The fear of feeble oil demand due to concerns over Europe’s growing debt woes and disputes on how to address the problem elevated borrowing costs. This weakened Brent crude on Friday as well as U.S. crude, both on their 2nd week of losses. Now on its 7th week of losses, euro against the dollar was [...]
Europe’s Debt Crisis Causes Brent Oil Dip to Zero
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December 1, 2011 By Leave a Comment
Higher October Existing Home Sales, Pricing Recovery Still Away
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November 22, 2011 By Leave a Comment
Low mortgage interest rates and rent increases encouraged home buyers to cause an unexpected home sales rise of 1.4% in October, said the National Association of Realtors on Monday. September’s revised rate of 4.90 million went up to an annual rate of 4.97 million units against poll’s expectation of rate to fall to 4.8 million. [...]
Poor Rate Actually Higher at 49 Million Said Latest Census
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November 8, 2011 By Leave a Comment
The Census Bureau reported a higher number of poverty rates for the elderly, Asians and Hispanics. It has hit a record 49 million in 2010, higher by 16%. This contradicts the September official data that said the number of poor Americans was at 46.2 million. People aged 65 and up contributed the highest percentage at [...]
Small Buys to Get Maximum Fees from Visa, MasterCard
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September 30, 2011 By Leave a Comment
Effective October 1st, Visa Inc and MasterCard Inc will impose maximum fees even on the smallest debit-card purchases. The fees will be passed to the biggest lenders like JPMorgan Chase & Co. and Citigroup Inc. Retailers are now charged 1.55% of purchase amount in addition to 4 cents for small ticket transactions below $15 or [...]
Small Buys to Get Maximum Fees from Visa, MasterCard
Read the original article at Financial Feed
September 30, 2011 By Leave a Comment
Effective October 1st, Visa Inc and MasterCard Inc will impose maximum fees even on the smallest debit-card purchases. The fees will be passed to the biggest lenders like JPMorgan Chase & Co. and Citigroup Inc. Retailers are now charged 1.55% of purchase amount in addition to 4 cents for small ticket transactions below $15 or [...]
