The FDIC has announced seven banks thus far that have failed this Friday, with the largest, Advanta Bank Corp., unable to find an assuming institution. Deposits of the other six have been transferred to other banks, with an estimated total cost to the Deposit Insurance Fund (DIF) of almost $1.3 billion for all seven banks.

If you are just graduating college, you probably already know that you are facing one of the most difficult job markets that the US has experienced. However, there are jobs out there, if you are willing and able to travel to where the jobs markets are starting to recover.

Living the life of Ryan Bingham, the character played by George Clooney in the Oscar nominated film "Up In The Air," give you the benefit of free hotels and luxury airplane seats.  But for some, these rewards are more than just perks; they are a way to stay afloat during hard times.

The FDIC spread out their bank closures last week, starting with LibertyPointe Bank on Thursday, and then following up with Park Avenue Bank, Old Southern Bank and Statewide Bank at the end of the day Friday. These four bring to total bank failures in March to 8, and the 2010 total to 30.

Following the failure of LibertyPointe Bank yesterday, the FDIC has announced another New York bank failure, The Park Avenue Bank, bringing the 2010 bank failure total to 28.

Bank failures are usually announced at the end of the day Friday, but this week state regulators were ready to go Thursday evening, with the announcement of the 27th bank failure of 2010, LibertyPointe Bank.

The labor market’s recovery remains slow as hiring continues to drag down the process.  Additionally, the number of Americans who filed continuing claims for unemployment benefits spiked last week, increasing by 37,000 people.

A $140 billion bill put before the Senate to extend expiring benefits and tax provisions was passed today by a margin of 62 to 36.

Amidst headlines of high unemployment and housing foreclosures, there is one demographic that has been doing well in the past year.

The Senate will put forward a key vote on unemployment insurance and tax extensions today, which could effect millions of people who have seen their unemployment checks dry up in the past month.