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Student Loan Default Figures Show Moderation

New Department of Education figures indicate the number of students struggling to pay back their loans is moderating. For-profit colleges continue to have the highest default rates but saw their numbers improve compared to last year.

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DreamPictures, Getty Images
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Fannie-Freddie Barred from Reducing Principal for At-Risk Borrowers

A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.

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Dow Jones Average Spikes Up Over 2 Percent As Traders React To Euro Zone Bailout Plan (Getty Images)
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Europe Frets: Will Spain Need Full Bailout?

Europe is on the brink again. The crisis over too much debt in the 17 countries that use the euro flared dangerously on Monday.

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S. Badz, Getty Images
S. Badz, Getty Images
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Canadians Are Richer Than Americans – Call It the ‘Great Wealthy North’

When President Obama’s healthcare law was upheld by the Supreme Court, some infuriated people had a rather amusing response: they vowed to move to Canada, a country where socialized medicine is the law of the land.

But it’s perhaps thanks to that and other “socialist” policies that Canadians are now richer than Americans.

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Flickr User 401K
Flickr User 401K
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How Much is Your 401K Costing You? [AUDIO]

You may not realize it, but hidden fees could be costing you up to 30 percent of your 401k plan over time.

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Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Very Few Young Adults Have A Will, Survey Shows [AUDIO]

Better than seven in ten young adults have not prepared a will in the event the unthinkable happens.

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