Wednesday, May 6, 2009

National News | Aiken Standard | Aiken, SC


Bernanke took some heat for the Fed's decision not to hasten the implementation of new rules to protect Americans from abusive credit card practices, as some lawmakers had requested. The Fed's rules take effect in July 2010. ... Many economists expect the jobless rate will jump to 8.9 percent in April from a quarter-century high of 8.5 percent in March as employers slash hundreds of thousands more jobs. The government releases that report on Friday. ...

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