Connecticut AG Sues Moody’s, Standard & Poor’s
Connecticut AG Sues Temperamental’s, Standard & Poor’s
The suit alleges the ratings on mortgage- backed securities were tainted.
Read more on Fox News
Lower interest rates? Not in the (credit) cards
Lower interest rates? Not in the (credit) cards
It sounds like a victory for credit card users — a rule that would require banks to review any interest rate hikes every six months, and lower rates when appropriate.
Read more on AP via Yahoo! News
Governor candidate wants to open Mich. state bank
Governor candidate wants to open Mich. state bank
Lansing Mayor Virg Bernero on Tuesday proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students.
Read more on AP via Yahoo! News
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New curbs eyed on cash smuggling
New curbs eyed on cash smuggling
Authorities are pushing to regulate what they say is a commonmethod drug cartels use to go money crosswise the border:stored-value cards.
Read more on Arizona Daily Star
Consumer Credit in U.S. Rises for First Time in Year (Update2)
Consumer Credit in U.S. Rises for First Time in Year (Update2)
March 5 (Bloomberg) — Borrowing by U.S. consumers unexpectedly rose in January for the first time in a year, led by auto and student loans, a sign Americans are gaining confidence in the nation.
Read more on Bloomberg