Financial Outlook

The Green Exchange keeps useful items out of the landfill through frugal creativity. It is run on most Tuesdays.

The economy is still growing, just not by much. And until that changes, don’t look for the jobs to come back.

Washington Post Friday, July 30, 2010 iStockphoto.com After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new dilemma: customers who are too good. Card issuers have long found their bread and butter in penalty fees and high interest rates paid by consumers who carry a balance.

The economy slowed in the second quarter as a scarcity of jobs eroded consumer spending, leaving the rebound dependent on business investment. Gross domestic product grew at a 2.4 percent annual pace, less than had been forecast, after a 3.7 percent first-… Business – Gross domestic product – Investment – Consumer spending – Economy

The worlds largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending.

Asomugha, McFadden and Kelly simply have not made enough plays to justify the loot they’ve snagged from one of the NFL’s feeblest but far from frugal franchises. Raiders: Blog | Forum, photos, video, more

NAPA The Raiders have not gotten their money’s worth out of way too many players.JaMarcus Russell? That was obvious. Same goes for three other notoriously high-paid, low-production players: cornerback Nnamdi Asomugha, running back Darren McFadden and defensive lineman Tommy Kelly.

Mexico says its economy expanded by an estimated 7 percent in the second quarter, the fourth consecutive quarter of growth following a punishing recession.

Mexicos economy probably grew 7 percent in the second quarter from a year earlier, the Finance Ministry said in a statement.

Federal officials said Friday the national economy slowed 2.4 percent in the second quarter. WASHINGTON -The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.