FINANCIAL NEWS » Current Rates, News & Information

Declining Tax Revenue Leaves Half of U.S. Cities Strapped for Cash

Posted in Financial News , Tax
The weak economy has had a major impact on property and sales tax revenue, leaving half of U.S. cities strapped for cash. Read More...

Senate Approves Bipartisan Spending Bill to Avoid Government Shutdown

Posted in Financial News
The U.S. Senate reached a bipartisan deal on stopgap spending that is designed to avoid a government shutdown. The deal Read More...

SEC May Recommend Legal Action Against Standard & Poor’s

Posted in Financial News , Investments
McGraw-Hill Cos. Inc., which owns Standard & Poor’s, said it received a Wells Notice from the Securities and Exchange Commission Read More...

Fannie Mae, Freddie Mac Faulted for Mortgage Abuse

Posted in Financial News , Mortgage Rates
New reports released by the inspector general of the Federal Housing Finance Agency (FHFA) revealed Fannie Mae and Freddie Mac are largely Read More...

House Passes Spending Bill as Government Shutdown Looms

Posted in Financial News
Early Friday morning, the House of Representatives approved a must-pass spending bill that brought Congress steps closer to avoiding a Read More...

Moody’s Downgrades Ratings of 3 Huge Banking Institutions

Posted in Banking , Financial News
Three of the United States’ top banking giants had their ratings downgraded as announced by Moody’s Investors Services on Wednesday. In what Read More...

The Cost of Raising a Child Increases 40 Percent Over Last Decade

Posted in Budget , Financial News , Savings Account
Raising a child has become significantly more strenuous on a parent’s budget over the past decade, according to a new Read More...

SEC Probes Stock Market Trades Prior to U.S. Credit Rating Downgrade

Posted in Financial News , Investments
Securities regulations have sent subpoenas to hedge funds and other trading firms to probe possible insider trading prior to the U.S. credit rating downgrade Read More...

Obama to Release $3 Trillion Debt Plan

Posted in Debt , Financial News
President Barack Obama is expected to unveil a debt plan on Monday that will cut the national debt by an Read More...

Looking for a Job? Best and Worst Cities for Finding a Job Today

Posted in Financial News
A new survey released by ManpowerGroup is giving insight to job seekers on cities they may or may not be Read More...

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