Going-out-of-business sales 101
You may be thinking of getting a payday loan so you can run out and take advantage of Circuit City’s going out of business sales, but you might want to think twice. If you’re like me, you assume that because these firms are trying to get rid of [...]
Manufacturing company makes massive job cuts
Your payday loan source keeps you up to date on the nation’s economy.
Eaton Corp., an industrial parts and systems maker, announced that it is cutting 5,200 jobs. Paired with cuts last year of about 3,400, the company has cut about 10 percent of its work [...]
Big companies are making big cuts.
If the trend of setting interest caps on payday loans continues, it will likely amount to a lot of layoffs in the payday loan industry. Many companies have already experienced such financial turmoil that they are making massive cuts to the size of their staffs.
Unemployment [...]
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Questionable headlines
When I started reading the news today, I came across a headline that said “Consumer sentiment rises in January.” At first I thought “What exactly is consumer sentiment?” After reading the article and coming across the phrase “consumer confidence,” I [...]