Peso Shortage Drives Card Debt to Recor...Published: Sun, 23 Jan 2011 19:26:45 -0800
The shortage of Argentine pesos, driven by accelerating inflation , is pushing up credit card debt to a record as consumers struggle to obtain cash for purchases.......
HSBC cuts 500 U.S. jobs, pares credit c...Published: Thu, 20 Jan 2011 16:28:12 -0800
HSBC Holdings Plc is laying off about 500 employees as it ends credit card customer service and collections work at a center in New Castle, Delaware.......
A New Landscape for Credit Cards...Published: Sat, 22 Jan 2011 19:23:24 -0800
Credit cards are back in vogue for both issuers and consumers. Card issuers are again opening the doors for subprime borrowers who were locked out during the recession. They also ......
Bond Buyers Oppose Fitch Rating as Spre...Published: Sun, 23 Jan 2011 13:54:34 -0800
Fitch Ratings is preparing to raise Russia’s credit rating even as investors downgrade the country’s bonds relative to Mexico and Brazil.......
Do sweat the details...Published: Sun, 23 Jan 2011 20:05:49 -0800
WASHINGTON — Did you buy energy-efficient windows for your home last year? You can only take the energy efficiency credit if they were installed by Dec. 31.......
Goldman Sachs Bond Sale Signals Inflati...Published: Sun, 23 Jan 2011 14:21:38 -0800
Goldman Sachs Group Inc .’s offering of 30-year bonds, its first in more than three years, signals waning concern among investors that inflation is accelerating.......