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Is the Economy Turning a Corner?
By James Gelfer on April 9, 2010 | No Comments
The fear of seeing someone double-dip in your homemade guacamole pales in comparison to the unbridled terror that the term double-dip evokes when referring to the economy. For the last year and a half, it seems like every time the economy appears to make some headway, there is a rash of detrimental ... -
Fed Maintains Status Quo, Keeps Key Rate at Record Lo...
By James Gelfer on December 16, 2009 | No Comments
Earlier today Ben Bernanke, the Chairman of the Federal Reserve, announced that the Fed would be leaving the nation’s key interest rate at its current “exceptionally low” level. Since December of last year, the rate has been set at 0 to .25-percent in an effort to spur lending throughout the c... -
Credit Card Companies Hike Rates to Beat CARD Act
By James Gelfer on December 4, 2009 | No Comments
This month I opened my bank statement to find that my bank, Bank of America, had included a little note that outlined one of their new policies. It informed me that they would no longer be charging unlimited overdraft fees and would set a limit of four $35 charges per day. While this may seem like a...





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