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The high cost of living without a bank

The high cost of living without a bank

The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order. A dollar or more every time I swiped the prepaid cash card I bought at the drug store. In all, I racked up $93 in fees in a monthlong experiment of living without a bank and making […]

Bank bill passes but work remains

Bank bill passes but work remains

In the end, it’s only a beginning. The far-reaching new banking and consumer protection bill awaiting President Barack Obama’s signature now shifts from the politicians to the technocrats. The legislation gives regulators latitude and time to come up with new rules, requires scores of studies and, in some instances, depends on international agreements falling into […]

More money woes for Marco Rubio

More money woes for Marco Rubio

Republican Marco Rubio wants to be a Senator from Florida where he can — among other things — tackle the nation’s economic problems. Turns out Rubio has trouble taking care of his own finances. A home Rubio co-owns with a Florida congressional candidate is in foreclosure after the co-owners missed five mortgage payments. Rubio bought […]

Debt adds to pressure of stressed-out Americans

Debt adds to pressure of stressed-out Americans

The economy trudges ahead yet debt dogs many Americans, stressing them out even as they firm up their own financial foundations. There are new jobs produced but old worries persisting for people despite belt-tightening and boosted savings, according to an Associated Press-GfK poll. About 46 percent of those surveyed say they’re suffering from debt-related stress, […]

Florida GOP lives large at donor expense

Florida GOP lives large at donor expense

Officials and staff members of the Florida Republican Party piled up nearly $1.3 million in questionable charges on an American Express card and donors to the GOP paid the bill. The charges went on the Amex card given to a 25-year-old staff members two-and-a-half years ago and various members of the state party used the […]