A Boston city councilor wants to enlist the help of valets in keeping drunken drivers off the road. "They are literally our last line of defense," says Rob Consalvo. But critics say that's too much responsibility for valets who, unlike bartenders, are not trained to spot intoxication.
The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. New limits on those fees could cause banks to raise other fees, but such moves have met resistance from consumers.
European leaders saved Greece from a messy default — and a possible exit from the Eurozone — by finalizing a second bailout, with loans amounting to around $170 million. Greek politicians are celebrating for now, but most Greeks are filled with dread. They fear the new austerity measures will drag out the recession — which is in its fifth year — and continue to push up unemployment, which is already more than 21 percent overall.
A little more than a year ago, NPR launched the Road Back to Work series, following six people in St. Louis who started 2011 unemployed and were searching for work. Like so many Americans, the people we followed have had difficulty getting health coverage, even after returning to work.
Americans have tended to save more and spend less in the years since the economic downturn in 2008. But according to a survey from BankRate.com, only 54 percent of Americans have more emergency savings than credit card debt.
Borrowers claim Quicken charged them "something for nothing" when it included a loan discount fee, even though the borrowers did not receive a lower interest fee. At issue is whether that charge violates a a 1974 federal law aimed at preventing abusive practices in real estate closings.
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