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Oct. 11 (Bloomberg) -- Canada's dollar suffered the biggest weekly decline in at least 37 years as the deepening credit crisis drove investors to take refuge in the U.S. dollar . The Canadian currency fell 7.7 percent against its U.S. counterpart ...
Read moreWith billions of credit card come-ons bombarding Americans every year, it’s practically impossible to know that you’re getting the best deal possible on your credit card. But whether you’re looking for the lowest rate, most cash back or other ...
Read moreStung by economic uncertainty and a credit market that remains tight despite the federal government's $700 billion rescue plan, many U.S. banks are putting the squeeze on credit-card customers. Card issuers are cutting borrowing limits, closing ...
Read moreConsumers are not just having a tougher time obtaining auto loans and mortgages. The credit crunch and weak economy also are taking a toll on credit cards. Perhaps you have noticed that you're receiving fewer offers for credit cards in the mail. If ...
Read moreThe Fed slashed its target for short-term rates a half percentage point to 1.5%, the lowest in more than four years. Fed policymakers voted unanimously during an emergency meeting Tuesday night to approve the cut. "The pace of economic activity has ...
Read more(page 2 of 2) We are aware of the credit quality of [WaMu's] portfolios and will manage risk appropriately." Credit-card losses are already taking a bite out of lenders' balance sheets. Bank of America, the nation's second-largest issuer behind ...
Read moreTuesday, October 7, 2008 In the United States, the Dow Jones industrial average plunged 800 points during the day but trimmed its losses to close at to 9,944.40, down 369.88 points, or 3.6 percent. It was the average's first close below 10,000 since ...
Read moreAfter months of skyrocketing gas prices, at least one Tucson-area service station started charging less than $3 a gallon for fuel this week. Statewide, fuel averages fell to a six-month low Friday of $3.29 per gallon for regular fuel, according to ...
Read moreMost Americans have at least one credit card and financial experts say you should work to pay those off now. “It makes a whole lot of sense to start paying down debt. If you haven't done so already with maybe either your lowest balance credit card ...
Read moreMADISON, Wisconsin (Reuters) - The Federal Reserve will succeed eventually in getting paralyzed credit markets moving, but for now they are dragging on the U.S. economy, Boston Fed President Eric Rosengren said on Thursday. Rosengren, in a speech at ...
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