Pinching pennies
Times are tough for Americans as their wallets take multiple blows from the housing slump, rising oil and food prices, growing unemployment, inflation fears and recession talk. Many homeowners are facing negative equity, with mortgages bigger than their property’s value.
Even as recently as November, households were going into debt to maintain spending, but [...]
http://feeds.reuters.com/~r/reuters/blogs/ask/~3/323312021/