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Touch Not the Retirement Fund, Thus Sayeth the Experts

Touch Not the Retirement Fund, Thus Sayeth the Experts

This economy is no stranger to financial burdens. We are finding out how fast the mighty really can fall. If the mighty can fall so quickly, it is no wonder that some of us are falling. Sometimes you just have to do what you just …

Clear Channel to cut almost 600 jobs

Yesterday, Clear Channel Communications Inc. announced that it would be cutting 590 jobs from its current employee roster. The cuts include some on-air employees. This is on top of news that CC Media Holdings Inc, Clear Channel’s parent company, announced that employee 401(k) matching would …

CFO of Freddie Mac found dead in his home

The Assoicated Press is reporting that David Kellermann, the acting CFO of Freddie Mac, was found dead at his home this morning due to an “apparent suicide.”
While Freddie Mac has been extremely criticized for its shady business practices and has often been linked to …

Bank of America to hike rates for 4 million

Bank of America has put as many as four million of its customers on notice. BofA will likely be raising rates for the customers.
The hike is said to affect those who carry a balance and have an interest rate below 10 percent. They can expect …

Unemployment can lead to greater amounts of debt.

Unemployment has been increasing in the United Kingdom as well as the United States. Situations in the UK have become increasingly dire as the recession deepens.
Those who are unable to find work may be turning to school as well. Over the course of one …