Investment

New Phone Scam Targets Your Bank Account

The FBI is warning consumers to be on the alert for scammers who tie up their phone lines while emptying their bank accounts.

AT&T to raise ETF on smartphones to $325.00

The Wall Street Journal is reporting that AT&T will raise the early termination fee on its line of smartphones from $175 to $325 starting June 1st. The move is inline with adjustments made by Verizon Wireless to their ETF policy last November.

Broker sentenced to prison after stealing $780G from Merrill Lynch

Steal $780,000, pay back half, and get only a year in prison? An angry Manhattan judge put the kibosh on that deal today for a low-level stockbroker who allegedly tricked Wall Street titan Merrill Lynch into thinking he was the next Gordon Gekko -- showering him with a fat salary and loan package on the day they hired him last year.

Bank of America ends overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees. Rules set by the Federal Reserve that will ban banks from charging such fees, without first getting permission from the customer, are set to take effect July 1.

Actor Nicolas Cage In Financial Ruin

People.com Reports How could one of Hollywood's highest paid actors find himself owing $6.3 million in back taxes and deep in money troubles? The answer is easy if you believe Nicolas Cage.