Latest News in Credit History and Jobs – May 15, 2009

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When are the jobs coming back? – Asbury Park Press

15 May 2009 at 10:31am
History tells us it could be months, maybe years. Consider the most recent recessions. The downturn of 2000-2001 is well known for its jobless recovery, meaning essentially that companies were able to improve performance without adding to their …

Hacker claims to have access to Steve Jobs’ Amazon account – Ars Technica

14 May 2009 at 2:29pm
A hacker going by the tag of orin0co has contacted at least one member of the Mac press claiming that he has compromised the Amazon.com account of Apple CEO Steve Jobs. Leander Kahney of Cult of Mac has included his correspondence with the individual …

Advanta shows spreading U.S. credit woes: James Saft – Guardian Unlimited

14 May 2009 at 12:05pm
LONDON, May 14 (Reuters) – The decision of the 11th biggest U.S. credit card issuer Advanta to pull all of its credit lines from one million customers bodes poorly both for the economy and the banks. You can’t really blame Adventa, which specialises …

Top 10 science stories of 2008 — #7: equal opportunity genetics – San Franci…

15 May 2009 at 5:41pm
Credit: Michigan Technology and Research Institue. In celebration of the approaching New Year, I present a list of the top ten science stories of 2008. Taken from the vast expanse of all fields of science, they may not be everyone’s top ten, but they …

Banks Brace for Credit Card Write-Offs – CNBC

11 May 2009 at 1:13pm
It used to be easy to guess how many Americans would have problems paying their credit card bills. Banks just looked at unemployment: Fewer jobs meant more trouble ahead. The unemployment rate has long mirrored banks? loss rates on card balances …

More great jobs at – Worcester Telegram & Gazette

14 May 2009 at 7:26am
Associated General Contractors of Massachusetts says that has been the case since the banking crisis devastated the credit and stock markets last fall, and it may remain that way into 2011. The current financial downturn has affected building …

Lining Up the Loan Angels – Newsweek

15 May 2009 at 3:10pm
Fighting poverty has along and divisive history, but nothing’s shaken up the pundits, wonks and windbags like microfinance. The United Nations declared 2005 the year of microcredit?small loans for the penniless?and last year’s Nobel Peace Prize …

China pledges more help for exporters – Chattanooga Times Free Press

15 May 2009 at 8:54pm
SHANGHAI ? China is urging its banks to be careful about how they dole out a flood of credit, while promising new help for exporters and other companies hamstrung by the economic slowdown. In a notice posted on its Web site, the central bank …

Three Republicans vie for two seats in primary race – Norristown Times Herald

15 May 2009 at 9:58pm
LIMERICK ? Come Tuesday, experience vs. inexperience could be the deciding factor for GOP voters who must select two of three Republican candidates running for six-year terms on the Limerick Township Board of Supervisors. Thomas Neafcy and …

Honoring one of Salem’s toughest jobs – Oregonian

14 May 2009 at 9:06am
Fans of Oregon political history will want to gather in the state House chambers this morning to watch 10 former speakers be honored by the body. Having watched several of the 10 in action myself, I can tell you it’s not an easy job. You’re trying to …

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May 15 2009 10:44 pm | Credit Card Debt News

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