Economy

These days more credit card customers are paying their bills on time than they have over the course of the last decade.

A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 percent 15-year average.

So, what’s with all of the newfound responsibility?

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Call it the "baby bust." For the fourth straight year, birth rates in the United States have declined.

Slightly fewer than four million babies were born in the U.S. in 2011, the lowest total since 1998. However, the 1 percent drop in the birth rate was less than it had been in the previous three years. This suggests that the economic pressure experts believe is depressing the birth rate may be easing up.

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For recent college graduates, the economic downturn and very, very slow recovery of the past few years have been brutal. But things may be looking up.

According to the Job Outlook 2013 survey, employers are on track to hire 13 percent more graduates from the class of 2013 than they did for those who walked away with their degrees in 2012.

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The days of the free checking account are nearing extinction and ATM fees are on the rise, according to the latest financial research from bankrate.com. Those annoying ATM surcharges that consumers incur every time they withdraw cash from a money mover that is not the property of the their bank have risen once again, to an all-time high of $2.50, up 4 percent from last year.

And lest you think we would mislead you by using a term like "skyrocket" in the headline to describe a mere 4 percent increase—there's more ...

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The average income of the American family is down for the second year in a row, with households earning nearly eight percent less than what they did in 2007 prior to having their financial throats cut by a downtrodden economy.

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This should get your attention if retirement is in your near future. MarketWatch reports a recent survey shows that almost half of all U.S. retirees die with savings of $10,000 or less -- almost no money in the bank.

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Worst has come to worst at the oldest two-year college in Texas.  Officials at Lon Morris College in Jacksonville have suspended the entire fall term of classes.

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Farmers may not be happy about the recent drought that’s plagued much of the US, but it’s been a boon for cows with a sweet tooth — because ranchers who can’t afford the high prices of corn are now feeding the animals candy instead.

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