MyBankTracker.com

Unemployment Rates Drop in 9 States, Says Bureau of Labor Statistics

MyBankTracker.com — Wed, 10 Mar 2010 20:44:28 +0000

Unemployment rates in 9 states dropped in January of this year, says a Bureau of Labor Statistics report released today. Overall, the unemployment rate remains constant, and job markets are expected to remain depressed into 2011. Some State Show Improvement Overall, there are 12 states that have unemployment rates that are higher than the US average, [...]

Despite Recession, Number of US Millionaires Grows by 1.1 Million

MyBankTracker.com — Wed, 10 Mar 2010 20:37:48 +0000

Amidst headlines of high unemployment and housing foreclosures, there is one demographic that has been doing well in the past year. Households with a net worth of $1 million or more grew by 16% in 2009, up from a 27% decline in 2008, according to a study by Spectrum Group. But what effect will this [...]

Bank of America Drops Checking Overdraft Fees, Will Other Banks Follow?

MyBankTracker.com — Wed, 10 Mar 2010 16:15:18 +0000

Bank of America announced late yesterday that it plans to get rid of overdraft fees on its debit card accounts starting June 19th. This change comes in anticipation of federal rules that could potentially limit overdraft fees for debit cards, as the Credit CARD Act has for credit cards. No Fees, Unless You Want Them While [...]

Stalking the Stimulus: How to Use Stimulus Fund Tracking to Find Employment

MyBankTracker.com — Wed, 10 Mar 2010 13:19:54 +0000

If the trickle down from the economic stimulus plan hasn’t quite reached you yet, there are a few services that you can take advantage of to try and expedite the process. Online tools are available to help you track the funds, which can very helpful in determining which industries are likely to be experiencing growth [...]

Retirement Savings Down in 2010, Despite Stable Consumer Confidence Levels

MyBankTracker.com — Wed, 10 Mar 2010 12:54:07 +0000

A survey on retirement savings shows that while consumers have more confidence that they will be able to retire, the actual preparations made and savings being put away for retirement have dwindled in the past year. Many Without Any Retirement Savings According to the 2010 Retirement Confidence Survey by the Employee Benefit Research Institute, 29% of workers [...]

Senate to Vote on Unemployment Benefit and Tax Extensions Today

MyBankTracker.com — Tue, 09 Mar 2010 18:04:19 +0000

The Senate will put forward a key vote on unemployment insurance and tax extensions today, which could effect millions of people who have seen their unemployment checks dry up in the past month. Rehashing the Stimulus Passing this legislation is bound to be difficult for Democrats, as many aspects of the bill are re-visitations of the [...]

Forbes Announces The Top Ten Companies for Job Growth

MyBankTracker.com — Tue, 09 Mar 2010 13:44:59 +0000

Despite the job market’s continued decline, there are some companies who grew last year and expect to continue the trend in 2010. Forbes compiled a list of the top ten companies for growth, and the list spans the spectrum from digital marketing to healthcare to government contracting. The Medical Field The Healthcare field appears on the [...]

Barclays Upgrades Their Mobile Banking Service

MyBankTracker.com — Tue, 09 Mar 2010 13:32:42 +0000

Barclays revealed last week that it has made upgrades to their mobile phone banking service. It is the first UK bank to offer a payments system that allows customers to send funds to third parties that have been set up through their online banking interface. New Payment Service and Website Another development, in addition to the [...]

U.S Treasury Sells Bank of America Warrants for $1.54 Billion

MyBankTracker.com — Tue, 09 Mar 2010 13:24:39 +0000

The U.S. Treasury sold 272.12 million warrants that it received from Bank of America as part of the $700 billion TARP bailout fund. The auction for the Bank of America warrants led to a sale worth $1.54 billion, which now holds the record of the largest total amount raised from a single institution from the [...]

Tax Extension Service Integrates Facebook and the IRS

MyBankTracker.com — Tue, 09 Mar 2010 13:20:41 +0000

FileLater is an online service for people and businesses looking to file for a tax extension. This tax season, it is pioneering the social media universe by using Facebook Connect to both simplify the process and attract new customers. An IRS tax extension gives filers an additional six months to file their taxes, pushing [...]