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A year ago, JP Morgan Chase Bank agreed to pay over $11 million to settle a class action lawsuit alleging Chase improperly charged interest on paid off mortgages insured by the Federal Housing Administration (FHA). Now Chase is facing a new class action lawsuit proposed by angry homeowners in Wisconsin, alleging that JP Morgan Chase…
Read MoreIf you think the heavy rains and flooding in the United States isn’t your problem, think again. Farmers have been late or unable to plant crops; and that will affect not only prices, but foods availability as well and eventually, the economy. Check out this article from Forbes for the update.
Read MoreI just returned from an out of town family wedding. In the middle of my debt reduction spending moratorium, I traveled to a dangerous destination known as my hometown, amidst a reunion with family for a week. Ouch! Here is what I did well and what I didn’t do well on my path to debt…
Read MoreIf you need a cash infusion sooner than even an approved business loan can deliver, think Merchant Cash Advance.
Read MoreIt may still be morning for parts of the Western Hemisphere, but in Normandy France, it is late afternoon on the 75th celebration of D-day. Following renditions songs, stories, and a moment of silence, world leaders pay respects to the veterans of World War II and the Battle of Normandy. What a great day to…
Read MoreMackenzie Bezos, following her divorce from Amazon’s founder and CEO, Jeff Bezos, has joined a list of wealthiest people who have agreed to participate in the giving pledge. Mackenzie Bezos, who ranks 22nd on the Bloomberg’s Billionaires Index, said she left Jeff Bezos with 75% of their Amazon stock, as well as all of their…
Read MoreEllie Mae laid off around 10 percent of its staff in a team restructure plan after being acquired in April by Thoma Bravo for an all cash $3.7 billion purchase. Ellie Mae, Inc. is a cloud based software company that electronically processes 35% of all U.S. mortgage applications through its streamlined mortgage origination process. Ellie…
Read MoreA regular topic for discussion is the US employment rate, which is near a historic low. But a new article on Yahoo! Finance by Sibile Marcellus reports that United States underemployment for recent grads is worse today than it was in the early 2000s. How is the underemployment measured? Since 1940, the bureau of Labor…
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