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Credit Card Companies Raising Rates on Consumers
Credit-card companies continue to raise customer interest rates and fees despite a record-low target rate from the Federal Reserve and billions of dollars in bailout money that has been pumped in to the financial companies. Though the Federal Reserve in December slashed its target rate to a ...
The Projected Impacts of a National Renewable Portfolio Standard
sciencedirect.com — A review of analyses by the Union of Concerned Scientists and the U.S. Department of Energy's Energy... Information Administration using the same model, but with different assumptions, reveals a common conclusion that a national renewable portfolio ... (more) The Projected Impacts of a National Renewable Portfolio ...
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Taking It Both Ways
Balloon Juice — ... of a failing company: In its most daring bid yet to stabilize Citigroup, one of the nation’s largest and most troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company. After two multibillion-dollar lifelines failed to shore up Citigroup, the government will increase its stake in the company to 36 percent from 8 percent. Meanwhile, this: Credit-card companies continue to raise customer interest rates and ...

The New Credit Card Hustle
The Latest on Air America — ... an increase from 13% to 25%, a Chase card customer received notice her interest rate would increase from 4.24% APR to 9.24% and a Capital One cardholder with a current interest rate of 5.37% has been told her rate will increase to 13.9% on purchases and 24.9% on cash advances. The "opt out" portion of the notice makes for an even more stressful decision. In some cases, the cardholder will have to pay off the balance of the credit card within the 30 days and then close the account. Since credit card companies are targeting customers with already low interest rates, more ...

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FT.com / Companies / Banks - Citi raises card rates on millions
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