Credit card companies lower in delinquency
Credit card delinquency has stabilized, according to the six major lenders, and shares of the credit card companies have jumped.† Bank of America Corp and American Express Co have reported drops in delinquency rates, and Capital One Financial Corp, Discover Financial Services, JP Morgan Chase & Co. and Citigroup Inc. have reported little change in their delinquency rates since December.† Economists predict a seasonal economic recovery later this spring, and expect to see signs of a cyclical recovery in the later months of 2010.
Good news for med school applicants
Medical schools are expected to surge in numbers. These new schools are seeking to address an imbalance in American medicine that has been growing for a quarter century. If all the schools being proposed actually opened, they would amount to an 18 percent increase in the 131 medical schools across the country.