Why Bankrupt W.R. Grace is Thriving by Reuters Jun 18th 2013 5:00AM A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace.
Are Credit Cards Making Us Poorer and Fatter? by Eamon Murphy Jun 13th 2013 4:18PM According to Derek Thompson's recent article for the Atlantic, credit cards are making us "dumber, fatter, poorer." The research backs him up: Is it time to ditch our plastic?
The Surprising Downside of Cutting Up Your Credit Cards by Matt Brownell Jun 5th 2013 5:00AM Cancelling credit cards is a good way to help get your spending under control. But closing down those accounts could actually hurt your credit score.
Dear Gen X: It's Not Your Fault You Suck at Saving by Rich Smith Jun 4th 2013 5:00AM Much has been written lately about the financial plight of Generation X. But buck up, Gen Xers: Considering what we've gone through these past few decades, we're doing OK.
CNET Founder Bankrupt 5 Years After Firm's $1.8 Billion Sale by Eamon Murphy May 31st 2013 4:30PM In 2008, Halsey Minor made $200 million when he sold CNET Networks to CBS for $1.8 billion. This week, he declared Chapter 7 bankruptcy, listing debts of up to $100 million.
Households Far from Regaining Wealth Lost During Recession by The Associated Press May 31st 2013 6:56AM The average U.S. household has a long way to go to recover the wealth it lost to the Great Recession, a report by the Federal Reserve Bank of St. Louis concluded Thursday.
Sales of Bank-Owned Homes Plunge to 5-Year Low in 1Q by The Associated Press May 30th 2013 6:09AM Sales of bank-owned homes have plunged to a 5-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.
Bad Behavior: Men, Women and Credit Card Debt by Michele Lerner May 22nd 2013 5:00AM Tracking how men and women used credit cards over the course of a year revealed some striking differences -- and proved that both sexes could manage their debt a lot better.
Americans Better About Paying Credit-Card Debt in 1Q by The Associated Press May 21st 2013 6:38AM Americans got better about paying their credit card debt on time in the first quarter, a period when many borrowers use income tax returns to tackle their holiday season debt.
How Fast Should You Cut Your Debt? by Credit.com May 17th 2013 12:30PM Determining how fast you can and should pay off your debts starts with a few simple steps -- and first among them is understanding how you got into debt to start with.
To Co-Sign or Not to Co-Sign? That Is the Question by Molly McCluskey May 16th 2013 5:00AM If you're in a shaky financial state, having someone willing to co-sign for a loan can be a lifesaver. But for the co-signer, it's not about altruism; it's a question of risk.
America's First Big-City Bankruptcy of 2013 by Rich Smith May 15th 2013 5:00AM For the time being at least, Detroit can claim the distinction of having been the biggest U.S. city to ever go completely bust.
10 Signs You're Heading for a Money Meltdown by Michele Lerner May 13th 2013 5:00AM We all want to avoid facing hard financial truths sometimes, but ignore these 10 warning signs of an impending money disaster at your own peril.
She Lost $35,000 on Slots, Then Got Her Finances Back on Track by Credit.com May 10th 2013 9:25AM Linda Mannerberg lost $35,000 to a crippling gambling addiction. Here's how she got her financial life back in order in just one year.
Calif. Sues JPMorgan Chase For Debt-Collection Tactics by The Associated Press May 10th 2013 7:00AM California's attorney general has sued JPMorgan Chase, alleging that used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders.
Student Loan Debt Isn't Just a Horror. Now It's a Horror Movie by Bruce Watson May 9th 2013 5:00AM A horror movie takes aim at the most terrifying thing in the world ... student loan debt!
Don't Fall For It, Mom. It's a Scam! by Chuck Saletta May 9th 2013 5:00AM This Mother's Day -- and every day -- be on the lookout for these common scams that often target mothers and other caregivers.
The Huge Costs of Student Loan Debt by DailyFinance Staff Apr 28th 2013 4:00PM Student debt in the U.S. exceeds $1 trillion. That doesn't just spell trouble for graduates--it has serious consequences for all of us. DailyFinance's Bruce Watson explains.
6 Millionaires Who Lost It All, but Came Back by Kiplinger Apr 27th 2013 5:00AM Just because you've attained wealth doesn't mean you'll keep it. Even the richest of the rich aren't immune from sudden -- and complete -- plunges in net worth.
Money Terms to Know: What Are Benchmarks? by Selena Maranjian Apr 25th 2013 10:00AM A benchmark is just a baseline for comparison, something to measure similar things against. But are you using benchmarks properly in your financial and non-financial life?
3 Spring-Cleaning Tips for Your Finances Worth $8,000 to You by Chuck Saletta Apr 23rd 2013 12:25PM With tax season over, now's a great time to spring-clean your finances. These three simple moves could put more than $8,000 in your pocket over the course of the next year.
Riches to Rags: Tales of Woe From Those Who Had It and Lost It by Michele Lerner Apr 18th 2013 11:34AM Climbing the ladder of success can be a slow process. But once you get there, the reverse process -- sliding down the chute of economic despair -- can happen all too quickly.
Daughter Gives Bank Real Proof of Dad's Death: His Ashes by David Schepp Apr 17th 2013 2:21PM A grieving daughter pestered by Royal Bank of Scotland over a charge on her late father's account went to extremes to demonstrate to the bank that he really was dead.
Home Foreclosures Fall to Lowest Level in 5-Plus Years by The Associated Press Apr 11th 2013 6:38AM The number of homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's foreclosure crisis is abating.
A Debt Collector Came After Me for $8.97 by Credit.com Apr 11th 2013 5:00AM An overdue movie rental turned into a collections ordeal for one woman. Could an $8.97 debt impact your credit score?
The Check's In the Mail for Some Foreclosed Homeowners by The Associated Press Apr 10th 2013 5:00AM The nation's largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis.
This Couple Bounced Back From $160,000 of Debt in 3 Years by Business Insider Mar 28th 2013 11:20AM For most people, tackling the average $8,000 we carry in credit card debt seems like an unbearable task. What if you had 20 times as much to worry about?
Airlines' Merger in Holding Pattern as Judge Weighs Severance by The Associated Press Mar 27th 2013 1:50PM A federal bankruptcy judge defers giving his blessing to the merger of US Airways and American Airlines, as he weighs outgoing American CEO Tom Horton's severance package.
Winner of $338M Lottery Promises to Help Family by The Associated Press Mar 26th 2013 9:00AM The New Jersey winner of a $338 million Powerball jackpot says his first priority will be helping his family.
The Top 10 Consumer Complaints of 2012 by Selena Maranjian Mar 26th 2013 5:00AM An online database compiled more than 2 million consumer complaints in 2012: identity theft, debt collection, tax fraud and more. Here are the top 10 biggest offenders.