Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Consumers decreased their credit card debt by 11 percent last year, with the average debt load declining in every state. That information came from a report released Tuesday by credit tracking and financial education website CreditKarma.com. It analyzed data from more than 300,000 [...]
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Consumer credit card debt down
January 18th, 2012 
davidguide 
Posted in Borrowers 
Tags: AHN, average credit scores, com, consumer confidence, credit card balance, credit card debt, CreditKarma, Debt, ken lin, linda young, percent, writer washington 
Comments OffNATO chief, McCain welcome Obama’s outline of ‘leaner’ military
January 6th, 2012 davidguide Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – Both the NATO chief and a former United States presidential candidate on Thursday welcomed plans announced by the U.S. leadership to make its military “leaner” but keep it “agile, flexible, and ready for the full range of contingencies and threats.” Flanked by Defense [...]
Posted in Borrowers Tags: AHN, anders fogh rasmussen, announcement, barack obama, budget, chairman of the joint chiefs, joint chiefs of staff, military superiority, nato chief, nato secretary general, President, Secretary Comments OffU.S. stocks little changed early after durable goods report
December 25th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]
Posted in Borrowers Tags: dow jones industrial, dow jones industrial average, durable goods orders, durable goods report, political gridlock, tokyo exchange, troy ounce Comments OffTwo major publishers announce bad news for newspaper industry
December 13th, 2011 davidguide Matthew Borghese – AHN News Contributor Tampa, FL, United States (AHN) – It’s beginning to be a tough week for newspapers, with one major publication announcing a round of lay-offs, while another publisher announces bankruptcy. Media General announced Monday that it will let go 165 staffers from the Tampa (FL)Tribune newspaper, TBO.com, and other community [...]
Posted in Borrowers Tags: AHN, bankruptcy petition, columbus telegram, Debt, major publishers, Matthew, Media, News, rapid city journal, sioux city journal, st louis post dispatch, st petersburg times Comments OffObama sends Europeans back home with empty promises
December 1st, 2011 davidguide Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The United States-European Union summit here ended without any fiscal help emerging from the U.S. as ambassadors from both sides provided a read-out of the meeting while the host president brushed aside chances of any news-making headlines emerging. President Barack Obama, along with [...]
Posted in Borrowers Tags: AHN, american reluctance, Debt, economy, european commission president, european union summit, free market economies, Home, international monetary fund, international monetary fund imf, Press, william kennard Comments OffStocks up Friday, focus still on Europe
November 19th, 2011 davidguide Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. stocks rose Friday morning following two days of steep losses. Just after 9:30 a.m., the Dow Jones Industrial Average was up 30 points, the Standard & Poor’s 500 Index rose 2 points and the NASDAQ was flat. Giving stocks a slight boost [...]
Posted in Borrowers Tags: AHN, Angela Merkel, Bank, central bank chief, Chancellor Angela Merkel, dow jones industrial, dow jones industrial average, german chancellor angela merkel, Industrial, Jones, lender of last resort, Standard Comments OffGreece to form new government
November 7th, 2011 davidguide Diane Alter – AHN News Reporter Athens, Greece (AHN) – Greek Prime Minister George Papandreou said Saturday that he will do what ever it takes to form a coalition government and move through a controversial international bailout package. Papandreou met with the country’s president Saturday seeking permission to form a coalition, just hours after narrowly [...]
Posted in Borrowers Tags: AHN, bailout package, Confidence, confidence vote, Euro, george papandreou, greek citizens, greek prime minister, package, product ranks, ripple effect, Vote Comments OffObama respite for Americans burdened with student loan payments
October 26th, 2011 davidguide Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The White House on Tuesday announced a series of measures including plans to help ease the loan payment burden of college students defining its efforts, “to make college more affordable and to make it even easier for students to repay their federal student [...]
Posted in Borrowers Tags: AHN, arne duncan, college graduates, council director, Debt, discretionary income, federal student loans, percent, respite, secretary of education, Singh, student loan payments Comments OffJP Morgan Chase investment banking profits down slightly to $4.3 billion
October 14th, 2011 davidguide Linda Young – AHN News Writer New York, NY, United States (AHN) – JP Morgan Chase saw profits for its investment banking arm fall by 4 percent in the three months ending in September, but that was better than expected and still left the bank with a profit of $4.3 billion. However, that amount was [...]
Posted in Borrowers Tags: AHN, bank executives, cautious manner, investment arm, jamie dimon, jp morgan, jp morgan chase, linda young, Morgan, percent, profit, Young Comments OffFriendly’s restaurants prepping for bankruptcy
October 2nd, 2011 davidguide Diane Alter – AHN News Reporter Wilbraham, MA, United States (AHN) – The Friendly’s restaurant chain is preparing for a possible bankruptcy filing as early as next week, the Wall Street Journal reported Friday. The Wilbraham, MA, company best known for its hamburgers and sundaes employs roughly 10,000 people and operates more than 500 restaurants. [...]
Posted in Borrowers Tags: AHN, bankruptcy proceedings, commodities prices, debtor in possession, debtor in possession financing, dine, Filing, News, restaurant, restaurant chains, sun capital partners, sun capital partners inc Comments Off