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Western Union to diversify into B to B Remittances
Jun 20, 2013 at 00:06 | Source: Economic Times
MUMBAI: Consumer money transfer payments provider Western Union is diversifying into business to business or B to B cross border payment services in India. Among other areas, the company is also looking at launching a separate facility for cross-bor...
Banks make big bucks from fine print
Jun 13, 2013 at 21:57 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Look in your mailbox. Do you see an offer from a bank? Maybe a credit-card solicitation? Or an offer to lower your mortgage payment? I’ve been covering financial services for more than 15 years. And I’m not ashame...
Best and worst careers to go into debt for
Jun 11, 2013 at 19:17 | Source: Market Watch
Many college graduates dream of the day they’ll be debt-free. But new findings show that for some, that day may not arrive until they’re about to become grandparents. At a time when lawmakers are working to reform student loans and some economis...
US economy adds 175,000 jobs in May
Jun 08, 2013 at 13:32 | Source: BBC
US employment rose by slightly more than economists had predicted during May. The latest US non-farm payrolls show that 175,000 jobs were created last month. But the unemployment rate increased slightly to 7.6%. Shares had mostly fallen in the run up...
Household wealth tops $70 trillion
Jun 06, 2013 at 23:13 | Source: Market Watch
WASHINGTON (MarketWatch) — Households have recovered wealth lost in the recession while cutting their debts, according to Federal Reserve data released Thursday. Household net worth grew by about $3 trillion in three months to $70.3 trillion at th...
Global economy balanced on a pinhead: Andy Xie
Jun 03, 2013 at 11:27 | Source: Market Watch
BEIJING (Caixin Online) — Japan and the United States are using asset bubbles to revive their economies. They are struggling to manage the speed of bubble expansion or contraction. This dancing on a pinhead brings big uncertainty to the global eco...
Obama: Student loan increase like $1000 tax hike
Jun 01, 2013 at 02:00 | Source: Business Week
WASHINGTON (AP) — President Barack Obama on Friday urged Congress to prevent student loan rates from doubling in a month, prompting a fight with House Republicans who accused him of playing politics instead of sitting down to work out small ...
Student Loan Rates Are on the Verge of Doubling. Here's Why
Jun 01, 2013 at 00:00 | Source: Business Week
President Obama and House Republicans actually agree on something—both want to tie student loans closer to market rates. But the consensus ends there. When it comes to sorting out the details, the president and the GOP are pretty far apart. As Obam...
Obama Presses Congress to Adopt His Student Loan Plan
May 31, 2013 at 22:00 | Source: Bloomberg
President Barack Obama surrounded himself with college students to urge Congress to pass his legislation to prevent an automatic doubling of student loan interest rates to 6.8 percent on July 1. “Higher education cannot be a luxury for a privileged...
Obama: Rising college costs hold back middle class
May 31, 2013 at 22:00 | Source: Business Week
WASHINGTON (AP) — President Barack Obama on Friday urged Congress to prevent an increase in student loan rates, saying rising college costs hold back the entire middle class and unfairly saddle young people with more debt just as they are starting ...
Obama to launch fresh push on student loans
May 31, 2013 at 14:00 | Source: Business Week
WASHINGTON (AP) — College students are joining President Barack Obama at the White House as he calls on Congress to keep federally subsidized student loan rates from doubling on July 1. Friday's White House event marks the beginning of a pu...
Dear Class of ’13: You’ve been scammed
May 18, 2013 at 17:37 | Source: Market Watch
Class of 2013, No one else is going to tell you this, so I might as well. You sit here today, $30,000 or $40,000 in debt, as the latest victims of what may well be the biggest conspiracy in U.S. history. It is a conspiracy so big and powerful that D...
Dear Class of ‘13: You’ve been scammed
May 17, 2013 at 20:17 | Source: Market Watch
Class of 2013, No one else is going to tell you this, so I might as well. You sit here today, $30,000 or $40,000 in debt, as the latest victims of what may well be the biggest conspiracy in U.S. history. It is a conspiracy so big and powerful that D...
U.S. households whittle down debt again
May 14, 2013 at 20:52 | Source: Market Watch
WASHINGTON (MarketWatch) — The total amount of debt held by Americans fell again in the first three months of 2013 and stood at the lowest level since mid-2006, the New York Federal Reserve said Tuesday. The level of household debt fell $110 billi...
Billionaire investors take aim at Fed's policies at Sohn event
May 09, 2013 at 03:30 | Source: FirstPost
NEW YORK (Reuters) - Wealthy money managers bashed Federal Reserve Chairman Ben Bernanke's easy money policies at a closely watched annual investment conference and charitable event on Wednesday.The Sohn Investment Conference, which raises money for ...
Stock futures up after Aussie rate cut, Nikkei leap
May 07, 2013 at 16:57 | Source: Market Watch
MADRID (MarketWatch) — U.S. stock market futures moved higher on Tuesday, driven by a surprise rate cut in Australia and a surge in Japanese stocks. Job openings and consumer credit make up the day’s data offerings, while a few companies are due...
Why the U.S. will survive the end of globalization
May 07, 2013 at 10:12 | Source: Market Watch
SYDNEY (MarketWatch) — Commentators take it for granted that relatively unfettered global trade in goods and service and free movement of capital is a given. But the reality nowadays is far more limiting. If current economic pressures lead to a sh...
May 04, 2013 at 17:12 | Source: Market Watch
David Lopez, a senior and student body president at Temple University in Philadelphia has been working in politics since he was a 17-year-old interning for Hillary Clinton’s presidential campaign. While working on his political science degree, Lop...
College grads: Uncle Sam doesn’t want you
May 03, 2013 at 21:22 | Source: Market Watch
David Lopez, a senior and student body president at Temple University in Philadelphia has been working in politics since he was a 17-year-old interning for Hillary Clinton’s presidential campaign. While working on his political science degree, Lop...
Michael Jackson's doctor had debt totalling $1million
May 02, 2013 at 18:55 | Source: DNA India
A police detective testified on Wednesday that Conrad Murray, who has been convicted of involuntary manslaughter in Michael Jackson s death, faced student loans, home loans, child support obligations and credit card payments that were in arrears in ...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
