August, 2010

Facebook really wants to trademark the term face

TechCrunch brings us just a little bit more news about Facebook. It is in court once again. It doesn't have to do with them getting sued by TeachBook or PlaceBook by using "book" in its name. Now, Facebook is attempting to trademark the word "face," picking up where U.K. business CIS Internet Limited left ...

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Record-low interest rates fatten banks, hinder saving, investing

U.S. consumers are cutting debt and trying to conserve more money. A double dip recession is the primary concern for the federal Reserve which intends on keeping interest rates as low as possible. Record-low interest rates are fattening bank bottom lines. Low interest rates like these make it so banks pay less but nevertheless collect ...

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Mortgage loan closing costs on the rise

One of the costs of a mortgage loan is the closing costs, or the fee you pay whenever you finally pay your mortgage off or sell your home. The average closing costs nationally cost about ten times as much as a payday loan. The average for closing costs have been going up nationwide. New regulations ...

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Barclays Bank pays $ 298 million for sanctions violations

The United States holds major sway on the world stage. International finance is certainly an area where the nation has some power, which is why charges were brought against England's Barclays Bank so effortlessly. The Washington Post reports that federal prosecutors accused Barclays of violating U.S. sanctions against Cuba, Iran, Libya, Sudan and Burma for ...

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Prop 8 stay granted by California judge

After Judge Vaughn Walker overturned Proposition 8, the California initiative that banned gay marriage within the state, he issued a temporary hold on any new marriages taking place. The same sex marriage hold was extended today by him also. The ruling is probably going to appealed by those against Prop 8. Judge makes Prop ...

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