Wait a second, is this a recovery or isn’t it?

This morning the Conference Board became the latest economy-watching group to call an end to recession. As you can see in the graph above, its index of leading economic indicators—which includes things like stocks prices, building permits and manufacturers’ orders—increased for the fourth month in a row. Its index of coincident …

Credit Card Reform: While One Hand Gives, the Other Adds Fees

Significant parts of the new credit card law go into effect today that in theory will make it easier for cardholders to pay their bills without incurring fees, and to avoid digging themselves further into debt. Balancing out this good news is an onslaught of new fees and higher rates that nearly all cardholders can expect coming down the pike.

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