The Department of Education just quadrupled a key discount for student loan borrowers — but the clock is ticking
A lower interest rate means a larger share of each payment goes toward reducing the loan balance, rather than covering interest charges.
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Tech bonuses in South Korea have grown so large that the central bank is raising inflation fears
South Korea’s massive tech bonuses at Samsung and SK Hynix are boosting luxury spending and raising concerns that higher wages could fuel inflation.
BiMPay payday hiccup traced to account data errors, Central Bank says
Delays in salary payments affecting some workers were caused by incorrectly formatted account details submitted by employers, not faults in the new BiMPay system...
Union Savings Bank Invests $568,000 in Bank of America Corporation $BAC
Union Savings Bank bought a new stake in Bank of America Corporation (NYSE:BAC) in the fourth quarter, according to the company in its most recent Form 13F filing...
Larry Mathis Financial Planning LLC Acquires Shares of 23,373 Bank of America Corporation $BAC
Larry Mathis Financial Planning LLC acquired a new stake in shares of Bank of America Corporation (NYSE:BAC) in the fourth quarter, according to its most recent...
Energy prices expected to push inflation higher – National
OTTAWA – High oil and gasoline prices are expected to push inflation higher when Statistics Canada reports its consumer price index for May on Monday. But the...
Japan’s Yen Remains Trapped in Structural Weakness Despite $72.8bn Interventions and Historic Rate Hike
Japanese authorities have thrown everything at the yen’s slide, deploying more than 11.7 trillion yen ($72.8 billion) in foreign reserves between April and May...
2,290 Shares in SPDR Gold Shares $GLD Acquired by MidFirst Bank
MidFirst Bank acquired a new position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, according to the company in its most recent Form...
Fed Chair Warsh Slashes Statement Length, Reversing Transparency Trend
Federal Reserve Chair Kevin Warsh has dramatically shortened the central bank's post-meeting statement, reversing years of increased transparency. Warsh believes...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent...
The Fed's Latest Inflation Outlook Offers Wall Street Its First Relief in Months
The FOMC says things aren't as miserable as they look, seem, or feel on the surface.
Jim Cramer Explains the Reason Capital One Became a “Virtual Trampoline”
Capital One Financial Corporation (NYSE:COF) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is...