RECENT NEWS
guardian.co.uk  2 hrs ago  Comment 
A return to the days when credit cards were status symbols brandished by the well-off could be on the horizon, according to a report published today. Precious Plastic, an annual analysis of the credit card market by the accountancy firm...
Expected Returns  Nov 8  Comment 
NY Times, Windfall is Seen as Bank Bonuses Are Paid Back in Stock Mish, Financial Transaction Taxes Would Cause Stock Market Crash Zero Hedge, Observations on the Psychology of a False Market Rebound Financial TImes, Brown Floats Idea for...
New York Times  Nov 7  Comment 
Unlike in most other cities, riders in New York swipe the cards themselves, and the Taxi and Limousine Commission says revenue and tips have increased.
Business Standard  Nov 7  Comment 
Issuers allow you to convert your credit card purchases to EMIs, but it comes with strings attached.
MarketWatch  Nov 7  Comment 
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Nov. 2-6:
The Mess That Greenspan Made  Nov 6  Comment 
Econoday reports that consumer credit contracted for a record eighth straight month in September as consumers tightened their belts and lenders tightened credit. Between consumers sticking their money into savings and banks cutting back on loans,...
Forbes  Nov 6  Comment 
New accounting rules will force big banks to own up to their hidden obligations.
The Economic Times  Nov 6  Comment 
Club memberships, credit cards and meal vouchers could find the next four months a little too harsh on their wallets as they may have to cough up the entire annual tax on such benefits during this period.
MarketWatch  Nov 6  Comment 
Outstanding consumer debt fell at a 7.2% annual rate in September, the eighth consecutive decline, the Federal Reserve reported Friday. Consumer credit fell by $14.8 billion to $2.46 trillion in September, down 4.7% compared with a year ago....
MarketWatch  Nov 6  Comment 
It’s tough enough to get by as it is without the state dipping its hands ever-more greedily into your paycheck. But for those of us living in California, that’s exactly what started happening a few days ago.
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