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U.S. companies rush to borrow

May 18, 2011
With interest rates set to rise once the Federal Reserve ends its easy monetary policy, companies are racing to borrow money in the corporate bond market.
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Potential change in IMF leadership could impact global economics

May 16, 2011
The chief of the International Monetary Fund, Dominique Strauss-Kahn, is expected to be arraigned in New York this morning. Simon Johnson, former IMF chief economist, explains how a change in leadership could affect the European bailouts, and who could be in the running as the next head of the IMF.
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IMF head expected to be arraigned

May 16, 2011
International Monetary Fund chief Dominique Strauss-Kahn is expected to be arraigned in New York this morning on charges that he sexually assaulted a maid over the weekend. What will that mean for bailout negotiations in Europe?
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Michaels stores hit by debit card fraud

May 13, 2011
The fraud across 20 states highlights how debit cards are more vulnerable to fraud and financial loss than credit cards.
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3

Consumer bureau to be run by committee

May 4, 2011
A House committee today voted to change the structure of the Consumer Financial Protection Bureau, so it's run by a committee instead of one person.
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U.S. goes to court over Deutsche Bank home loans

May 3, 2011
The Justice Department has sued Deutsche Bank over allegations that the bank repeatedly committed mortgage fraud. Courtney Comstock with Business Insider explains.
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3

Swipe fee fight bristling with lobbyists

May 3, 2011
As Congress comes back next week, the issue with the most lobbyists isn't the deficit -- it's the battle against debit card swipe fees.
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Read the fine print--not

Apr 27, 2011
Favorite number of the week: 111 pages is the median length of the checking account disclosures consumers are supposed to read and understand...
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2

Do you know what bank fees you're paying?

Apr 15, 2011
Tess Vigeland talks to Reuters personal finance columnist Mitch Lipka about the challenge consumers face when trying to find out about potential fees related to bank accounts.
Posted In: Banks
1

Bank of America profits plummet

Apr 15, 2011
The largest bank in the country, Bank of America, announced a 37 percent drop in earnings this quarter due in part to bad mortgages.
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