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Last updated: 21:08:51 Thursday Oct 8, 2009


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  • Democrats want credit card reform effective sooner
    WASHINGTON (Reuters) - Credit card issuers' recent actions prove that lawmakers should move up the effective date of new restrictions on card interest rates and fees, U.S. Representative Barney Frank said on Thursday.   People:Barack Obama   Activities:111th Congress   Source:(Reuters)   2009-10-08

    Regulators adopt new credit card rules
    WASHINGTON - Federal regulators on Thursday adopted sweeping new rules for the credit card industry that will shield consumers from increases in interest rates on existing account balances among other changes.   Activities:Global Financial Crisis   2008-12-18

    Regulators nix credit card debt forgiveness plan
    WASHINGTON - Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt.   Activities:2008 U.S. Financial Rescue   Source:(AP)   2008-11-13

    The Steady Ascent of the Debit Card
    Raquel Garcia is serious about avoiding debt. The 18-year-old customer-service representative for U-Haul recently canceled her credit card. Now she gets her entire paycheck deposited onto a prepaid debit card, which she uses for all her purchases. Since she can access only what's in the account, Garcia no longer worries about breaking her budget: "I'm spending just what I need."   Source:(BusinessWeek)   2008-11-02

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    [China-U.K.]: China executes British national despite pleas (08:01 12/29)


    [2009 Iran Election]: Iran arrests sister of Nobel laureate (08:01 12/29)

    [2009 Flight 253 Terrorism Plot]: Delays, but no travel chaos following attack (08:01 12/29)


    [2009 National College Football]: Georgia drops Texas A&M 44-20 in Indy Bowl (08:02 12/29)

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    [Iraqi Oil Industry]: Iraq inks oil deal with Russia's Lukoil (08:01 12/29)


    [Anti-terror War in Pakistan]: Thousands mourn Pakistan bomb victims (08:01 12/29)


    [2008 U.S. Layoff Crisis]: Employers see uptick in hiring in 2010 (08:01 12/29)


    [U.S.-Russia Military Relations]: U.S. missile shield holding up nuclear deal: Putin (08:01 12/29)


    [2009 Swine Flu]: WHO chief: swine flu pandemic continues (08:01 12/29)




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