In a cyberattack campaign called Operation USA, Anonymous said it will launch distributed denial of service (DDoS) attacks on government and financial websites on Tuesday. Big banks are likely to be on the top of the target list. “America you have committed multiple war crimes in Iraq, Afghanistan, Pakistan, and recently you have committed war
Read »If you shop at major online retailers to avoid paying sales tax, you may soon be out of luck. The Senate is set to vote next week on legislation that would require major online retailers to charge a sales tax. The Act would require the residents of the 45 states and District of Columbia that
Read »TD Bank is encouraging children to save by rewarding them for reading during their summer vacation. Children who read 10 books during the summer will receive a $10 deposit into a new or existing Young Saver account. “The Summer Reading Program provides an excellent opportunity for parents to encourage their kids to improve reading levels
Read »There are lots of ways to make your groceries last longer. If you want your fruits and vegetables to last, consider getting an Ethylene Gas Guardian. The E.G.G. is a $25 investment that absorbs Ethylene, a gas that causes certain items to ripen more quickly. Storing this little device in your produce drawer is an
Read »HomeTrust Bank, based in Asheville, N.C. with $1.6 billion in assets, entered an agreement to acquire BankGreenville, based in Greenville, S.C. with $111.2 million in assets. “We are excited to expand our franchise into the upstate South Carolina market and to partner with such a quality community bank,” said Dana Stonestreet, President and Chief Operating
Read »Lamassu, a startup, claims to have created the world’s first Bitcoin ATM. The machine will ask users to present a QR code on their cellphones to verify users’ accounts. Then, users insert paper currency, which is instantly converted to Bitcoins and sent to users’ accounts. The Bitcoin ATM is expected to help intertwine the realms
Read »The U.S. economy added 165,000 in April, according to the latest report by the Bureau of Labor Statistics. The unemployment rate has dropped from 7.6 percent to 7.5 percent. The drop, albeit very small, is a good sign for savers. The Federal Reserve projects that interest rates will start to rise when the unemployment rate
Read »Google has joined the ranks of those taking stakes in the quickly growing peer-to-peer lending site Lending Club, an investment alternative for savers looking for higher returns on their money. It was announced May 2 that Google has taken a minority stake in the company and joined Foundation Capital to buy $125 million in shares
Read »Opus Bank, based in Irvine, Calif., has agreed to purchase four branches from California Bank & Trust, based in San Diego, Calif. Opus Bank will also acquire $138 million in deposits, which are held in these four locations. The move is expected to help Opus Bank expand its footprint while CB&T aims to improve the
Read »According to mortgage financier Freddie Mac, mortgage rates dropped even further this week, with 15-year fixed-rate loans hitting a record low. The 15-year fixed rate has fallen this week from 2.61% to 2.57%, in stark contrast to where it stood a year ago at 3.07%. The 30-year fixed rate dropped 0.05 percent point to 3.35%,
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