Facebook Friends Get a New Benefit: Now You Can Send Each Other Money
6:00 AM 11/18/2011
In a joint effort with PayPal, Facebook launched a new app this week that could remake the money-transfer business. We test drove Send Money, a cheap -- sometimes free -- method for moving funds between you and members of your social network.
Americans' Financial Distress Is Getting Worse Again
12:30 PM 11/17/2011
Americans' economic health appears to be edging closer to code red: The Consumer Distress Index fell sharply in the third quarter, indicating that more of us are falling behind financially.
Big Banks Could Lose $185 Billion Next Year, As Anger Builds: Research
6:15 PM 11/14/2011
Big banks risk losing as much as $185 billion in the next 12 months as account holders say no to being nickeled and dimed, according to a new report
For all the anti-bank anger erupting across the country, relatively few of us are actually leaving our financial institutions.
The Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. Some sources reported that the European Central Bank would step in. But in the U.S., small business owners are growing nervous.
Former Google Exec Jumps Into Payday Lending with ZestCash
6:00 AM 11/9/2011
Google's ex-CIO has moved from the world of Web searches to the world of high-interest, short-term lending. He says ZestCash.com offers an innovative way to help the poorest borrowers avoid financial emergencies. But is this just a slick veneer putting a shine on the classic payday lending business?
More than 13 million Bank of America debit-card customers could see some repayment for excessive overdraft fees the bank charged them over the course of a decade. A federal judge has approved a $410 million settlement to compensate customers who were charged fees as a result of the bank posting transactions from highest to lowest dollar amount, rather than in the order they occurred.
Senators Take Aim at Bank Accounts' Fine Print
9:45 AM 11/8/2011
Practically nobody ever reads the disclosures that came with a bank account, and that's no surprise -- they average 111 pages long. That's way too much fine print, say Sens. Dick Durbin (D-Ill.) and Jack Reed (D-R.I.), who are calling on banks to cut those disclosures down to just one easy-to-comprehend page.
Bank Transfer Day: Small Protests, Big Changes
1:35 PM 11/7/2011
Did Bank Transfer Day work? Over the weekend, many Americans came out to protest big banks, and while there's no hard data yet to gauge the day's impact, credit unions around the country are reporting a continuing upsurge in interest. And the protests don't appear to be fading.
Resentment Builds Ahead of Bank Transfer Day
2:30 PM 11/4/2011
People, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Banking
On Saturday, tens of thousands will march, protest and move their money out of big banks. But plenty of Americans haven't waited for Bank Transfer Day. For Frank Sheldon of Seattle, his journey to a credit union started in 2008 when his old bank was absorbed by J.P. Morgan Chase.
Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 7.95 | -0.16 -1.97% |
229.07M | |
| 12.28 | -0.25 -2.00% |
43.31M | |
| 19.39 | -0.02 -0.10% |
40.88M | |
| 32.36 | -1.00 -3.00% |
38.31M |
% Gainers
| 7.96 | +1.82 +29.64% |
822,795 | |
| 14.94 | +2.13 +16.63% |
13.95M | |
| 23.85 | +3.19 +15.44% |
8.25M | |
| 2.73 | +0.23 +9.20% |
327,742 |
% Losers
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