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Linda Young – AHN News Writer
Washington, D.C., United States (AHN) – Initial jobless claims remained above the 400,000 mark again for the week ending July 2, although they dropped slightly from the prior week. Seasonally adjusted first time claims for unemployment compensation insurance benefits were filed by 418,000 people, which was a decrease of 14,000 from the previous week’s revised figure of 432,000, the United States Department of Labor said. The less volatile 4-week moving average also remained high at 424,750, but that was a decrease of 3,000 from the previous week’s revised average of 427,750. [...] Continue Reading…

John Raffel – AHN Sports Correspondent
Detroit, MI, United States (AHN Sports) – The San Francisco Giants feasted on Detroit pitching Saturday night in cruising past the Tigers. Home run power, including a grand slam from Miguel Tejada, ignited the Giants to a 15-3 win over the Detroit Tigers at Comerica Park. The 15 runs marked a season high for the Giants, who have not suffered a loss this season of a game in which they had a lead of three runs or more. The Giants were leading 6-0 in the third inning when the game was [...] Continue Reading…

Linda Young – AHN News Writer
Washington, DC, United States (AHN) – Initial jobless claims for the week ending June 25 decreased by 1,000 from the previous rate but still remained above the 400,000 mark for the 12th consecutive week, according to the United States Department of Labor. Some 428,000 newly jobless workers filed first time claims for unemployment compensation insurance payments during the week ending June 25, down from 429,000. Economists say that initial jobless claims have to drop below 400,000 weekly and stay there before the economy sees recovery in the jobs sector of the economy [...] Continue Reading…

Debt has become an unfortunate standard in American households. In fact, the average American household has over $10,000 in credit card debt and the average interest rate runs in the high teens. Most Americans are worried about debt reduction but do not know how to start the process. One thing to keep in mind is that there is good and bad debt. Good debt is the debt that you take on for a home or college as long as you are borrowing at a rate that you can afford to pay back. Unfortunately, the mortgage meltdown has taught us [...] Continue Reading…

Ayinde O. Chase – AHN News Staff
Yonkers, NY, United States (AHN) – The saying “the rich get richer and the poor get poorer,” is seemingly true based on a two-year study of the groups. For American households earning less than $50,000 per year, it has been far more difficult on the economic road to recovery than their more affluent counterparts. For more affluent households, those earning $100,000 or more, economic recovery began as far back as February 2010—when the Consumer Reports Sentiment Index score for this group moved into positive territory (above 50). In that time, sentiment among [...] Continue Reading…

Vittorio Hernandez – AHN News
Washington, D.C., United States (AHN) – More Americans continue to save in banks rather than borrow money from financial institutions. According to latest data from the Federal Reserve, savings in U.S. banks hit a record $1.45 trillion in May. The growing savings has been observed since the global financial crisis in 2008. A similar trend was observed in Japan, where the gap between savings and borrowing is at an all-time high. Japanese banks use the money to purchase bonds to help keep yields the lowest in the world even if Tokyo has [...] Continue Reading…

Linda Young – AHN News Writer
Washington, DC, United States (AHN) – First time claims for jobless benefits remained stubbornly above the key 400,000 mark during the week ending June 11. The tally was 414,000 initial claims, according to the U.S. Department of Labor. Initial jobless claims have been stuck above 400,000 weekly since April. Although that was down by 16,000 from the previous week’s revised figure of 430,000, it is still too high to signal that a long-awaited jobs recovery is near. Economists say that it takes the creation of around 200,000 jobs per month to [...] Continue Reading…

So you are ready to buy a Home? you documented your income, provided all your returns, you managed your credit the best you can.

You could have really good credit, and have a lot of options, or bad credit limiting your options drastically. So you are looking for options.

We have created this post to do just that. Whether you have good credit or bad credit, there is a company that you can try

Home Equity Loan or Mortgage Refinance

First Choice:

Bills.com is a personal finance portal that empowers everyday consumers to make better financial decisions. Bills.com has a mortgage network [...] Continue Reading…

Financing a new car or used car:

After negotiating the price for your new car or used vehicle, now you need to consider financing options. The financing options available to you will be determined by your credit, and loan availability, either from private parties, your bank or the dealer (if financing options are offered).

The loan is determined on:

The prices of the vehicle

Terms of the financing options

Interest rates

Years on the lease or finance option

Down Payment or Trade in value

Your credit score

if you are worried about your credit score, see potential problems, This will determine your monthly payment. Is not a bad [...] Continue Reading…

There are many loan providers out there, from personal loans from major banks, to peer to peer loans, to payday loans. If you have bad credit, your choices are limited.

Particularly if we are talking about Payday Loans, you know you need the cash, but you know they will want the loan back between 2 pay periods (14 days) Are you going to be able to pay them back in such as short time?

If you ask for an extension, this may mean additional fees. So what can you do? In this post we are going to give you [...] Continue Reading…