Congress failed to take action and strike a deal on federally subsidized Stafford student loan rates, causing them to double from 3.4 percent to 6.8 percent. It’s possible for lawmakers to pass…
Category: Finance
College Debt Continues To Get Worse Despite Increasing Attention
According to the latest research, families are not saving enough money for college, students are deeper in debt and about 13 percent of college graduates owe $50,000 or more for their education….
CBO Warns Fiscal Cliff Could Cause Another U.S. Recession
The Congressional Budget Office sent out a report that warned a fiscal cliff could lead the U.S. economy into another recession during 2013 and drive the unemployment rate up over nine percent….
Home Appreciation Increases Throughout The U.S.
Home prices across the U.S. are on the rise, making a huge 4.6 percent leap in August from August 2011. This is the biggest leap seen in six years. According to CoreLogic,…
U.S. Stocks Rose Amid Sneaking Suspicion on Another Bailout Aid for Greece
U.S. stocks rose, cutting down the largest monthly decline for the Standard and Poor’s 500 Index since August 2010, amidst suspicion on additional assistance for Greece. Despite weaker anticipations on regional manufacturing,…
Currencies in Asia Strengthened this Week
This week, Asian currencies posted better performance amid speculation that borrowing costs will be continuously increased by central banks for each region in order to control inflation. The Singaporean dollar posted a…
Google Co-Founder Takes Over CEO Seat
Just when we think that all the hype and excitement over the announcement that Apple CEO Steve Jobs is taking a leave of absence, another big name in the computer and internet…
Wall Street: Clear Skies Ahead for the US Economy
Wall Street has promising predictions for the market as they see clearer skies ahead and another week of gains – the fourth consecutive to be exact. This predication was based on the…
APEC Summit 2010 Spearheads Free Trade Policies
The APEC Summit has finally ended last Sunday after four days of the annual conference meeting which comprised of presidents from the world’s strongest economies. The participating countries are now proud to…
Stock Market Ends with Narrowly Mixed Stocks Due to Dow Jones High
Once again, the Dow Jones industrial average reached yet another record trading level high of the year. This has resulted to a narrowly mixed stock by the end of Monday, November 1,…