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Student loan debt outpaced credit card debt for the first time last year and is likely to top a trillion dollars this year as more students go to college and a growing share borrow money to do so, reports the New York Times.
The recession left a lot of people with bad credit — even people that previously had sterling credit. So, are hiring managers now willing to overlook bad credit or can it still cost you a job?
Much of investors' focus this week may have been on the rate decision by the European Central Bank (ECB), but Mansoor Mohi-uddin, Chief Currency Strategist at UBS Investment Bank, says the big event in currency markets already happened back in March, when the G7 nations staged a co-ordinated intervention to stem the yen's strength.
After seeing an an outflow of funds in the first quarter, emerging markets seem to be gaining favor with investors once again.
More than seven-and-a-half million couples live together without tying the knot—and that number is growing. It may appear to be a simple arrangement, but can be full of complexities when it comes to money and financial planning, especially in retirement.
There will be continued upside for South Korean firms as the U.S. economy continues to gain momentum, says Daphne Roth, Head of Equity Research, Asia at ABN AMRO Private Banking.
Taxes are a necessary burden but in some states, they're becoming so financially unbearable, they're pushing some residents and companies out.
Gold prices took a tumble in late January, but have since been going from strength to strength. Spot gold has risen 6.5 percent since January 28th. One fund manager thinks the precious metal has more upside as it remains undervalued.
In a rising inflationary environment, one stock to own is global supply chain manager Li & Fung, Vineet Sharma, Head of Consumer, Asia ex-Japan Equity Research at Barclays Capital told CNBC.
There's strong upside potential for China's mega lenders, says May Yan, Director and Head of China Banks Research at Barclays Capital, citing their strong fundamentals. She expects shares of Industrial and Commercial Bank of China (ICBC), the country’s biggest bank, to gain 15 percent in the next 12 months, with a price target of HK$7.40.
While the uncertainty surrounding Japan in the past few weeks may have caused some to avoid this market, one veteran Japanese fund manager says equities are still attractive, particularly in the small-cap sector.
There are just a few weeks until tax returns are due. Make sure you don't miss tax moves regarding your individual retirement accounts that could potentially reduce your tax bill.
As we've seen over the past few weeks, global events can impact different markets in many ways, making diversification even more important. So when it comes to your retirement fund, just how much should you have invested internationally?
As governments around the world rethink nuclear power, with fears rife about leaking radiation at Japan’s earthquake-damaged plants, Steen Jacobsen, chief investment officer at Saxo Bank, recommends investors focus on Russia to benefit from its energy potential.
Oil prices have fallen sharply in the wake of the disaster in Japan as investors have shunned risk. Nymex has declined around 5 percent since last Friday's earthquake and tsunami. However, Jim Rogers, Chairman of Rogers Holdings, who has been a long-term bull on oil, thinks it's only a matter of time before the current trend reverses.
More than four out of ten American millionaires say they do not feel rich, according to a recent survey.
In Wisconsin, new pension cost estimates are expected to show that contribution levels are too meager and more money will be needed from public workers, the NYT reports.
Suze Orman explains why she thinks the America dream might now be dead.
Strategists warn the recent rotation out of emerging market equities are overdone, and are advising investors to stay invested in these markets.
When it comes to retirement, Americans have high anxiety. And the three-lane highway of Social Security, retirement savings, and a traditional pension is full of potholes.
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