One of Obama's first acts was Make Home Affordable, or the Home Affordable Modification Program. Basically, the actual program makes your home loan more affordable by working with your loan company. The plan is more likely to not work or even do nothing. More individuals drop out than stay in the plan. Bottom falling out of ...

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The firm GfK Roper had a poll they did that was funded by AARP explaining that American's do not like the thought of helping the National deficit by cutting Social Security. Cutting Social Security isn't wanted by 85 percent of American's, reports the Huffington Post. In the survey, 72 percent "strongly opposes" this action. Those getting ...

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Along with news about the unemployment rate, there was some other news on Wall Street. Fewer people are using their credit cards this year, and people are using them less. People don't see credit cards as the best source of instant money anymore. The data also shows that people are saving more and more. Since ...

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European financial markets began to fail with the Greek debt crisis causing stress tests to be developed to see how European banks could manage more shock. After testing, seven major banks in Europe were shown to be too weak to handle anything else if more crisis' were to appear. Some nations within the European Union ...

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The IRS announced last month that over the next three years it intends to conduct 6,000 random audits of all companies that utilize independent contractors. With record numbers of Americans out of work and more than half the states borrowing from the federal government to pay unemployment claims, the motivation behind the crackdown is clear. ...

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