‘Business’ Archives
Credit Repair For The Credit Card Challenged
With the economy in the cellar, credit counseling has become a big business. Consumer credit counseling services are popping up everywhere. Telemarketers inundate likely prospects with calls promising fast credit repair. As with other types of services there are reputable credit repair companies and those who charge high up-front fees to [...]
Peter Diamond Wins Nobel Prize For Economics
Peter Diamond, of the Massachusetts Institute of Technology, was one of three economists to win the 2010 Nobel economics prize Monday for developing a theory that helps explain why many people can remain unemployed despite a large number of job vacancies. He shared the prize with Dale Mortensen of Northwestern University and Christopher Pissarides [...]
Bank Of Japan Makes Proactive Economic Moves
Bank of Japan is trying some creative tactics to stem a flagging economy after more traditional methods produced only sluggish results. Japan's central bank announced Tuesday, a move to lower its key interest rate to between 0% and 0.1%. It previously stood at 0.1%. The bank also said it would purchase about $60 billion of government bonds and [...]
