Financial Cookie Jar

General Motors Co. plans to decrease their production of the Hummer after their attempt to sell the line to a Chinese company. Tengzhong is a heavy machinery company based in the Sichuan province.

If you are in the market for buying a new house there has not been a better time than now. Sales of new homes dropped last month to the lowest they have ever been since the government started keeping track back in 1963. The seasonally adjusted annual rate of new home sales was reported at [...]

Yesterday new restrictions were placed on credit cards companies to help current and potential borrowers to be protected from unforeseen interest rate increases, to become more aware of their accounts, and to be able to get the help they need. There were several changes to the statements, such as a debt help phone number to call.