Spending in America is going up and so is the number of credit card swipes, explained a New York Times article on May 13th, 2011.
Americans are starting to slowly spend more using their credit. Recently the use of credit went up 2.9 percent in March, which most economists like Gregory ...
Citigroup has joined the recently growing list of large companies that have fallen victim to hackers. But the public has been chastising Citigroup instead of giving sympathy, as reported in a June 10th, 2011 New York Times article “Citi Data Theft Points Up a Nagging Problem.”
Citigroup’s failure to inform their ...
According to a recent report by the Federal Reserve, in recent years there has been a shift in financial sector, consumer, and government debt. The report, published by the New York Times, shows that financial sector and consumer borrowing, instead of increasing, now is falling, while government borrowing, instead ...
A new study released by the Institute for Higher Education found that many people with student loan debt are having problems paying them back, The New York Times reports, “Loan Study On Students Goes Beyond Default Rates”, Wednesday, March 16, 2011.
The numbers are impressive. For every borrower that defaults ...
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4.5.2011 – Did you know?
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