U.S. consumers turn to credit for basic necessities
Fri, 07/22/2011 - 18:12 by Jamie Anderson
![]() Anybody with a little knowledge of how credit works would advise you to refrain from making day-to- day purchases from credit. The old wise men would suggest that one should take loans only if the amount is to be used for a capital asset or an asset whose value appreciates over time. |
Consumer spending drops as gas prices rise
Tue, 06/28/2011 - 16:46 by Anter Prakash Singh
![]() The Commerce Department reported Monday that consumer spending dropped 0.1 percent as the gas prices continue to soar. Rising gas prices coupled with increasing unemployment is putting pressure on the budget of the consumers forcing them to cut optional purchases. |
Whirlpool Q1 earnings, sales rise
Wed, 04/27/2011 - 17:34 by Jaspreet Virk
![]() Whirlpool, world's leading manufacturer and marketer of major home appliances, announced first-quarter net earnings of $169 million, or $2.17 per diluted share, Wednesday. |
The Only Way to Beat Inflation
Tue, 11/02/2010 - 23:35 by Dan Caplinger
Investors have always looked to protect themselves from the impact of higher prices. When inflation-indexed bonds first came out more than 10 years ago, they filled a huge void for those investors. Yet although their returns are still based on price changes, these investments haven't fulfilled their promise of being a viable way for long-term investors to preserve and build their wealth. |
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DOT proposes additional consumer protection rules for air travelers
Thu, 06/03/2010 - 12:57 by Anupreet Kaur
![]() Additional consumer protection rules were proposed by the U.S. Department of Transportation (DOT) in order to avoid tarmac delay and other inconveniences to the airline travelers. |
Inflation Coming? Better Get Insured (Fool TV)
Wed, 05/26/2010 - 14:06 by Buck Hartzell
Most economists agree that the United States is girding for a bout with inflation. And the prevailing wisdom is that when greenbacks are cheap, investors should look to hard assets such as oil and gold, or consumer-goods brands, which continue to command premium prices in good times and bad. |
Eurozone inflation rises to 1.5%; jobless rate remains 10%
Fri, 04/30/2010 - 17:29 by Jaspreet Virk
As anticipated by analysts, inflation in the 16-nation euro region increased in April, according to the figures released by Eurostat, the statistical office of the European Union. |
Interest rates to rise in US
Sun, 04/11/2010 - 14:40 by Jaspreet Virk
![]() Americans have for long enjoyed the low interest rates. Now with the nation’s economy back on the road to recovery, consumers will be facing a financial burden of rising interest rates. |
Eurozone's inflation rises to 1.5% in March
Wed, 03/31/2010 - 17:44 by Jaspreet Virk
![]() Beating analysts’ expectations, inflation accelerated in 16 countries that use euro, according to an official report released Wednesday. |
UK inflation drops to 3% in February
Tue, 03/23/2010 - 17:40 by Jaspreet Virk
![]() The UK economy witnessed a fall in inflation in February compared to previous month, according to a report released by the Office for National Statistics Tuesday. |