The credit card was introduced in 1958. Revolving debt, most of it from credit cards, stood at $1.5 billion 10 years later, according to the Federal Reserve. This summer, it reached $969.9 billion.Vot...
TheMercuryNews -
Topic : Finance
8 
Lately, more brides have been thinking thrifty as the economic slowdown has left them worried more about the higher cost of living than whether to serve chicken or filet mignon. Latest market news...
TheMercuryNews -
Topic : Finance
13
WASHINGTON &mdash Borrowing by consumers slipped in July to the weakest pace in seven months, reflecting a big slowdown in demand for car loans. ...
TheMercuryNews -
Topic : Finance
8
NEW YORK &mdash Washington Mutual, ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the grow...
TheMercuryNews -
Topic : Finance
14
High cost of gasoline getting you down Your employer may be willing to help....
TheMercuryNews -
Topic : Finance
8
There s some sentiment that a government rule that forces retirees to withdraw money from their IRA and 401k accounts when they turn 70 may need to be changed. That s because people are living longer...
TheMercuryNews -
Topic : Finance
9
When Valorie Golin went to visit her parents in March, the first thing she did was get into their bank accounts. Golin had no larcenous intent. Quite the opposite. The 32-year-old banker was trying to...
TheMercuryNews -
Topic : Finance
22
You might assume that with home purchases and new mortgage volume off by 30 percent or more in many markets during the past year, loan fraud would be down as well. Wrong. A benchmark quarterly study r...
TheMercuryNews -
Topic : Finance
10
WASHINGTON &mdash Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. ...
TheMercuryNews -
Topic : Finance
10
While Wall Street is still debating which economies abroad might join the U.S. in a slowdown, investors shouldn't wait for an answer....
TheMercuryNews -
Topic : Finance
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