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Free Press automotive reporter Sarah A. Webster hosts a blog on today's critical Senate hearings on aid for the Detroit Three, which got under way at 3 p.m. The leaders of General Motors Corp., Ford Motor Co. and Chrysler LLC are on hand to face ...

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Live blog: Mulally says Ford could be ‘turbo machine’ after crisis - Detroit Free Press

The no-muss, no-fuss payment plan — layaway — may be making a modest comeback this year to entice consumers back to shop for Christmas gifts despite tighter credit and slumping retail sales. Sears will reintroduce it today for the first time in ...

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Layaway is back in style for cash-strapped shoppers - Nashville Tennessean

Olga Valeriano has found an old solution to her latest budget crunch this holiday season: shopping on layaway. The concept that went out of style with the rise of credit cards in the 1990s is making a resurgence this holiday season among shoppers ...

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Short on cash? Stores bring back layaway - Miami Herald

• Pay cash. • Use credit cards. You can earn reward points. And if you pay the balance each month, there is no interest charge. • Go layaway. A few retailers -- such as TJ Maxx, Burlington Coat Factory, Kmart and Mori Luggage -- still offer ...

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Credit crunch may spoil holidays for retailers - Atlanta Journal Constitution

The Federal Reserve has slashed its benchmark rate to 1%, yet many people are getting hit with higher rates and fees on their credit cards. Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ...

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Register for FREE - Wall Street Journal

GARY DWIGHT MILLER, The Patriot-News A small area of layaway items fills an area of the Kmart in Lower Paxton Twp. Think layaway is a thing of the past? Think again. Some retailers have pulled an idea from way back to help cash-strapped holiday ...

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Layaway plans help cash-short shoppers - Patriot-News

With credit card companies clamping down on spending limits, experts expect more shoppers to cut back. Through years of easy credit, buy now and pay later became the mantra of the American consumer. Now, with recession-shocked consumers fearful of ...

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Credit woes find shoppers 'hunkering down' - San Diego Union-Tribune

* Know the terms before you buy. Some cards, especially those issued by banks, malls or credit cards, have fees and expiration dates. * Buy from reputable retailers. Beware of online auction sites. Some may be fraudulent. * Use all of your card. In ...

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Gift card deals get sweeter - Raleigh News & Observer

Enter them in the 2009 Hendricks County Flyer baby calendar contest and prove it to the rest of the county. The first-place winner will be featured on the front of the calendar and will receive a $2,500 U.S. Savings Bond. Second- and third-place ...

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Hendricks County Flyer to offer 2009 baby calendar - Hendricks County Flyer

The economic downturn means some U.S. shopping developments no longer will deliver new Nordstrom stores as planned over the next two years. Seattle-based Nordstrom said Thursday it will open seven to eight new full-line clothing stores in 2009 and ...

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