Fat PennyTM

Personal Finance


Carlyle Group acted without license, Kuwaiti firm claims

KUWAIT CITY A Kuwaiti company suing the Carlyle Group over a $25 million investment that went bad is now accusing the private equity firm of marketing the deal without a license as it seeks to have its case heard in Kuwaiti courts.

Secrets of the Rich

In the trenches of class warfare, the wealthy are winning.

Money Insider: Despite their high rates, these credit cards are good news

This week saw the launch of another credit card advertising an actual percentage rate in excess of 35 per cent. Surprisingly, I'm not going to rant about the extortionate-looking interest rate, but focus on the positive, ie the option it gives people to rebuild their credit status.

Kevin Hunt: Don't Fall For It!

All rested up from a leisurely summer? Then let's expend some energy fighting off spammers, scammers, telemarketers and identity thieves. Here are a few basics every consumer should know:

Minnesota: Counties sue Fannie Mae, Freddie Mac

The Hennepin County attorney's office has filed a federal lawsuit against mortgage giants Fannie Mae and Freddie Mac, claiming the companies illegally failed to pay required taxes on home sales.

Home resales rise, housing recovery inches along

WASHINGTON – Home resales rose in July, helped by low interest rates and increased hiring although the data still pointed to a slow recovery in housing that will provide only slight support for the economy.

Avoiding identity theft is a 3D project

Penny Rathbun/Staff photo Prosper Bank vice president and compliance officer Jerrica Anderson holds up a pamphlet available at Prosper Bank when she spoke to the Preston Trails Rotary chapter in Celina in June about how consumers can protect themselves from identity theft.

Six companies making creative use of tablets

These businesses are using mobile technology as both a marketing edge and a productivity tool.

Usa Funds Helps Students Make Better-informed Decisions Using Sumtotal’s Advanced Learning Solution

GAINESVILLE, Fla.—-USA Funds says using SumTotal System’s cloud-based Learning Management Solution has been instrumental in its success with helping college students make better financial decisions.

British lawmakers criticize ex-Barclays CEO

Former Barclays CEO Bob Diamond offered a "highly selective" account to a parliamentary hearing on the banking rate-fixing scandal, British lawmakers said Saturday in a highly critical report.