Bernanke’s Testimony, in Tweets

Wednesday, February 29th, 2012

Federal Reserve Chairman Ben S. Bernanke on Wednesday.Ben S. Bernanke, the chairman of the Federal Reserve, testified before the House Financial Services Committee on Wednesday in Washington. The Timess Binyamin Appelbaum covered the hearing on his Twitter feed, . His tweets follow.

Antitrust Litigation May Result in Lower Credit Card Transaction Fees

Wednesday, February 22nd, 2012

The large antitrust litigation being brought against Visa, MasterCard and a slew of large banks on the behalf of millions of merchants may end in a settlement that one analyst is projecting could also cause a reduction in credit card processing fees by as much as 33 percent for up ...

What’s the Lowest Credit Score I Can Have and Still Get a Loan?

Friday, February 10th, 2012

One of the biggest hurdles in getting a loan approval is your credit score. Often the lender pulling (i.e. requesting and reviewing) your credit score from a major credit bureau is the first step in any lending process. Naturally, this leads to the question… “Is my credit score good ...

Ask Creditnet: Will Employers Pull My Credit Scores?

Sunday, February 5th, 2012

Dear Creditnet: I lost my job a year ago and have been unable to find full-time work ever since. Ive also fallen behind on my bills during the past 6 months, which has really trashed my credit scores. I think my FICO scores are now below 600. Ive heard ...

Traffic Jam Economics

Thursday, January 26th, 2012

Allowing more taxis in New York City will add to the already infamous congestion in Manhattan, seen here on Ninth Avenue in Midtown.Sometimes, trying to get someplace faster, we end up slowing one another down. Traffic jams try our patience, waste our time and worsen the quality of our air.Urban ...