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Student loan debt -- the next bubble to burst?
jscherder@ky3.comSPRINGFIELD, Mo -- Average student loan debt recently topped $25,000--that's up 25 percent in 10 years. Paying for those loans have become a heavy burden nationwide. You go to college to get a degree. You use that degree to get a job. That job pays...Tags: Credit and Debt, Federal Reserve, Students, Colleges and Universities, Teaching and Learning
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Obama threatens to veto Republican student loan plan
ReutersBy Elvina Nawaguna WASHINGTON, May 22 (Reuters) - The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and...Tags: Parties and Movements, Politics, Barack Obama, White House, Students
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Tesla pays back $465m DOE loan, Musk says 'I hope we did you proud'
Autoblog.comFiled under: EV/Plug-in, Tesla Motors, Legislation and Policy We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off the... -
Budget office: Obama would veto House Republicans' student loan plan
Associated PressWASHINGTON (AP) — President Barack Obama on Wednesday threatened to veto legislation by House Republicans that would avert a doubling of student loan interest rates on July 1 but allow them to vary with the markets going forward. The White House...Tags: Politics, Parties and Movements, Barack Obama, White House, Budgets and Budgeting
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Stern Advice-Why pension funds are eating your 401(k)'s lunch
ReutersBy Linda Stern WASHINGTON, May 22 (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company...Tags: Politics, Finance, Bonds, Mutual Funds, Economy, Business and Finance
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Column: Why pension funds are eating your 401(k)'s lunch
ReutersWASHINGTON (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company Towers Watson. In 2011,...Tags: Politics, Interior Policy, Career and Workplace, Finance, Advice Columns and Columnists
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Suntech's local creditors claim $2.5 billion as restructuring starts
ReutersWUXI, China/HONG KONG (Reuters) - Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring...Tags: Bankruptcy, Financially Distressed Companies, Credit and Debt, International Finance Corporation, Companies and Corporations
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Merck signs $5 billion share buyback agreement with Goldman Sachs
Reuters(Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics. Under the...Tags: Drugs and Medicines, Asthma, Buyback, Stock Activities, Singulair (drug)
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Five deals in US HY market as issuers rush in ahead of holiday
ReutersBy Joy Ferguson NEW YORK, May 21 (IFR) - Five new deals launched in the US high-yield market on Tuesday as issuers rush in ahead of the extended holiday weekend. "It'll be a sprint to Memorial Day," said one syndicate manager. So far, the heavy...Tags: Morgan Stanley Dean Witter & Company, Holidays, Deutsche Bank AG, Memorial Day, Goldman Sachs Group, Inc.
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OptimumBank leaders determined to ride out storm
The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...
Tags: Deerfield Beach, Services and Shopping, Hillsboro Beach, Foreclosures, Federal Deposit Insurance Corporation
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AME Info, Abu Dhabi, United Arab Emirates, tourism and hospitality briefs
AME InfoKERZNER TO DEVELOP KSA'S FIRST ONE&ONLY RESORT: Saudi developer and owner of luxury hotels Al Khozama Management Co, in partnership with Saudi Oger, has signed an agreement with Kerzner International Holdings to develop and operate the first One&Only...Tags: Personal Service, Amusement and Theme Parks, Trips and Vacations, Entertainment, Abu Dhabi (United Arab Emirates)
Apr 1, 2013
|Story| KY3-TV
Apr 9, 2012
|Story| KY3-TV
May 22, 2013
|Story| Reuters
May 22, 2013
|Blog| Autoblog.com
May 22, 2013
|Story| AP Broadcast
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| McClatchy-Tribune
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