Layout Editor

Jesse M. Harris

Harris has been at the Globe for over 25 years, working on the Business and News copy desks. Prior to the Globe, Harris worked at the Federal Reserve Bank of Boston and the former Bank of New England. He is a Boston native.

Latest stories

Eileen AJ Connelly

Defaults down, credit companies may issue more cards

By Eileen AJ Connelly , Associated Press

Credit card defaults dropped so sharply this year that banks may pick up their pace of opening new accounts in 2012.

Wealth effect fades as mortgage debt falls to five-year low

By John Gittelsohn and Kathleen M. Howley , Bloomberg News

U.S. mortgage debt, a driver of consumer spending during the real estate boom, dropped to the lowest level in almost five years in the third quarter as foreclosures wipe out home loans and housing purchases fall.

Eileen AJ Connelly

MasterCard, Western Union teaming up on prepaid

By Eileen AJ Connelly , Associated Press

A year after Western Union began issuing prepaid cards bearing the MasterCard logo in the US, the companies say they will begin offering the cards in other countries.

Justin Pope

The other student loan problem: too little debt

By Justin Pope , Associated Press

Educators in some sectors of higher education say students who take extreme steps to avoid debt may not wind up with a college degree.