Finance
Great Recession ended a year ago, but expansion recession continues
Recession is a technical term that technically doesn't apply to what the U.S. is at the moment going through. The government made it clear Monday that despite the fact that the economy is in a bad condition, the U.S. isn't in an economic downturn. The economic downturn ended June 2009. Since World War II, ...
Trade deficit widens unexpectedly to record one-month increase
Wall Street went into a panic Wednesday as the Commerce Department reported a sharp increase in the U.S. trade deficit in June. After narrowing in recent months, the U.S. trade deficit unexpectedly widened in June by a record $ 7.9 billion. Stocks were sold off with this news. The trade deficit also led analysts ...
How to avoid personal finance mistakes that cost a lot of money
A lot of people make financial mistakes by spending money without thinking. Living for today and forgetting about tomorrow can get you in trouble. Nobody likes to stop spending their money. But personal financial management will help you stay away from big mistakes that hold you back from where you really want to be.
Budgets help ...
Getting a loan in the UK could require taking a test
In the United Kingdom, new rules are being considered that would make loans for anyone that may need extra cash just a little more difficult. After the Learning and Skills Council found that 9 out of 10 customers couldn't calculate basic financial numbers, ministers took note. Now, new regulations may require customers that need loans ...
Changes to student loan programs make repayment easier for some
With the fall semester of 2010 coming up for many college students, recent changes to student loan programs are taking effect. Some of the biggest changes contain an alteration of income based repayment standards. This could help make it an easy cash loans for students with debt trying to make payments. New rules and formulas ...