Thursday, March 12, 2015

Stock Buybacks

Occasionally, companies buy back their own stock.  Err, it makes you wonder what impact that has on the market?  In this story, the PBS Newshour investigates the impact stock buybacks have:
http://www.pbs.org/newshour/making-sense/biggest-scam-bankrupting-business-middle-class/

There are also some new rules out to protect consumers and their credit scores:
http://www.pbs.org/newshour/bb/new-rules-protect-credit-errors/

This is another story which features the work of New York State Attorney General Eric Schneiderman.  He's definitely a busy person these days.  And these changes to credit scores are significant.  If anyone has ever dealt with sorting out a medical bill, these changes are much appreciated.  Medical debt can not be reported for at least 180 days under the new rules.  This gives the patient/consumer time to sort things out with insurance companies and billing departments.  Also, there are new ways to dispute errors in a credit report.  Until next time, catch me in the library.

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