Bomb note found on plane forces emergency landing

An American Airlines flight out of Florida made an emergency landing Thursday night after a written bomb threat was found in a bathroom, officials said. Scam artists are calling veterans and posing as VA workers who need credit card information to update prescription information, as part of a scheme that fraudsters have recycled over the years.

Share

Is Your Credit Too Good?

If you pay your credit-card bills in full each month, you probably didn’t take much notice when President Barack Obama signed legislation in late May aimed at keeping banks from doing such things as hiking interest rates with little or no notice and engaging in other consumer-unfriendly practices. But don’t assume that just because you rarely carry a balance, you are immune from poor treatment at the hands of credit-card issuers.

Share

The Outlook For Stocks Is Decidedly…Mixed

‘Mixed’ is a word that pops up often in financial research reports these days. The measures that give us hints about which way the economy and markets are headed‹everything from the number of people out of work to how difficult it is for companies to fund themselves are pointing in every which direction. As a new Bank of America-Merrill Lynch report puts it: ‘The [stock market] indicators are fairly evenly divided between positive and negative readings.’ That’s not too helpful.

Share

Will Chinese consumers rescue world economy?

When CEOs and professional investors in developed economies go to bed these days, some may pray for protection from markets in turmoil, share prices in the cellar and angry financial gods bringing fire and brimstone with every check of their Bloomberg terminal or the front pages of The Wall Street Journal. “Spend, China,” they whisper.

Share

How the Banks Plan to Limit Credit Card Protections

A popular president taking on a reviled industry should get what he wants, in principle, especially when he’s working with a sympathetic Congress. But it’s not so clear Barack Obama will be able to deliver on his promises of clamping down on credit card abuses, thanks to the banking industry’s experienced Washington lobbyists and their plans to limit proposed restrictions on their business.

Share