The New Look for Credit Cards
Next year at this time, the credit card scene will look entirely different…namely more of a “one-size-fits-all” model. Consumers will see: • less credit available •…
Your Kids’ New Lingo?
Bailout, foreclosure, moral hazard, derivatives, FDIC limits, subprime, depression, main street vs. wall street, credit debacle. Are children you know becoming familiar with financial words and…
Standing at U.S. Economic Base
Being on the trading floor of the New York Stock Exchange has to be the highlight of my trip to New York this week. A new…
No One Has a Crystal Ball
You can’t control what happens in the stock market…or the economy. But you can control how you react. Take charge of your investment decisions. Now is…
Jobless Recovery?
What is a jobless recovery, and are we having one? Fed chair Ben Bernanke’s testimony today referred to a jobless recovery. First, he talked about an…
Homeowners Dilemma
Until home prices reach the market bottom, the U.S. housing crisis will continue. Why? Those who bought homes they could not afford will have to move…
Hooked on Credit
Yesterday, the default rate for credit card users reached 10 percent and more at key issuers such as Bank of America, American Express, Citi, and Capital…
Wow, What an Economic Ride!
Looking at the last few days, it’s been quite a roller coaster ride financially…the stock market crashed, and the banks’ credit supply froze. Financial turmoil swirled…
The Money Godmother 