Bank overdraft fees that can turn a cup of coffee into a $40 expense disproportionately hit the young and the poor, consumer groups are complaining to Congress.Last year, overdraft fees -- charges wh

Yesterday, biz TV went ga-ga over Toll Brothers (TOL) order numbers and the “unbelievable” 6.9% cancellation rate. Similarly, on Tuesday Beazer Homes (BZH) reported a shockingly bullish p

Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts. Even so, with the guaranteed income of traditional pensions disappearin

Last night Bloomberg printed an article about Fannie Mae (FNM) and Freddie Mac (FRE). Here are the lowlights:1. There were 2.6 million defaults on residential mortgages in the first nine months of 20

As earnings results poured in over the past week and a half, all I could imagine were the emails from the CEOs of various American-based multinationals to our leaders in Washington.Such as one like t

I first wrote about the Muddle-Through Economy in 2002, and the term has more or less become a theme I've returned to from time to time. In 2007 I wrote that we would indeed get back to a Muddle-Thro

This week has seen yet another round in the battle between Goldman Sachs (GS) and the Rest of the World. On Monday, Goldman Sachs analysts Richard Ramsden and Brian Foran upgraded their outlook for b

Editor's note: This article was written by Michelle Leder, who combs through SEC filings for nuggets of interesting details for her blog, Footnoted.org.Late yesterday, NutriSystem (NTRI) announced a

The FDIC is struggling mightily to stay solvent. Given that there are bank failures every Friday, it's no easy feat for it to stay ahead of the game.Please consider Bank of America, Major Banks&rsquo

The FDIC has been forced to borrow from tomorrow to pay for today. Suze Orman wouldn't be proud. Created during the Great Depression, the FDIC is the agency that provides insurance for up to $250,000