Barclays Debuts U.S. Online Savings Accounts
The British bank Barclays is venturing into the growing arena of online savings accounts for U.S. consumers.
Barclays’ U.S. credit card unit is taking deposits to facilitate cheaper funding for its roughly $12 ...
Apple iPad Share of Tablet Market Up to 68%: IDC
Worldwide computer tablet shipments for the first quarter 2012 hit 17.4 million units, about 1.2 million units below projections for the quarter, according to consumer technology consultant International Data Corporation ...
Consumer Reports: Some Share Too Much on Facebook
About 4.8 million people may have used Facebook to say where they planned to go on a certain day, a potential tip-off for burglars.
Close to that number “liked” a Facebook page about health conditions or treatments, ...
Target vs. Amazon: Stores to Drop All Kindle Devices
Target stores will no longer sell Amazon.com’s popular Kindle devices in a move that is apparently more about Amazon’s online dominance than about e-readers.
Target will halt sales of all Kindles, including ...
Debt Collection: ‘Nice People’ Strategy Yields More for Firm
One debt collection operation is boasting about a “revolutionary” approach to higher recoveries: just be nice to consumers.
In its first five months of implementation, Baltimore-based Access Receivables said ...
Chrysler U.S. Sales Surge 20% in April; Ford, GM Down
U.S. Sales of Chrysler vehicles jumped 20 percent in April, as the automaker continues a remarkable comeback and racks up its 25th straight month of year-over-year increases.
Ford and General Motors saw declines ...
FCC Adopts Rules to Fight Phone Bill ‘Cramming’ Fees
The Federal Communications Commission has adopted new rules to protect Americans from hard-to-detect fraudulent charges on their landline phone bills, a practice known as “cramming.”
The new rules combat the ...
U.S. Homeownership Falls to 65.4%, Lowest Since 1997
The U.S. homeownership rate fell to 65.4 percent in the first quarter of 2012 to the lowest level since 1997, as a weak economy and an accompanying foreclosure crisis has forced more Americans to shift into renting.
The ...
Consumers Earned More, Saved More in March
Household income for Americans increased $50.3 billion, or 0.4 percent, in March, the most since December, according to the Commerce Department.
Economists had expected a gain of 0.3 percent.
The quarter ended on ...
Bank of America: Working Affluent to Push Back Retirement
More than half of working affluent Americans surveyed expect to retire later than planned a year ago, according to the latest Merrill Edge Report from Bank of America.
Fifty-seven percent of the “mass affluent” ...
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