Fed minutes indicate economic risks

Jeremy Simon

The Federal Reserve today released the minutes from its most recent meeting on Jan. 29-30 (there is always a lag between the central bank’s monetary policy decisions and the release of the minutes that accompany those decisions). Those minutes suggested that the Fed continued to see risks to the economy, even after it trimmed interest rates to their lowest level since June 2005.
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Credit card mail declines, saves trees

Emily Crone

Credit card solicitations in the mail greatly declined in the last quarter of 2007. The mortgage crisis and faltering economy have caused creditors to become more selective in who they target for direct marketing, and have saved trees in the process.
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UK credit card issuers get tough

Jeremy Simon

British issuers Barclaycard and Egg have decided they would rather drop certain cardholders altogether than let them hang around and pose a repayment risk — even if the cardholders’ had nothing in their credit report to suggest they were a danger.
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Rabid rabbit-ear TV fans snap up discount cards

Daniel Ray

What’s hotter on the market than the “War kittens” credit card? One that will help fans of over-the-air TV keep using their rabbit ears a bit longer.
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ID theft again tops FTC fraud complaint list

Jeremy Simon

Earlier this week, the Federal Trade Commission unveiled its list of leading consumer fraud complaints for 2007. Topping the FTC’s complaint list for the seventh-straight year: identity theft.
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