July 25, 2011

With about one week until the federal government’s borrowing limit is reached, House Republicans and Senate Democrats say they each have fallback plans to cut spending and raise the debt ceiling to avoid the first-ever U.S. Treasury default. It will take days to move legislation through Congress to prevent a debt default that could lead to higher interest rates and slow the economy. Source Link
 

The Better Business Bureau is out with a list of the top scams that are circulating online. Be on the lookout for bogus job finder services or debt relief and settlement services that ask for your bank account or social security number. And avoid work-at-home schemes that involve reselling items because you could actually be fencing stolen goods. Source Link
 

Want to have a dog or cat as a pet but you’re worried that your children will become allergic? In fact, a new study says that pet might be good for their health. Children who were exposed to dogs and cats as youngsters had fewer nasal allergies as teenagers. The effect could also reduce the risk for asthma and other allergic diseases in the future. Source Link