New frugality is the new normal, by necessity (San Francisco Chronicle)

A year after “shop ’til you drop” stopped, the nation fixates on this question: Will consumer spending ever return to pre-recession levels? Increasingly, the answer appears to be no. Belt-tightening in bad times is normal. And after every other recession… Sponsored Topics: Recession – Consumer spending – Frugality – United States – Home

Credit Card Debit Help May Be Too Good To Be True (News West 9 Midland)

A simple solution to credit card debt may be too good to be true says Better Business Bureau Director Trish Powell.

Oracle to Offer $4.5 Billion of Debt in Three Parts (Update2) (Bloomberg)

June 30 (Bloomberg) — Oracle Corp. , the world’s second- largest software maker, plans to sell $4.5 billion of debt in a three-part offering, according to a person familiar with the transaction.

BTA Bank Debt Talks May Slow as Goldman Sachs Quits as Adviser (Bloomberg)

July 1 (Bloomberg) — BTA Bank’s effort to restructure as much as $15 billion of debt may slow after Goldman Sachs Group Inc. resigned as an adviser for Kazakhstan’s largest bank.