Page 538 - Checking Account News Today

Product safety commission. why cant we have something for financial products? how does it feel to see something go from your brain to the real world? >> it feels great, but let me tell you the main reason it feels great. it feels great because it means that millions of people out there are not going to get cheated the way theyve been cheated in the last several years. ill just give you a couple of examples. >> great. >> yeah. this agency has been under way for about two years now, and already it...

The implementation of the landmark financial reform bill, dodd/frank of which cfpb was one part. you now have a proposal along with senator john mccain to reinstate whats known as glass steagall which is part of the banking act from the new deal that separated out investment banking and commercial banking, the sort of boring banking as you talked about it where you take deposits, lend out money to local small business. weve all seen it in wonderful light. and the high-risk stuff, on wall street,...

Suspect from a surveillance camera inside the store. >> steve: meanwhile, a democratic law maker from colorado wants to make banks more pot friendly. thats right. the recreational use of pot has been legal in the state since november. the federal government still considers it illegal. so banks there are he concerned about handing money from pot transactions, i should say handling money from pot transactions, and business owners find they cant open a checking account. so congressman ed pearlmudde...

Personal decision. if you decide you want to pay down this debt you can work things out. you can do refinance to a lower rate you can switch from a 30 to 50 year fixed rate. different options. i would run the different scenarios using the calculator see which works best for you and your family. >> the last one i just got married we want to keep our personal checking account and open a joint savings account. is there an ideal percentage or program we should follow? >> i am a big fan of his hers a...

Numbers this morning showing unemployment in europe, record high. 12.2%. lets compare that with the u.s. the unemployment rate here, 7.5%. still going in the wrong direction in europe. stocks on wall street set to struggle, dow futures down 90 points right now. well continue to watch that for you. president obama will be surrounded by college students at the white house today to warn that theyll soon be paying a lot more for their student loans. interest rates on government-backed loans are se...

Healthcare because of a simple injury. >> was this this preexisting situation. >> yes, i had a broken finger. >> you see health insurance premiums going up employers dropping people from their coverage. >> it is stunning to see how many people are unfamiliar and represents sewage a huge successor of our country. >> people have to wise up about that. >> remember when your banks said they wouldnt charge you fees on your checking account? that was a long time ago. they may have been lying to you. w...

Them to show you the fees. >> they are not transparent muf. you know there are hidden fees on your checking account. pugh found that 36 of the biggest banks in the u.s. have fees that are so not transparent they are 43 pages long. that doesnt explain what the bank wants. they want to limit that and put a label on your bank account. they are applying toer more transparency. >> when you go to the grocery store and you get a label for food. >> that is such a great idea. they tell you you have to ha...

We start out with our sheltering operations. then we work to take care of first responders as they first come into the neighborhoods. later we work with our partners and come into the neighborhoods and start feeding and providing supplies and services to the people who are here to clean up their neighborhood. and then we work a lot of other partners for that longer term recovery. and it really is a great mesh of many organizations and the red cross is proud to take an important lead in it. >> no...

Maybe thats why consumers dont mind they are pay be so much for prepaid debit cards. the amount put on tripled from 2008 to 2012 and expected to top $168 billion by 2015. thats a lot of money. nearly the gdp of kuwait or romania and enough to by 131 double-decker planes. industry trade groups say parents use them to teach kids about financial responsibility but financial advisers say there are better ways to do that. >> prepaid debit cards are spending money to use your own money but they dont n...

Finding another place to save it, put it in your pocket. similarricly save it. >> heather: planning and organization are key. >> good habits are key. get them to happen automatically. have it directed from the checking account. >> heather: you you dont miss it. >> you dont think about it. good habit. >> heather: people say it wont matter. i cant save enough to make a difference. >> $1 million wont be worth anything 30 years from now. 30 years ago $1 million is a lot of money. today its a lot of ...