Americans Add $5.3 Billion In February Debt
The Fed reports February consumer debt rose at an annual 10.3 percent, with installment debt up by 5.3 billion after prior gains. Auto sales, tax cuts, and credit conditions drive spending, while mortgage rates edge higher and overall debt reaches 619.2 billion.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Sandra Shaber
Wasington-based Futures Group
Shaber
Federal Home Loan Mortgage Corp
Repayment of debts less difficult
New York AP reports Americans borrow more while monthly repayments have not grown harder. Reasons include extended loan maturities especially auto loans, lower than late 1970s rates, and growth in home equity lines. Fed data show debt payments tracking income and most debt easing by 1986.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Business schools critiqued by Porter and McKibbin
Two professors review 60 campuses and 10 000 surveys to find business graduates excel at numbers but lag in leadership and people skills. They urge diversification and a reconsideration of curriculum, suggesting a possible split of 25 percent business in undergrad, with broader liberal arts balance.
MENTIONED IN THIS ARTICLE
David Stockman
Ronald Reagan
Lyman Porter
University of California At Irvine
Mr. Porter
Porter
Lawrence McKibbin
University of Oklahoma
American Assembly of Collegiate Schools of Business
Porter-McKibbin
Square One
Fitting EbillPromotional Notice Offers Treasury Bills Advice
Small investors review their portfolios as stable Treasury bills regain appeal. The guidance highlights Series EE bonds, tax advantages, and government backing. A promotional note urges scheduling a tax-friendly financial counseling session with a Jefferson Pilot representative at 198 Thomas Johnson Drive Suite S-1.
MENTIONED IN THIS ARTICLE
EBILL
Will Street
Treasury
United States
Horace Greely
Jefferson Pilot Insurance/Financial services
Thomas Johnson Drive
S-1
Hammond Pool and Patio Opens Expanded Frederickton Store
Frederick residents get a larger Hammond Pool and Patio as the new owners expand inventory and space at Amber Meadows Business Park. The Hammonds, longtime area pool pros since 1982, plan a grand opening on April 16 with prizes including chlorine, a 600 plus dollar five piece patio set, and a free bag with purchases over ten dollars. Open hours run 10 to 8 weekdays, 10 to 4 Saturday, with May Sundays added. Contact 662-9562 or 831-4080.
MENTIONED IN THIS ARTICLE
Sive Woolden Patio
Hammonds
Hammond Pool and Patio
Amber Meadows
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Ed Waters Jr
Marvin Lohr
Cristian Bramatl
Emilio Bramatl
A&s
Mount Pleasant
East Patrick Street
Italy
Africa
Vermont
Tennessee
Mary Gardner
Brunswick
Frederick County National Bank
Jerry
Corey
Bradd
Ann Creamer Hammond
Matthews Pool
Frederick
Hammond
Matthews Pool Construction
Columbia First
Columbia First Federal Savings & Loan Association
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Hagerstown
West Washington Street
Virginia Avenue
Potomac Avenue