And, he advised, include savings on your “spending” list, and set aside some cash. That way, you’ll have some reserves when those holiday bills come due. Here are some questions and answers about managing holiday spending and debt: What’s happening with credit card interest rates? Keeping the lid on cardContinue Reading

Credit Suisse on Wednesday announced that CEO Thomas Gottstein would step down as the bank reported a massive second-quarter loss, as poor investment bank performance and mounting litigation provisions hammered earnings. The embattled Swiss bank posted a net loss of 1.593 billion Swiss francs ($1.66 billion), far below consensus expectationsContinue Reading