The Credit Card Act Is A Bittersweet Victory

Your next credit card statement is going to contain an ugly truth: how much that card really costs to use.

Shocking: Walmarts First Ever US Sales Decline

Walmart, said comparable sales at its US stores fell 2 per cent during its fourth quarter against last year, and warned of a “more challenging” first quarter in the US.

US ‘Clears’ Toyota Fix For Pedal Woes

Obama administration is satisfied with a plan by Toyota Motor Corp to address a massive recall by fixing or replacing defective accelerator pedals

Toyota U.S. sales halt seen well into February

Toyota Motor Corp’s crippling sales shutdown of eight models due to a U.S. safety recall will continue until at least mid-February, sources briefed on the matter said on Friday.

Obama Unveils New Initiatives For Middle Class

Obama proposed a host of new measures designed to assist struggling middle-class individuals and families. His proposals expand existing tax credits for child care and retirement savings.

‘Dollar Crisis’ Author: 2010 Will Bring More Stimulus

“This current round of stimulus will begin to wear out and everything will start to weaken again, and that will require another round of stimulus, not just from the US but from China as well”

How Visa, Using Card Fees, Dominates a Market

Billions of dollars are won or lost all depending on whether you like to sign your name, or enter your PIN number.

Banks To Bombard Customers With New Fees In 2010

New Charges Seek to Get Ahead of New Federal Rules Limiting Increases in Interest Rates

Treasury To Dole Out $3.8 billion to GMAC, Raising Stakes

The U.S. is injecting another $3.8 billion into GMAC to cover mortgage losses, making the government the majority owner of the company.

The Worst May Not Be Over for Europe

Day by day fears are growing that Greece or another weak country may default on its sovereign debt obligations

Banks With Political Ties Got Bailouts

U.S. banks that spent more money on lobbying were more likely to get government bailout money, according to a study released on Monday.