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WASHINGTON—Health care continued to take up a greater share of the economy in 2007, as spending on hospitals, doctors and other services increased 6.1 percent to $2.2 trillion. There was a silver lining in the numbers: The increase in health ...
Read moreGetting your credit report in shape in 2009 is a sound New Year's resolution. Just make sure you're not reeled into any fraudulent schemes. With a deepening recession leaving more people in financial distress, fraudulent services promising to scrub ...
Read moreFor the first time in recent memory, Caroline Shipley isn't afraid to check the mail. The same couldn't be said this time last year when she'd put almost the entire family's Christmas presents on various credit cards, choosing to deal with the ...
Read moreAs consumers go into the post-holiday bill-paying period, the state officials warn people not to take the seemingly easy way out of credit card debt. Some companies advertise themselves as credit-repair services that cut bills in half, said Liz ...
Read moreHard times are usually good times for debt collectors, who make their money morning and night with the incessant ring of a phone. But in this recession, perhaps the deepest in decades, the unthinkable is happening: collectors, who usually do the ...
Read moreThe lackluster holiday season and deepening recession will take a toll on retailers across the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection. KB Toys ...
Read moreFresno, CA, USA (KFSN) -- Valley credit counselors are gearing up for a big month as holiday spending starts to catch up with consumers. First, it was the early morning Black Friday deals the day after Thanksgiving. Now, stores are offering even more ...
Read moreSunday, December 28, 2008 With a deepening recession leaving more people in financial distress, fraudulent services promising to scrub credit reports of negative information are rampant. Just this year, the Federal Trade Commission saw a 50 percent ...
Read moreAS BAD AS THINGS ARE IN the financial sector, America's credit-card companies may not have seen the half of it. PSL Images/Alamy More and more consumers are falling behind on their monthly card payments as unemployment rises. The industry's prime ...
Read moreThe industry's leading companies include: American Express , Bank of America, Citigroup, Capital One Financial Discover Financial Services and JP Morgan Chase. Compounding the sector's problems are that its primary source of funding, the asset-backed ...
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