Fierce competition for top-tier credit card customers appears to be
leading some banks to look in elsewhere for new business: borrowers with
spotty credit histories. Data shows that more new cards went to
consumers with less-than-stellar credit scores in the third quarter,
while fewer new cards went to those with the best scores.
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Nov 8 2011 - Investor worries over the European debt crisis helped drive
the average rate for a 30-year fixed home loan down to 4% this week,
according to Freddie Mac. The figure, down from 4.1% last week, was the
second lowest in the 40 years Freddie has been conducting a weekly
survey of the terms being offered by home lenders. The lowest average
rate recorded was 3.94% four weeks ago.
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The Tampa Bay Area Hispanic Market - The past decade has been one of tremendous growth for minorities in the Tampa Bay area, with Hispanics leading the way, recently released census estimates show.
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The Detroit Hispanic Market - The white population in metro Detroit's suburbs is declining while the African-American and Hispanic populations are quickly growing, according to the latest U.S. Census estimates released Thursday on counties nationwide.
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June 2010 - New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving. And productivity grew at a slower rate in the first quarter of this year than previously thought, suggesting that businesses are reaching the limits of their ability to boost output with fewer workers. That implies they will need to hire more employees. Other recent economic indicators also signal that employers are adding more jobs, though it may not be fast enough to reduce the unemployment rate.
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