| Jun 29, 2014
It was the worst U.S. economic calamity since the 1930s.
Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
| Jul 3, 2014
| 9:39 AM
South End Savings, a $35 million-asset savings and loan founded in 1914, has been told by regulators that it "needs to improve" on its lending to low- and moderate-income areas.
The Homewood-based institution was one of nearly 100 U.S. banks with...
| Jul 8, 2014
| 6:37 PM
You can donate to a PAC, buy a Tesla or order a Domino's pizza using bitcoin. California just repealed a ban on such cryptocurrencies, so the question is not only "Now what?" but "What?," period. Any currency that's not tied to something like gold is...
| Mar 22, 2014
| 6:19 PM
In front of news cameras, federal authorities have talked tough about combating mortgage fraud.
But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
| Apr 7, 2014
| 5:58 PM
Microsoft Corp. is finally pulling the plug on a piece of technology that has refused to go away.
On Tuesday, the software giant will stop supporting Windows XP, the still ubiquitous computer operating system that's been around for almost 13 years, an...
| Jun 13, 2014
It seemed unlikely only a year ago.
Big U.S. car insurers had spent the past few years reassuring customers that the monitoring devices they installed in vehicles as a way of rewarding safe driving didn't track location.
But as part of a pilot program...
| Apr 16, 2014
| 7:14 PM
If your heart skipped a beat when you heard about the latest major online security threat, a bug called Heartbleed, calm down. It's not worth having a heart attack over.
But you can't dismiss Heartbleed, either. You likely will have to change some...
| Jun 11, 2014
Former Treasury Secretary Timothy Geithner is convinced he saved the country from a depression and regular Americans from ending up in shantytowns and bread lines. And he's taking another shot at convincing you too.
In his new book, "Stress Test," he...
| Jun 4, 2014
| 8:14 PM
| May 28, 2014
| 10:41 AM
Nearly 11 percent of the Illinois' banks and thrifts were unprofitable in the first quarter, compared with only 7 percent nationally that didn’t make any money, according to a quarterly report issued Wednesday by the Federal Deposit Insurance Corp....
| May 19, 2014
| 9:23 PM
About 60,000 service members will receive a cut of $96 million in settlements that federal regulators announced Tuesday with student loan servicer Sallie Mae over allegations that its terms violated service members' rights. Authorities alleged Sallie...
| May 29, 2014
| 3:33 PM
A Connecticut law firm has filed a class action shareholder lawsuit in federal court against New Haven's Higher One, a company that offers debit cards to college students around the country.
The lawsuit, filed Tuesday in U.S. District Court in...