|
Record household debt bears watching
|
|
Federal Reserve Chairman Alan Greenspan said Tuesday that rising household debt and surging home prices were cause for attention, but not undue alarm, terming most Americans' finances in 'reasonably good shape
|
|
|
Greenspan says debt unlikely to destabilize U.S. economy
|
|
Record consumer debt won't become ``destabilizing'' to the U.S. economy so long as there isn't a ``significant fall'' in home prices or household incomes, an unlikely prospect, Federal Reserve Chairman Alan Greenspan said Tuesday.
|
|
|
The "float" is sinking
|
|
Consumers who rely on the 'float' in writing checks to pay their bills on time could be socked with hefty fees from their banks for bounced checks because of a sweeping federal law that takes effect Thursday.
|
|
|
College tuition rises again
|
|
The College Board reported Tuesday that the average tuition for in-state students at four-year public schools is $5,132 this year. Last year, tuition rose 13 percent, the first double-digit increase in a decade.
|
|
|
Electronic Payments Expected to Account for 43% of U.S. Consumer Payments By 2007, According to New
|
|
Electronic payments are expected to grow from 33% of the consumer payments mix in 2002 to 43% by 2007 according to a new report from market research publisher Packaged Facts titled 'Third-Party Processing in North America.' Growth is being fueled primarily by increased Internet commerce, international expansion, and an increased number of debit transactions.
|
|
