U.S. July consumer credit rises by $5.5 billion
WASHINGTON (MarketWatch) -- Consumer credit grew at a 2.8% annual rate in July, slowing markedly from the fast clip of a month before, the Federal Reserve said Friday.
Source: www.marketwatch.com
Panel urges attention to instability of black middle class
WASHINGTON Representative Artur Davis says higher borrowing rates and a shortage of assets to be passed from previous generations are continuing to create instability in the black middle class.
Source: www.wtvm.com
Wells Fargo dedicates new Nampa branch to Hispanics
Michelle Plaschka, branch manager at a new Wells Fargo Home Mortgage office in Nampa that caters to Spanish-speaking consumers, says some clients choose her office because they prefer to do business in their first language.
Source: www.idahostatesman.com
Cambridge software firm faces class-action suit
THE REGION Aspen Technology Inc. is facing a class action lawsuit alleging the Cambridge software firm manipulated stock-option dates and falsified financial statements for 2002 through 2005 and the first three quarters of 2006. Roy Jacobs & Associates filed the suit on behalf of investors who bought Aspen stock from Feb. 6 through Sept. 6. On Wednesday, Aspen said a ...
Source: www.boston.com
