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News Library - January, 2009

Card Mail January, 30, 2009

Mailbox a little lighter? Direct mail credit card solicitations fell 30% last year and the U.S. Post Office wants to reduce services to cope with lower demand and increasing costs. more

Debt Dip January, 29, 2009

While credit card debt was climbing steadily for most of 2008 at a 5% annual clip, the bottom fell out in the final three months of the year. As a result, credit card balances were anything but outstanding for 2008 as the nation's top issuers ended the year ... more

Check-Up Time January, 28, 2009

Consumers mustn't neglect the annual financial to-do list of checking credit report details, especially as credit card issuers reduced credit lines and closed accounts in the final months of last year. A new survey by TrueCredit.com found that 63% of ... more

Financial Discord January, 27, 2009

The recession is putting a wedge into American marriages as the position of primary breadwinner has changed over the past six months due to job losses or salary decreases. A new survey found that 43% of U.S. couples, and almost a third of all couples ... more

Biz Pulse January, 26, 2009

Small business owners are adjusting to the uncertain economy by putting business development spending plans on hold and forgoing employee healthcare insurance. The latest monthly index of economic confidence among small business has found that 46% say they ... more

Super Spending January, 23, 2009

Seven out of ten households in Washington, D.C., Pittsburgh, and San Antonio plan to hold "Super Bowl" parties. Nationally a Visa survey found that 66% of households will party on February 1st and shell-out $172 on average for the festivities. more

Digital Buzz January, 22, 2009

Internet security, online payment, password management, credit card fraud, cell phone usage, and identity theft can make your head swim. A new Web Site has been launched by a firm specializing in digital security to help consumers sort it all out. more

Recession Progression January, 21, 2009

A new survey of business executives has found that most expect the current recession to hang on till 2011. About one-third of executives expect President Obama will exert a very active level of government regulatory and enforcement activity among business ... more

Obama/MLK Cards January, 16, 2009

About 200,000 limited edition "Obama SmarTrip" fare cards will be distributed by the Washington Metropolitan Area Transit Authority to commemorate President Obama’s inauguration. Also, Home Depot has launched a collector's edition "Dr. Martin Luther King, Jr. ... more

Obama Factor January, 15, 2009

The latest measurement of consumer confidence hit a new low, but it would have been even lower if not for the "Obama Factor." Consumers are frustrated with the ongoing inability of the government and the private sector to stabilize the economy. more