Toyota recently announced the latest recall of their cars, which involves the Matrix and Corolla models built between 2005 and 2008. Toyota, the world’s largest automobile manufacturer, has been plagued with several issues involving unreliable components recently, which have had to be rectified through major recalls that have seriously tarnished its image as the manufacturers [...]
Home Foreclosures Increase As Mortgage-Aid Program Fails To Meet Targets
Recent information released by the Treasury Department indicates that the proposed solution implemented by the Obama Administration to tackle the issue of rising numbers of foreclosures on homes has failed to meet its targets. A recent press release from the Treasury Department stated that “approximately 630,000 people who had tried to get their monthly mortgage [...]
Advanced Melanoma - New Skin Cancer Treatment Revealed
A new breakthrough in the treatment of advanced melanoma skin cancer was announced in a recent issue of the New England Journal of Medicine, with the new experimental treatment said to have been successful in reducing the size of a skin cancer tumor by up to 80 percent. The new treatment is currently known as [...]
Bad Credit Loans - Ways to Work Receives New Funds For Loans
Ways to Work Inc., a non-profit, federally certified, Community Development Financial Institution (CDFI) that provides short-term, low-interest loans to low income families with challenging credit histories, has been awarded $750,000 from the U.S. Department of the Treasury’s CDFI Fund. This $750,000 award is one of a total of 180 awards given to financial institutions across [...]
Republicans Voice Opposition To Implementation Of New Tier 5 Unemployment Benefits
The 99ers, the unemployed people in America who have exhausted the 99 weeks’ worth of federal unemployment benefits given under the current benefits structure, as well as the numerous other supporters of the introduction of a new Tier 5 to the current benefits structure were disappointed by the stance against unemployment extension being taken by [...]
Significant Drop-Off In Home Sales Figures
A significant drop in home sales figures was recorded last month following the expiration of the federal home-buyers tax credit, sparking new fears of the real estate market stalling, and the potential impact this will have on the process of economic recovery. Although a reduction in home sales figures had been anticipated, the actual figures [...]
Class Action Suit Filed Against Mortgage Loan Modification Company Aurora Loan Services LLC
A class action lawsuit was recently filed against Aurora Loan Services LLC by a group of homeowners who claim that Aurora Loan Services LLC had deliberately mislead and cheated them out of tens of thousands of dollars each, by charging them a fee to have their troubled mortgages reviewed and modified in order to stop [...]
Unemployment Extension Update: US Unemployment Figures Affecting Economies Around the World
Recent statistics released by the US Labor Department indicated that during the week ending on the 14th of August, an incredible 500,000 increase was recorded in the number of unemployed workers filing for unemployment benefits. The US economy has all but stalled, and the repercussions of this have been felt globally, as troubles in the [...]
Egg Recall Update: Salmonella Outbreak Sparks Lawsuits and Investigations
The Centers for Disease Control and Prevention announced that over 1300 cases of salmonella enteritidis have been reported in over 10 different states recently. Fortunately, no deaths have been reported as a result of this outbreak as yet, although the disease is potentially fatal, especially in those with weak immune systems. Most of these reported [...]
“True Blood” Couple Anna Paquin and Stephen Moyer Weds in Real Life
Anna Paquin and Stephen Moyer, who play the roles of the supernatural couple Sookie Stackhouse and Bill Compton in the HBO hit series “True Blood,” were recently married in a ceremony at a private house in Malibu, California, surrounded by family and friends. The on- and off-screen couple, who have been together since meeting on [...]