampered by Budget Cuts by Reuters May 1st 2013 2:22PM The Fed is sticking with its bond-buying plan to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.
Public vs. Private Student Loans: Why the Differences Matter by Bruce Watson May 1st 2013 11:51AM College acceptance season is here, which also means it's time to think about how to pay for it. Student loans are practically a must, but there are big differences among them.
No Surprises Expected as Fed Ends 2-Day Meeting by The Associated Press May 1st 2013 6:43AM The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.
Federal Reserve Seen Keeping Interest Rates Near Zero by The Associated Press Apr 30th 2013 6:22AM Scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.
Why Your Bank Thinks Someone Stole Your Credit Card by Matt Brownell Apr 26th 2013 1:46PM Banks issue fraud alerts and freeze accounts if they think a credit card has been stolen -- which can be annoying when they're wrong. But what sets off their warning bells?
Money Terms to Know: Risk and Return by Selena Maranjian Apr 24th 2013 1:40PM We all know what financial risk is: the chance of losing your cash. And return is what you make on an investment. What many don't understand is the relationship between them.