U.S. cities ranked according to highest consumer credit card debt averages

Apr 22, 2011 Brian Bradley

U.S. cities ranked according to highest consumer credit card debt averages

According to consumer credit reports by Equifax and Experian, the average consumer now owes more than $4,200 in credit card debt, and the burden of credit card debt for some households accounts for up to 17 percent of their total income. The


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Lawsuit filed over faulty background check, firing

Apr 21, 2011 Matt Roesly

Lawsuit filed over faulty background check, firing

A Michigan man has filed a lawsuit against the Roskam Baking Company for firing him after reviewing the results of a flawed background check, according to MLive.Leonardo Molina of Grand Rapids, Michigan claims he was hired to fill a full-time


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Verizon report shows hackers targeting smaller organizations

Apr 20, 2011 Matt Roesly

Verizon report shows hackers targeting smaller organizations

Less information has been lost in recent years, but hackers are targeting smaller organizations, a recent report found.Verizon's 2011 Data Breach Investigations Report found that the combined caseload for compromised records shared between


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Comptroller error opens personal information of millions to the public

Apr 20, 2011 Brian Bradley

Comptroller error opens personal information of millions to the public

The sensitive data of members of three different state agencies had been accessible to the public by a Texas comptroller for nearly a year, according to the Austin Business Journal.Data files from 1.2 million employees in the Teacher Retirement


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Lenders, lawmakers battle over risk retention rules

Apr 20, 2011 Brian Bradley

Lenders, lawmakers battle over risk retention rules

Banking industry representatives are pushing back against proposed risk retention rules that seek to make standards stricter for lending firms.The representatives contend that the rules would constrict credit and make it more difficult for


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