Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
IMF Warns Greece: Reform or Restructure
By Marlene Y. SatterAccording to an IMF envoy monitoring Greece’s progress in implementing reforms to drive down its debt, those reforms aren’t coming fast enough and that could have dire consequences for Athens.
May 16, 2011
CNO Board Approves Share BuybackThe board of CNO Financial Group Inc. has approved a program that could buy back up to $100 million in CNO common shares over the next 2 years.
May 16, 2011
U.S. Debt Limit Deadline Extended by Treasury ManeuversArrival of so-called ‘Debt Ceiling Day’ finds politicians far from a deal.
May 16, 2011
Wolin Says Taxes Could Rise if Politicians Cast Doubt on U.S. CreditTreasury’s Wolin cites risk of ‘double dip recession’ and higher rates on Treasury securities; taxes could rise to pay higher rates.
May 13, 2011
Currencies & Strategy: A Tale of Two ForecastsThe best approach is to maintain a globally diversified equities portfolio along with a healthy mix of hard assets, such as commodities and real estate.
May 12, 2011
Bernanke Tells Senate, Failure to Raise Debt Limit Is 'Risky'; Dodd-Frank Repeal DebatedBen Bernanke said Thursday that failure by Congress to raise the debt ceiling is a “risky approach” that, at a minimum, would result in an “increase in interest rates that would worsen” the nation’s economy. The Senate committee also delved into the implementation of the Dodd-Frank Act and efforts by...
May 11, 2011
EU Reviews Greece Debt Reduction, as Workers StrikeAthens saw the arrival on Wednesday of inspectors from the European Union (EU) and the International Monetary Fund (IMF), who came to conduct a review of Greece's efforts to combat its rising debt and determine whether the country will receive the next aid tranche in its rescue package.
May 10, 2011
Boehner Demands Obama Cut Spending to Get Debt Limit DealHouse Speaker John Boehner said Monday night that President Obama must agree to more than $2 trillion in spending cuts in exchange for a vote to increase the debt ceiling enough to cover U.S. obligations through the end of next year.