Bank of America customers will no longer complain about that $40 cup of coffee because they won’t be able to buy it if there’s not enough money in their debit account.
NEW YORK (MarketWatch) -- Bank of America Corp. is expected to say on Wednesday that it is eliminating overdraft fees on debit card purchases, according to published reports. The Wall Street Journal reported Wednesday that the bank is ending the $35 fee in an effort to keep ahead of new regulations. According to the report, after the new plan goes...Read More
With the unemployment rate at about 10%, you’d think landing a job in times like these would be enough to make anyone unequivocally happy. But a long-term period of unemployment can bring emotional baggage and financial stress -- even after the new job begins.
Credit-card debt has been falling for 16 straight months but consumers aren’t paying off their financial obligations as much you might think. Instead, they’re walking away from the debt, forcing credit-card issuers to write off as much as 90% of that reported drop, according to a new report by CardHub.com.
I know, I know, we’re starting to sound like a broken record, or MP3 player. But researchers are once again sounding the alarm that Americans are not saving enough for retirement.
For the some 15 million Americans officially classified as unemployed right now, this is not much consolation, but the job market does seem to be inching toward a slightly better place.
New money coming to stock mutual funds has been negligible even as returns have been among the best on record. An influx into stocks in the coming months would suggest investors once again have waited too long.
After tying the knot, your single filing status goes the way of the little black book. If you wed in 2009 -- even if it was on Dec. 31 -- you were married all year in the eyes of the Internal Revenue Service.
Supply-chain inventories for technology companies in particular are at low levels, so given global demand there's an opportunity for traders and investors, according to Cody Willard. Simon Constable reports.