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Why the Bank of England may have just signed free banking
Could Britain's falling base rate, now at another historic low, spell the end of free banking? In a post-credit crunch world, where banks are being urged to return to their traditional business model,...
Big News Network

Raising credit scores and S.S. tax issues
You want to get your credit score in shape, but times are tough. Where to start? It's one of the reader questions Associated Press personal finance writers answer in the latest installment of 'Your Money.
The Salt Lake Tribune

Unemployment Funds: Ri Could Borrow Up to $75M from Federal Government
Rhode Island has become the eleventh state to apply for an interest-free line of credit from the federal government to replenish its state unemployment insurance trust fund, administered by the RI Department of ...
Topix

China`s Soaring Lending Stands Out
Chinese banks are continuing to pump money through the economy – sparing China from the liquidity crunch and credit collapse savaging other nations.
Wall Street Journal

Madoff guilty plea on the cards
Bernard Madoff, the man accused of orchestrating a $50bn (£35bn) fraud, may plead guilty next week, reports say.
BBC

The ICE Recieves The Go Ahead From The SEC To Clear Credit Default Swaps
The Intercontinental Exchange (ICE) cleared its last hurddle to begin clearing credit default swaps today after the Securities and Exchange Commission...
DailyFX

Consumer Credit Rises Unexpectedly
Consumer credit unexpectedly rose in January, against expectations that consumers would borrow less amid the economic downturn. The Federal Reserve reported that consumer credit rose by $1.8 billion, against forecasts for a $5.5 billion drop. Consumer...(read more)
Mortgage News

Immelt meets Buffett in market roiled by credit swaps
Warren Buffett and Jeffrey Immelt are among a handful of chief executive officers whose companies are rated AAA. Yet Buffetts Berkshire Hathaway Inc and Immelts General Electric Co are being treated like junk in the market for credit-default swaps. Contracts that protect investors against a default on bonds of Omaha, Nebraska-based Berkshire, which has $25.5 billion in cash, cost as much as those of KB Home, the homebuilder that lost money for seven consecutive quarters.
Business Standard

General Motors Shares Drop To Lowest Level Since 1933
Renault Mazda and Alfa Romeo play the performance card.
Autospies.com

AMT Announces Integrated Support for OnSSI With Envoy Data 1Point(TM) Card Access Systems
AMT Announces Integrated Support for OnSSI With Envoy Data 1Point(TM) Card Access Systems
tmcnet.com

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Archived "business - credit card" news stories.

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