Personal Finance News
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Geithner to Speak Next Week on Obama's Fiscal Plans, Aide Says
U.S. Treasury Secretary Timothy F. Geithner next week plans to step up the Obama administration’s efforts to persuade lawmakers that tax cuts for wealthy Americans should be allowed to expire at year end, an administration official said today.
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Beneficiaries Can Bank Proceeds, Bypass Life Insurer Accounts
Life insurance beneficiaries seeking federal protection for their money should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
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Wells Fargo's Stumpf Sees New Costs for Customers
Wells Fargo & Co. Chief Executive Officer John Stumpf said customers, not just the bank, will bear the financial burden for U.S. regulations that cover services ranging from home loans to credit cards.
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Financial Literacy for Kids a Big Worry for Parents, BofA Says
Teaching children how to be financially savvy is almost as important as maintaining a close relationship with family, according to Bank of America Corp.
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