While most of the Weekend Linkage posts tend to highlight stories from personal finance bloggers, this week, we're showcasing two links from the granddaddy publisher of them all: the New York Times. I've ragged on the mainstream media before for not knowing how to publish useful personal finance content, but the Times comes through with [...]
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There's good news on the economic front: in July, American consumers cut their debt by $21.6 billion, the largest amount ever on record, according to Yahoo News. Consumers' appetite for revolving credit, primarily credit cards, declined by $6.1 billion in July, an annualized rate of 8 percent that followed a 6.4 percent drop in June. [...]
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