Tweet LOS ANGELES (AP) — U.S. credit card users are getting better about making their payments on time, even as banks are increasingly issuing cards to borrowers with less-than-stellar credit…. Originally posted here: Pace of new credit card accounts picked up in 1Q  Read More →

Tweet NEW YORK (Reuters) – When Jennifer Anderson’s family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. Read more: Foreclosed Americans find way back to homeownership  Read More →

Tweet OMAHA, Neb. (AP) — Warren Buffett’s company is apparently bullish on the U.S See original here: Buffett’s firm buys 10M share stake in GM  Read More →

Tweet WASHINGTON (AP) — The government’s vehicle for promoting U.S. export sales survived a challenge from conservatives Tuesday with a Senate vote to renew the charter of the Export-Import Bank for three years. The vote, coming after the Senate rejected amendments to weaken or kill the bank, sends the measure to President Barack Obama... 

Tweet NEW YORK (AP) — Turns out, J.C. See more here: Penney has 1Q loss as new pricing repels shoppers  Read More →

Tweet TAMPA, Fla. (AP) — The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that “should never have happened” and survived a push to strip him of the title of chairman of the board…. Originally posted here: Subdued Dimon is confronted over $2B trading loss  Read More →

Tweet NEW YORK (Reuters) – T-Mobile USA, the fourth largest U.S. mobile provider, said it is cutting another 900 jobs. Read the rest here: T-Mobile USA to cut another 900 jobs  Read More →

Tweet (Reuters) – Chesapeake Energy Corp increased a planned loan even as its credit rating deteriorated on Tuesday, adding pressure on the natural gas producer to deliver crucial asset sales. Continued here: Chesapeake hikes loan as credit rating fades  Read More →

Tweet NEW YORK (Reuters) – TCW, a Los Angeles-based asset management firm, is looking to raise up to $250 million from investors for a fund that seeks to capitalize on the red-hot U.S. rental market for single-family homes. Here is the original post: Exclusive: Asset manager TCW looks to cash in on foreclosed homes  Read More →

Tweet WASHINGTON (AP) — House Speaker John Boehner said Tuesday that when Congress raises the nation’s borrowing cap he will again insist on spending cuts and budget reforms to offset the increase…. Follow this link: Boehner: Spending cuts must offset debt limit hike  Read More →