Two years after leaving school, students default on their federal loans at a rate of 9.1%, according to a 2013 report by the New York Federal Reserve. That figure jumps to 13.4% at the three-year mark.
To prepare for retirement, workers need to do two things: save enough and choose the right investments.
Inflation in continental Europe has risen recently, and will continue to do so, and this should “disturb bond traders”.
What do investors look for when deciding whether to fund an entrepreneur? It depends on whom you’re asking, and how far along your startup is.
Investment-grade bonds are securities sold by companies with the safest balance sheets and given relatively good ratings from the credit rating agencies.
Lots of Americans end up needing government assistance – Medicaid, food stamps, housing vouchers. And lots of them move off of it once they no longer need the help.
$5 million is a hefty sum of money to buy a home in any place. But in some locations, that amount of money doesn't go as far as one might think.
To judge by government data, there’s essentially no inflation in the U.S. economy. The latest Consumer Price Index actually shows a 0.2 percent drop in prices from April 2014.
Low-wage workers are getting priced out of America's biggest cities.