Consumer debt seen rising’again


Consumer debt seen rising’again

The financial crisis prompted consumers to start paying down their debt, but even with the economy far from recovery, that decline in consumer debt is expected to reverse.

Frontline? Blames Bankers, Lawmakers for Crisis: Review

Early in Money, Power and Wall Street ,? a two-night, four-hour investigation by Frontline into the 2008 financial crisis, former JPMorgan Chase & Co. s investment bank Co-Chief Executive Officer Bill Winters recalls a 1994 staff retreat in Boca Raton, Florida.

Fidelity Investments' 2011 profit rises 13 percent

Fidelity Investments said on Wednesday that its operating income rose 13 percent in 2011, the third consecutive year of rising profits for the privately held company after a slowdown during the financial crisis.

Federal Reserve to disclose more details on plans for low interest rates

The Federal Reserve, which took aggressive action in response to the U.S. financial crisis and more recently to help keep European banks in good health , has been divided for months over whether to take major new actions to bolster the nation’s slow ec…

Business Lending to Rise in 2012

Banks have healed from the financial crisis. They might even find themselves competing for customers.

Schools struggle to recover amid years of financial cuts

STOCKTON — The financial crisis hitting many of the nation’s public schools is taking a heavy toll in cities such as Stockton, a blue collar port city that struggles even in good times.Perched on the edge of central California’s delta, about an hour s…

Schools struggle to recover amid years of cuts

The financial crisis hitting many of the nation’s public schools is taking a heavy toll in cities such as Stockton, a blue-collar port city that struggles even in good times. (2 days ago)

Schools struggling to recover amid years of cuts

STOCKTON — The financial crisis hitting many of the nation’s public schools is taking a heavy toll in cities such as Stockton, a blue-collar port city that struggles even in good times. (16 hours ago)

Consumers Increase Credit-card Debt

U.S. consumers’ credit-card debt rose in March for the second time since the financial crisis flared, giving a sign of hope that consumer spending could boost an economic recovery that has lost some steam. (7 hours ago)

Scenes From the Madoff Masquerade

Bernard L. Madoff remained calm and seemingly in control as the financial crisis closed in around him, a new book says. (15 hours ago)