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“Interest rate cut may reduce car sales” (The New Sabah Times)
KUALA LUMPUR . Proton car sales may drop instead of increase with the downward revision in the Bank’s lending and base financing rates” said Armin Baniaz Pahamin, Deputy President, Proton Edar Dealers Association Malaysia.
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Water rate increase looms (The Ocala Star-Banner)
OCALA - Some implications of the paralysis of the nation's credit markets are familiar: students unable to obtain loans to attend college; business owners worried about making payroll; car buyers denied money for new cars; taxpayers on the hook for billions in bailing out Wall Street.
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Credit card companies quick to raise rates, fees (Atlanta Journal-Constitution)
Greg Fischer was already fed up with Bank of America for doubling his credit card's interest rate to 28.99 percent — the price for being a couple of weeks late with a payment in April. What sent him over the top, he said, was the bank's decision to rule his September payment late, too. He paid on the due date on the bank's Web site. But he paid at 4:10 p.m. — past a 3:30 cutoff that Fischer said ...
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How did the NBER reach its recession finding? (The Globe and Mail)
And, how to buy gold bars for investment purposes
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Payday lending foes hopeful (The Springfield News-Leader)
By Amos Bridges
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Quick money at high interest (Haaretz Daily)
Let's start from the bottom line: Few activities are more distasteful than approaching your bank manager to ask for a loan. Even so, the bank should be the first stop on a quest to borrow money, for the simple reason that banks offer the least expensive loans - much cheaper than the alternatives.
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The Washington Post: Student loans to test Treasury (The Capital Times)
Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans. The program, announced this week and developed by the Treasury and Federal Reserve, is not aimed specifically at the student loan market. Its much ...
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(AFX UK Focus) 2008-12-01 14:52 Glance-STOCKS NEWS EUROPE-Moss Bros falls on profit warning (Interactive Investor)
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News
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Briefly in Tompkins (The Ithaca Journal)
The Share the Warmth campaign is about to start distribution to those in need and are facing a shortfall of coats, especially children's coats. The community is being asked to donate gently used or new winter coats, hats, gloves, mittens, boots, and blankets.
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US Treasury and the Fed: too close for comfort? (The Christian Science Monitor)
Some economists have reservations about recent moves to rescue the economy.
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