How can investors earn double-digit returns? According to bond guru Bill Gross, they probably can’t: “A future of low investment returns, and a heap of trouble for those expecting more, is what lies ahead,” Gross warns in his l…
According to a new report from UCLA, debt-slashing consumers and politically wary corporations will result in a slow recovery.
Continue reading U.S. Recovery Will Be Slower Than Previous Upturns
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Credit card use plunged for the sixth straight month in July, with total consumer debt falling by $3.6 billion, or 1.75%, the U.S. Federal Reserve announced Wednesday.
Continue reading U.S. Credit Card Use Fell…