Posts Tagged ‘Credit’

Barnes & Noble reports breach of U.S. customer credit card data

(Reuters) – U.S. retail firm Barnes & Noble said customers who have shopped as recently as last month at any of its 63 stores in the country may have their credit card information stolen, and has informed federal law enforcement authorities about the breach. The company said in a statement it has disconnected all PIN [...]

Credit availability a top housing concern: Fed’s Duke

NEW YORK (Reuters) – The lack of credit available to home buyers is among the biggest concerns in the still troubled U.S. housing market, a top Federal Reserve official said on Friday. Fed Governor Elizabeth Duke highlighted credit availability, as well as the lack of a national appraisal database on housing, as concerns the U.S. [...]

Romney once again claims credit for saving auto industry, says Obama did ‘exactly as I proposed’

There he goes again: Earlier today on Fox, Mitt Romney claimed that when President Obama saved the auto industry, he was merely following Romney’s advice even though he strongly disagreed with Obama’s plan at the time. Nonetheless, now he says everything went “exactly as I proposed.” Tweet This Post

Credit Suisse denies Swiss help Germans dodge tax pact

ZURICH (Reuters) – The head of Credit Suisse denied on Monday that Swiss banks have been undermining a tax pact with Germany by helping wealthy clients move funds to rival financial centers such as Singapore to avoid becoming subject to taxes. German media have accused Swiss banks of telling German clients to shift money to [...]

Ryan health tax credit idea fills in blank for Romney

WASHINGTON (Reuters) – Mitt Romney wants to change the U.S. tax code's treatment of healthcare costs, but his vice presidential pick is one step ahead: Paul Ryan has proposed a plan to scrap a generations-old tax break enjoyed by millions of Americans. While much attention has been focused on Ryan's proposals for changing the Medicare [...]

White House hopeful on renewal of wind tax credit

WASHINGTON (Reuters) – The White House is hopeful Congress will renew a $ 12 billion tax credit for wind power production, a senior Obama administration official said, as a government report warned that thousands of U.S. jobs would be lost if the incentive runs out. “You can expect to see this will be a top [...]