Reducing Transportation Emissions

According to statistics, the US release the second highest amount of carbon emissions in the world, after China. A staggering 33% of the US carbon emissions that are released comes from transportation, with 60% of the transportation emissions coming from gasoline for cars and light trucks. This means that transportation is the second largest contributor…

Bank of America to pay nearly $17B in mortgage pact

Bank of America (BAC) will pay $16.65 billion to settle a federal probe into its mortgage practices in the years leading up to the 2008 financial crisis. The financial giant said Thursday that it has reached a deal with the US Department of Justice and other federal agencies, along with six states, to resolve multiple…

Pay Your Credit Cards The Right Way

Most people have heard the following story, or something very similar: If you charge $3,000 on a credit card at 17% interest, and only make the minimum payments, you wont have the balance paid off for 35 years. And, youll end up paying more than $11,000, or almost four times the original debt amount. Who…

Best 2014 Labor Day Car Sales

With Labor Day fast approaching, automakers are offering lots of new car purchase deals, which include zero percent financing deals for five to six years through the holiday weekend. There are a number of cash back deals available as well. Here are some of the best 2014 Labor Day car sales. Chevrolet is offering zero…

Getting Your Student a Credit Card

When Mike Sullivan was getting ready to send each of his three children to college, he added one item to the school shopping list: their very first credit card. I wanted my children to have the security and comfort of knowing that they had a credit card in the case of an emergency, says Sullivan,…

Average US 30-year mortgage rate at 4.10 percent

Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage fell to 4.10 percent from 4.12 percent last week. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped to 3.23 percent from 3.24 percent. Mortgage rates have fallen in recent weeks after climbing last summer when…