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Oil dips towards $63 on U.S. crude build, China fears Oil eased toward $63 a barrel on Thursday, after sliding almost 6 percent the day before on data showing a jump in U.S. crude stocks, while the market kept an eye on measures by China to manage credit growth. IB TimesDudley says credit to remain tight William Dudley, president and chief executive of the Federal Reserve Bank of New York, sought to dispel fears of rising inflation, while playing down prospects for a speedy economic recovery in the US FTHartford quarterly operating profit tops forecasts Hartford Financial Services reports better-than-expected quarterly results as rebounding equity and credit markets helped the insurer stabilize some businesses that had been crushed by the financial crisis earlier this year. Market WatchCredit card PIN a must for online shopping DELHI/BANGALORE: If you're an online shopaholic, make sure you have a personal identification number (PIN)/password for your credit or debit cards. Otherwise, forget about using them for internet s... India GazetteOil dips towards $63 on US crude build, China fears Oil eased toward $63 a barrel on Thursday, after sliding almost 6 percent the day before on data showing a jump in U.S. crude stocks, while the market kept an eye on measures by China to manage credit growth. IB TimesAmericans struggling more with personal finances A new report provides some insight into the role credit cards are playing in many Americans'' personal financial struggles. According to the research and policy organization Demos, the average low and middle-income household in America now carries $9,827 in credit debt, which takes approximately... NASDAQCrude and gold futures both dropped sharply today as investors eyed weak demand A sell-off in Shanghai served as an omen for the U.S. equities market today, with Chinese stocks swallowing steep losses on fears that the government might take steps to tighten credit...(Read More) Market WatchVisa quarterly earnings beat estimates as costs fall NEW YORK (Reuters) - Visa Inc reported better-than-expected quarterly earnings on Wednesday, as the world's largest credit card network cut expenses and credit-strapped consumers used their debit cards more. ReutersVideo: Buyer Beware: Web Supplements People who buy health care supplements online need to read the fine print before plugging in their credit card information, reports Kelly Cobiella. CBS NewsCompanies pay down debts The bank debt held by uk companies fell for the first time since records began in 1997, in a sign of the credit squeeze facing smaller businesses FT1 2 3 4 |
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