President Obama’s national deficit panel sparked an uproar from student advocates with its proposal to end the in-school interest subsidy on school loans. I’d go even further, and end the deferral of repayment until after gradu…
Under the threat of an FDA ban, the makers of alcoholic energy drink Four Loko are changing its recipe to remove caffeine, guarana and taurine. But the only problem a ban of Four Loko would solve is to save young people from th…
Citigroup on Monday morning reported third quarter net income of $2.2 billion, topping Wall Street estimates and marking its third consecutive quarterly operating profit. Citi shares were up as much as 2.3% in premarket tradin…
Total consumer debt fell by $3.3 billion in August. And as in July, declining revolving debt, which includes credit cards, accounted for the entire drop. The trend could keep GDP in check, but long term, it’s a positive.
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