Consumers are still being cautious about new debt, Esther George, president of the Federal Reserve Bank of Kansas City, Mo., said Tuesday in Omaha. George spoke to about 300 people at the University of Nebraska at Omaha after meeting earlier in the morning with business and economics faculty from the UNO, Creighton University and the University of Nebraska-Lincoln. Other problems are hampering the recovery from the recent recession, she said. Even with businesses being cautious about spending, George said, “We are making progress.” Unemployment remains at 7.9 percent, she said, but that is less than most experts ... (full story)