CSBJ Daily

The Corporation for Enterprise Development has ranked Colorado fifth among the 50 states for credit card debt per borrower.
Colorado’s median credit card debt is $2,030. Alaska leads all states with a median credit card debt of $3,384 – more than$1,200 higher than any other state.
New Hampshire, Connecticut and Maryland round out the […]

Housing foreclosures have more Americans renting, and few have rental insurance, according to study from Allstate.
Homeowner’s coverage is required as a part of most mortgages, but the more than 500,000 Colorado residents who rent their homes face no such insurance requirement.
About 40 percent of those renters say they have no renter’s […]

Recalling 1970’s era “stagflation,” the Commerce Department reported this morning that an inflation indicator tied to consumer spending rose by 0.8 percent in June, the largest monthly jump since 1981.
Analysts attributed the sharp rise to the effects of higher gas prices.
The Reuters/Jefferies CRB index of 19 key commodities fell 10 percent […]

You know times are tough when fast food restaurants have to modify their “value menus” because it’s becoming too expensive to sell products for so little.
McDonald’s is apparently making changes to its popular $1 double cheeseburger, and plans to introduce other changes its Dollar Menu by next year.
Some restaurants are selling […]