Today in the press

The Government is to change the law to regulate debt management companies.

Play your cards right to minimise interest

AFTER all those Christmas presents and then some retail therapy at the January sales, your credit card may have received a bit of a hammering over the past couple of months.

Deutsche Post sees little Europe growth

(Reuters) - Deutsche Post DHL affirmed its recently raised 2011 outlook after a robust Christmas shipping season, though low growth or recession could hurt 2012 revenues in Europe, Chief Financial Officer Larry Rosen said in a Tuesday interview in New York. Europe's biggest mail and express delivery company forecasts little to no European economic growth this year, but no recession. ...

The trapped and the priced-out

NO OTHER generation grew up with such high hopes. Not alone were things going to get better, but the received wisdom was it was likely to go on forever. For the most part, the negative equity generation weren’t property speculators or wealthy landowners. They did what others did before them: they trusted the authorities.

Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper

David Stockman wrote this comment to the article by Bruce Krasting,  "Larry Summers on the Labor Force Participation Rate" . (See the  summary video here. ) Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper Courtesy of  Wall Street Examiner By David Stockman Bruce – Great job on the Summers catch , but I’m wondering if this goes much deeper. I ...