Low-cost car lease offers tempt buyers

Manufacturers trying to lure customers to buy new cars in an uncertain economy increasingly are turning to a tried-and-true marketing effort — low-cost leases.
 
With the average new car payment right around $500 a month, manufacturers are heavily advertising lease deals that run from about $175 to $250 a month on a wide range of vehicles.
In [...]

What type of rewards card is best?

Only responsible credit card users should mess with rewards credit cards. These cards typically have higher interest rates than nonrewards cards, so they make sense only if you can pay your balances off each month. Otherwise, those interest payments will negate the rewards. Defaulting will also zap your earnings, so you have to keep your [...]

It’s time for a credit card revolution

After paying at least $600 million a year in excessive card fees, consumers in the U.K. are getting money back. We Americans should demand the same.

A couple of years ago, consumers in the United Kingdom got a break when the country’s Office of Fair Trading told credit card issuers that their late and over-limit fees [...]

Treasuries Rise; Sale of Bear Stearns Spurs Demand

Treasuries rose, driving yields on two-year notes down to 1.30 percent, as investors sought the relative safety of government debt after JPMorgan Chase & Co. agreed to bail out Bear Stearns Cos.
Traders began betting the Federal Reserve will cut its target for overnight loans by 1 percentage point tomorrow to keep losses [...]

Bernanke Pledges Fed Will Act in a `Timely Manner’

Federal Reserve Chairman Ben S. Bernanke signaled the U.S. central bank is prepared to lower interest rates again even amid signs of accelerating inflation.
The Fed “will be carefully evaluating incoming information bearing on the economic outlook and will act in a timely manner as needed to support growth and to provide adequate insurance against downside [...]

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