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CAMBRIDGE - Returning to his alma mater yesterday at what he called "a turning point in American history," Senator Edward M. Kennedy tenderly recalled his days at Harvard University as "fresh as youth and yesterday" as he accepted an honorary degree ...

For Kennedy, 'a rare privilege' - Boston Globe

The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The ...

Credit Card Industry May Cut $2 Trillion Lines - Post Chronicle

TOKYO (Reuters) - Even after 14 years in the white-knuckle world of stock trading, Ken Masuda doesn't sound like a big risk-taker -- at least when he talks about his own cash. "I'm more conservative than most Americans when it comes to money," said ...

Frugal Asia to dodge much of credit card beating - Reuters

NEW YORK _ The percentage of people who were delinquent on their credit card payments rose in the third quarter from the same time last year, while average debt per borrower jumped 7.7 percent, according to credit reporting agency TransUnion LLC. For ...

TransUnion: 3Q credit card delinquency rate rises - Arlington Heights Daily Herald

The percentage of people delinquent on credit card payments rose year over year in the third quarter, while average debt per borrower jumped 7.7 percent, according to credit reporting agency TransUnion LLC. For the quarter ended Sept. 30, 1.09 ...

Past-due payments on credit cards rise - Rocky Mountain News

Meredith Whitney -- bank analyst extraordinaire -- predicts that the credit card industry may slash more than $2 trillion of existing credit lines -- 45% of the total -- over the next year and a half. Yikes! The obvious outcome here would be a huge ...

The Death of Credit Cards - The Money Times

That piece of plastic in your wallet can be a blessing, depending on how you use it. It can get you great deals. It can let you monitor your spending and thus help with budgeting. It can be a saviour in a cash emergency. A credit card not only lets ...

Credit cards offer convenience and benefits - Economic Times

Do you miss Bridget Jones ? What about The Devil Wears Prada ? Inspirational, yes? Did you consider the Sex and the City movie one of the greatest of all time - but believe they concentrated rather too much on plot and didn't spend anywhere near ...

Confessions of a Shopaholic: credit crushed - Guardian Unlimited

It's time to go on a debt diet. Carrying around a few thousand dollars in credit-card balances may have seemed perfectly acceptable a few months ago. But in this financial crisis, it can be downright dangerous to your financial health. Credit-card ...

Reduce debt the smart way - News-Leader.com

MARIETTA, Ga. (AP) - Cobb County officials say a former Georgia Tech employee convicted of using her university-issued credit card for personal items has been charged with stealing money from a middle school band boosters club. According to a Nov. 7 ...