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(AFX UK Focus) 2008-11-12 01:05 US card losses could hit new highs in 2009--Fitch (Interactive Investor)
NEW YORK, Nov 11 (Reuters) - U.S. credit card losses could set new highs in 2009, due to higher unemployment, volatile energy prices and fewer refinancing options, Fitch Ratings said in a report on Tuesday. Credit card losses have increased this year to around 5 percent to 7 percent of the loans portfolio as the economy deteriorated, but the worst is yet to come. With unemployment at its highest ...
- www.rnews.com
Magic Ball Raises Funds for MS (R News)
Do you believe in magic? The people fighting a debilitating disease in New York do. The National MS Society of Upstate New York hosted a magic ball Saturday night at the Riverside Convention Center.
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