A mobile phone with a credit card function is place on a reader to purchase train tickets. (Getty Images)

Hidden Costs In Cell-Phone, Digital-Wallet Payment Services?

While Americans are still using plenty of cash, checks, credit and debit cards to pay their bills, new electronic methods such as paying by cell phone or digital wallets are emerging. But what are there drawbacks?

WWJ Newsradio 950–08/06/2011


Michigan Home Sales Continue To Drop

Home sales numbers have fallen 4.9 percent in Livingston, Macomb, Oakland and Wayne Counties for the month of April over 2010 numbers.

WWJ Newsradio 950–05/17/2011

(Surveillance Video Shots)

Police Seek Tips To Catch “Mad Hatters”

Sterling Heights Police are looking for the public’s help in tracking down a rather unexpected group of criminals.

WWJ Newsradio 950–05/05/2011

President, GOP Debate Financial Reform, Stimulus

President Barack Obama says consumers would lose if Republicans regain power in Congress and try to roll back his hard-won Wall Street overhaul.


Stocks Resume Rally As European Debt Worries Ease

Stocks are rising as investors brush off fresh worries about the health of European banks to resume a rally.


Stocks Fall As Worries About European Debt Return

Stocks are closing lower following new worries about Europe’s debt problems. Treasury prices rose and gold settled at a new high Tuesday as investors sought out safe assets.


Compuware Gomez Publishes Retail Banking Web Site Performance Benchmark

Gomez, the Web performance division of Detroit-based Compuware Corp. (Nasdaq: CPWR), Wednesday published the first U.S. Retail Banking Web Site Performance Index. This single, overall rank provides retail bankers with a fast, top-line view into […]


Report: U.S. Bailout Program Helps Foreign Countries

The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries’ financial rescue plans did on the U.S., according to a new report […]


Republicans Block Small Biz Lending Bill

Senate Republicans have blocked a bill to increase small business lending, dealing a setback to President Barack Obama’s jobs agenda.


Stocks Drop On Weak Consumer Sentiment, Bank Earns

Investors are finding disappointment everywhere and taking out their frustration on stocks. Stocks slumped Friday after banks’ second-quarter earnings fell short of expectations and a new survey found that consumers are becoming more pessimistic.