New credit bill will be painful fix for economy

Freedom New Mexico Banks are quietly changing credit card terms because of a law approved by Congress, ostensibly to prevent credit card abuses. Its effect, however, will be to restrict credit further and prompt banks to switch fixed-interest accounts to variable rates that can be increased even more quickly. The nobly named Credit Card Accountability, […]

Financial tools key to success

By Sandra Taylor-Sawyer: Guest columnist Managing a business’ finances can be a huge undertaking. It can be a daunting task to connect how an increase in advertisement will impact sales, and most importantly, how the increase will affect the balance sheet. There are financial tools available to help decide how to raise wages or change […]

Variable pricing option earns criticism

By Tom Philpott: Military Update Despite congressional criticism, and charges by military associations of benefit tampering, the Department of Defense has hired consultants to do a quick study on use of “variable pricing” in base grocery stores. By law, commissary items are sold at cost plus a 5 percent surcharge, which is used to renovate […]