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NEW YORK - Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...
Read moreAs the banking industry stumbles through the crisis that has gripped the financial world, consumers have a viable alternative to a traditional bank: a credit union. Credit unions can have important competitive advantages over banks. For example, as ...
Read moreW hen trying to live more frugally and reduce your expenses, you might be tempted to cut up your credit cards. Before pulling out the scissors, pay attention to Brock's story. He drove to Ottawa with his wife this month to attend a family wedding ...
Read moreWall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets, worried workers, struggling small business owners and cash-strapped families are wondering if anyone is paying attention ...
Read moreThe other day during one of my visits to the mall, I was tempted with 40% off holiday decorations, Christmas dinnerware that was half off and deeply discounted fall clearance clothing, including taffeta skirts suitable for holiday parties. The prices ...
Read moreTighter credit will bring challenges for shoppers and could doom the holiday season for stores. "We are going to be seeing some problems," said Anthony L. Liuzzo, professor of business and economics and director of the MBA program at Wilkes ...
Read moreConsumers plan to spend an average of $832 on holiday shopping this year, according to a national survey, but gift giving doesn't have to put financially strapped families deeper in debt. "When finances are tight and job stability uncertain ...
Read moreBanks and airlines are pushing plastic harder than ever. The marketers like to toss around words such as ''security'' and ''convenience,'' but it always pays to do a little homework before deciding to fatten your travel wallet with another card. Here ...
Read moreU.S. Secretary of Treasury Henry Paulson. "I don't think providing more leverage to consumers is best for our economy in the long-term," says Adam Lerrick, who is a visiting scholar the conservative-leaning Washington-based think tank American ...
Read moreIf you use a credit card for basic living expenses, including groceries and gas, a word of advice: Stop. If that's the only way you can pay the bills, call your credit card company as soon as possible - their big bills are coming - and start talking ...
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