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Credit market recovery slips on carmaker fears (AP via Yahoo! News)
Investors flooded into government debt again on Thursday, sending Treasury yields to multiyear lows as ongoing worries about an auto industry collapse impede the credit markets' attempts at a recovery.
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Credit Swaps Rise to Record as Markets Return to `Crisis Mode' (Bloomberg)
Nov. 20 (Bloomberg) -- The cost of protecting corporate bonds from default surged to records around the world as U.S. lawmakers delayed a plan to help rescue automakers and as a sell- off in commercial real estate debt roiled credit markets.
us.rd.yahoo.com
Credit Swaps Rise to Record as Markets Return to `Crisis Mode' (Bloomberg)
Nov. 20 (Bloomberg) -- The cost of protecting corporate bonds from default surged to records around the world as U.S. lawmakers delayed a plan to help rescue U.S. automakers and as a sell-off in commercial real estate debt roiled credit markets.
us.rd.yahoo.com
New Zealand Debit, Credit Card Spending Rose 0.5% in October (Bloomberg)
Nov. 21 (Bloomberg) -- New Zealand consumer spending on debit, credit and store cards rose in October after income tax cuts and falling credit costs buoyed purchases of clothing and consumer goods.
us.rd.yahoo.com
Wal-Mart Offers $12.5M Line of Credit for King Memorial (Washington Post)
Wal-Mart's charitable arm announced a $12.5 million letter of credit Thursday for the planned Martin Luther King Jr. Memorial on the National Mall to help start construction, though a disagreement over how to secure the site may delay the project until sometime next year.
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Experts: Cybercrime as Destructive as Credit Crisis (PC Magazine via Yahoo! News)
Cybercrime is likely to wreak as much havoc as the credit crisis in the coming years if international regulation is not improved, some of the world's top crime experts said on Wednesday.
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Measure of credit market woes hits another record (Market Watch)
SAN FRANCISCO (MarketWatch) - A closely-watched measure of credit market woes hit another record Thursday on concern about how harsh a recession is going to be and worries about Citigroup Inc.
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Planned Okla. tax credit for geothermal heat pumps (AP via Yahoo! Finance)
Oklahomans who buy geothermal heat pumps for their homes or businesses would receive a 5 percent state tax credit under a proposal unveiled Thursday by state House Speaker Chris Benge.
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New York State Shelves Plan to Regulate Credit Swaps (Update2) (Bloomberg)
Nov. 20 (Bloomberg) -- New York State Insurance Superintendent Eric Dinallo shelved plans to regulate some credit-default swaps because of progress by federal regulators on broader oversight of the market.
us.rd.yahoo.com
Credit Card Users Keep Getting Squeezed, Rates and Fees Rising (US News & World Report)
Credit card issuers are taking a number of responses that will make life more difficult for small-business owners who rely on credit card debt.
us.rd.yahoo.com
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