In the last few decades, Americans have become accustomed to the boom-and-bust cycle created by speculative investment and lenient lending practices. Typically, these areas of inflated investing are referred to as bubbles, which inevitably pop. We are still enduring the ramifications of the latest b...

Earlier today Ben Bernanke, the Chairman of the Federal Reserve, announced that the Fed would be leaving the nation’s key interest rate at its current “exceptionally low” level. Since December of last year, the rate has been set at 0 to .25-percent in an effort to spur lending throughout the c...

This month I opened my bank statement to find that my bank, Bank of America, had included a little note that outlined one of their new policies. It informed me that they would no longer be charging unlimited overdraft fees and would set a limit of four $35 charges per day. While this may seem like a...