Federal student loans are about to become a larger financial crisis than the mortgage disaster. With $1 trillion in student loans outstanding - and more being added every year - cutting the interest rates on federal student loans is a topic that both parties should agree upon immediately.
SAN JOSE (AP) - EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
No matter who is picked as president in the upcoming election, in today's column, I will tell you what he will do about Social Security reform. But before I get to that, I must once again go over the reason why reform is needed.
TRENTON, N.J. (AP) - New Jersey has petitioned the U.S. Supreme Court to hear a case that could help the government claim at least $15 million a year in unspent gift card revenue from retailers to help balance the state budget.
NEW YORK (AP) - Soda makers, restaurateurs and other businesses sued Friday to try to block the city's unprecedented move to restrict sales of super-sized, sugary drinks, an effort the city called a coup for public health but the businesses view as wrong-minded meddling.
SAN DIEGO (AP) - Southern California home prices posted a sixth straight annual increase in September as buying shifted to more expensive houses along the coast and the supply of heavily discounted foreclosed properties dwindled, a research firm reported Friday.
NEW YORK (AP) - A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing.