While archeologists might someday value these relics, most credit cards -- which are typically made of polyvinyl chloride, or PVC -- outlive their use...
Ann Pettifor | Posted 03.23.2009 | Business
We must once again make money work for the people.
Frank A. Weil | Posted 03.21.2009 | Business
The answer begins by explaining that the word credit is derived from the ancient word "credere" meaning to believe, to trust.
Ann Pettifor | Posted 03.12.2009 | Business
High levels of debt and consumption were not the result of millions of individual decisions by consumers. They were the result of a deliberate economic 'regime change' in the 1970s.
Paul Abrams | Posted 03.05.2009 | Business
There are many good banks, most of them regional or local, that did not get snookered by the financial chicanery upon which the 'Goldilocks' economy was apparently based.
New York Times | ERIC DASH and VIKAS BAJAJ | Posted 01.31.2009 | Business
The financial crisis began in the credit markets, and eventually it will end there. But as the financial industry rounds out one of the most wrenching...
Hoyt Hilsman | Posted 12.12.2008 | Business
In light of all the six-step, eight-step and ten-step proposals floating around Washington, I thought I'd offer the following twelve-step program for recovery from the financial crisis.
Houston Chronicle | Posted 01.08.2009 | Business
Kurt Lieber feels as if he's had the TARP pulled out from under him. As the owner of Werther International, a Houston company that sells air compre...
Roseanne Colletti | Posted 01.04.2009 | Living
By all accounts, yes even from the pessimists, online shopping Thanksgiving weekend was a blockbuster, up 13% from last year. But let's take a little time out for safety, security, and common sense.
Alan Rosenblatt | Posted 12.17.2008 | Politics
I see a recurring theme that everyone is living beyond their means. People are over-extended on their credit cards and mortgages. The government runs ...
Jeff Faux | Posted 12.01.2008 | Business
The government's Fat Cats First program is going global: the Federal Reserve Board announced this week that it was providing Brazil, Korea and Mexico with a line of credit of $30 billion dollars each.
The Wall Street Journal | MIGUEL BUSTILLO | Posted 11.22.2008 | Style
Layaway, a payment practice that was made popular during the Great Depression but nearly became extinct due to the instant gratification of credit car...
New York Times | Brad Stone | Posted 11.22.2008 | Business
"It's like I've got some big tag: target this person so you can get them back into debt," said Ms. Jerez, of Jersey City, who still gets offers, even ...
Dr. R. Keith Sawyer | Posted 11.07.2008 | Business
"Commercial credit is the creation of modern times and belongs only to the most enlightened and best governed nations." I stumbled on this frieze after giving a talk at Harvard Business School.
The Los Angeles Times | Posted 11.03.2008 | Politics
California Gov. Arnold Schwarzenegger, alarmed by the ongoing national financial crisis, warned Treasury Secretary Henry M. Paulson on Thursday that t...
Ron Grande | Posted 10.31.2008 | Home
The House Republicans will be to blame for any calamities that may yet be in store for our economy. Their objection to the modified Paulson Plan was not ideological, it was political.
BusinessWeek | Ben Levisohn | Posted 10.31.2008 | Business
With the financial system bailout plan derailed by the House of Representatives on Sept. 29, the resulting plunge in equities made headlines around t...
Los Angeles Times | David Colker | Posted 10.17.2008 | Business
See Sally. See Sally run from the bank. Run Sally run. In the midst of one of the worst banking crises in decades, the U.S. Treasury Department today...
David Sirota | Posted 07.23.2008 | Politics
Republicans still want America to believe that the way to steady the economy is to follow Bush's efforts to slash taxes for millionaires.
Columbia Journalism Review | Dean Starkman | Posted 03.28.2008 | Media
One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscor...
New York Times | PETER S. GOODMAN | Posted 03.28.2008 | Politics
Credit flowing to American companies is drying up at a pace not seen in decades, threatening the creation of jobs and the expansion of businesses, whi...
Green Inc. | Laura Shin | Posted 03.26.2009 | Green