Apr 9, 2012 The credit card business is settling down, and no, the sky didn't fall following the Credit Card Act of 2009.
Apr 4, 2012 At the Federal Reserve's latest meeting, only two of 10 voting committee members support additional stimulus. The Fed inspector general, meanwhile, released a report that Fed money didn't contribute to the Watergate burglary, or to Saddam Hussein and Iraq getting weapons in the 1980s.
Apr 4, 2012 The payroll processing company ADP said the U.S. private sector added 209,000 jobs last month, a sign that job growth has yet to be affected by high gas prices. The seeming recovery has also led the Fed to announce it will ease off with quantitative easing.
Apr 3, 2012 Up to 1.5 million credit card numbers for Visa and MasterCard accounts have been stolen from the databases of a company called Global Payments. Plus, understanding evolution through evolving robots.
Apr 2, 2012 I am graduating from medical school. I have debt of about $170,000 at 6.8 percent non-compounding interest and $12,000 at 4 percent. I also have a Roth IRA with about $4,000 in it. Should I invest in my Roth IRA while making payments next year? I make $45,000 next year then $52,000 the year after, then $60,000 the third year. Do I put everything I can into paying off debt, or do I try to put a little in the Roth while making my income-based repayments on the loan? (Expected payoff is in 10 years.) John, Wauwatosa, WI
Apr 2, 2012 SoFi launches an experimental new, community-based student lending program that provides students with lower cost loans and school alumni with a unique investment opportunity.
Stacey Vanek Smith
Mar 27, 2012 Since quantitative easing took place in 2010, stock prices in the U.S. went up something like 28 percent, adding $3.5 trillion.
Mar 26, 2012 Are debt collectors working for the Department of Education letting debtors know their rights? Bloomberg's John Hechinger discusses the rights of borrowers.
Mar 26, 2012 Federal Reserve Chairman Ben Bernanke says U.S. needs faster job growth before Fed changes monetary policy.
Mar 21, 2012 Should I consider a CD as a worthwhile investment? I am 26, work for a neat nonprofit, paid off my car in 1 year and plan to be paying student loans for 20 years. I have about $5,200 invested in stocks and mutual funds (most of which is split between a Roth and a traditional IRA). I have another $1,000 I'd like to invest. Should I continue with IRA contributions and modest stock purchases or consider something like a CD? The thing is, my online savings account APY is higher than the CD rate. I guess a third option is paying down an additional $1,000 on my student loans. What should I do? Thanks! Michael, Salisbury, MD