Selling a Pension for a Lump Sum: A Bad Deal on Both Sides by Dan Caplinger May 24th 2013 5:00AM If you get a monthly pension check, but need a lot of cash now, you might be considering a pension income stream deal. Here's why you should find another way to get the money.
New Home Sales Up 2.3% in April as Median Price Hits Record High by The Associated Press May 23rd 2013 1:49PM Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high.
'Grandparent Scams' Conning Thousands of Seniors Out of Cash by CNNMoney May 23rd 2013 1:42PM Law enforcement officials are warning seniors to beware of increasingly common "grandparent scams," in which fraudsters impersonate a grandchild in distress, and beg for cash.
U.S. Jobless Claims Drop More Than Expected, Indicating Economic Resilience by Reuters May 23rd 2013 8:58AM The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market.
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.
Wanted: More Women to Become Financial Planners by Nicole Seghetti May 23rd 2013 5:00AM Countless studies show that women are better investors than men -- so why are there so few of them in the financial planning business?
Oklahoma's Tornado Tragedy Could Send Your Insurance Costs Higher by Dan Caplinger May 23rd 2013 5:00AM The tornado that hit Moore, Okla., is a stark reminder of the need for homeowner's insurance. But such catastrophic events also make it likely that your premiums will go up.