Bank of America, the largest mortgage lender in the United States, has recently filed a suit against First American Corp, the second largest title insurer in the country. This comes on the heels of another multi-million dollar law suit filed against MGIC Investment Corp., a mortgage insurer that allegedly denied millions of dollars in [...]

Lending Club, the a peer-to-peer lending company in the United States, has surpassed $1 billion in loan demand from borrowers and has hit a new monthly record for loan demand during the truncated month of February.
The California-based peer-to-peer lending company recently issued their 10,000th loan and has now originated more than $95 million in loans [...]

Bank of America (NYSE: BAC) recently announced that they would be halting the practice of automatically enrolling in programs which previously allowed customers to overdraft their checking accounts via use of their debit card. Bank of America’s new policy will deny debit card transactions unless customers pre-agree to pay overdraft fees if they charge more [...]

When one of the world’s largest public corporations makes a move toward supporting the local economy, it is only natural to wonder what is the motive is behind this grand gesture. It appears most Americans have a strong feeling one way or the other about this discount retailer. Many people swear by the [...]

McDonalds (NYSE: MCD) serves untold numbers of Egg McMuffins, McGriddles and other popular breakfast items each morning to commuters and other customers. The bread, sausage, ham, bacon, cheese and eggs that make up the company’s delicious breakfast products don’t appear from thin air, and it turns out that it takes more than 1.1 million hens [...]

Wal-Mart Stores (NYSE: WMT) fired one of its Michigan employees after failing a drug test given by his employer of the last five years, despite medical marijuana being legal in his state of residence and having a prescription.
The employee, Joseph Casias, has a brain tumor and has gotten a medical prescription to use marijuana to [...]

Generally speaking, annuities can be used to refer to the contracts in which there may be a series of premiums that are paid by investors in order to earn a series of payments for income from the insurer. Annuities are usually meant to secure income when the investors have to retire later in their life. [...]

Bank of America ((NYSE: BAC) has brought to an end the overdraft fees associated with debit card purchases. This decision can end up costing the bank tens of millions in revenue each year but it would also force the hand of other banks to do the same, which is good news for consumers.
In the past, [...]

Three cheers for the US Department of Transportation (DOT)! US Transportation Secretary Ray LaHood is quoted as saying “When consumers shop for air travel, they have a right to know how much they will have to pay. We will continue to ensure that airlines comply with our price advertising rules.”
The airline, which is based [...]

This winter has brought record breaking snowfall amounts to much of the United States. With spring just around the corner, many people including students enjoying spring break will be on the move to sunny destinations. Consumers are urged to use caution when making travel arrangements this spring as the change in weather will [...]

The US Postal Service is reportedly in debt, with a loss of $3.8 billion dollars in the fiscal year of 2009. Mail volume was down by 12.7% and the agency is not hopeful for a recovery, blaming online transactions for messages and bill payments.
So what does that mean for consumers?
As of today, the US Postal [...]

In numerous studies around the world, the use of cannabis has been shown to increase the risk for schizophrenia and psychosis. Researchers in New Zealand found that individuals using cannabis before the age of 15 were more than 300% more likely to develop mental illnesses like schizophrenia, while professor Robin Murray of the London [...]

Malware that can destroy a computer system in a click of a mouse is also being turned loose in the phone world. Cyber attacks that wreak havoc on your personal computers are similar to those being thrust at smart phone users and in many cases, the attacks are worse.
Assaults on phones can bring on many [...]

Natural medicines and procedures are a big market and many consumers are buying into the results being promised by advertisers and practitioners. However, the Food and Drug Administration is stepping up to warn consumers that claims may not be what they seem. Of particular concern is the popularity and promotion of ‘ear candling’.
Ear candling is [...]