Last week was a bit of an all-you-can-eat buffet of economic news. This week, no more buffet line. We go on a data diet.
On Friday, good news came in the form of the nonfarm payrolls report, which showed a growth in private jobs of 243,000 and a decrease in the unemployment rate to 8.3 percent. Investors rejoiced, and the Standard & Poor’s 500 index finished Friday up 1.46 percent from the previous day’s close. Last week’s release from
A petition drive is under way in Missouri to qualify a ballot initiative that would cap the interest rate on payday, car title, installment and consumer credit loans in the state. If successful, the effort would place the following question before Missouri voters on the November 2012 state ballot: “Shall Missouri law be amended to
While federal lawmakers have been bickering over plans to raise the U.S. debt ceiling, consumers have been increasing their own borrowing capacity in the form of auto loans, credit cards, student loans and home equity lines of credit. That’s according to a recent national report about credit trends from Equifax, a global credit information service