The Federal Reserve announced this week that it will buy $400 billion in bonds with maturities of six to 30 years through June 2012 and will sell...
Money & Savings News Blog - Sep 2011 - Page 1
In an effort to recoup lost revenues, banks continue adding new fees. However, according to an ABA survey, 71 percent of bank customers are paying no...
Bank of America announced on Sep. 12 that the company plans to lay off as many as 30,000 employees, although the bank did not give a specific...
Over 70 banks have been closed by the FDIC thus far in 2011, bringing the total up to nearly 400 since the economic crisis began in 2008. FDIC...
The U.S. Department of Labor's monthly jobs report, released on Sep. 2, showed zero job growth in August. The unemployment rate stayed at 9.1 percent...
