ProPublica Staff Washington, DC, United States (ProPublica) – by Marian Wang It was with some fanfare that the Obama administration announced last fall that it was ramping up a program to help students with federal loans reduce their monthly payments. Under the program, payments are adjusted based on how much students earn — what’s known [...]
Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Rates for U.S. 30 year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments soared. The average rate for a 30-year fixed loan for the week ending Jan. 19 fell to 3.88 [...]
In the UK, the jobless rate fell unexpectedly for the three months ending in February as the number of people in work jumped. The International Labour Organisation’s (ILO) unemployment rate index of 7.8%, versus 8% for the previous three months, came as a welcome sign to the UK government that firms are feeling more confident [...]
Measure to extend jobless aid by 20 weeks returns to the House. View full post on All Stories
President Barack Obama and allied Senate Democrats are sparring with House Republicans on non-budget related items attached to a budget measure that would keep the government funded for the rest of the fiscal year and avoid a shutdown of non-essential government services. View full post on All Stories
Product DescriptionGlobal loan markets and the subprime-crises have experienced significant demand-supply distortions, soaring price volatility, as well as drastic and unexpected flow constraints or surpluses, particularly due to the more frequent and deeper financial crises affecting different regions or markets. As understood from the public discussions, loan trades are the appropriate measure for the time [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Economic growth was slightly better toward the end of 2010 than officials had previously estimated, the U.S. Bureau of Economic Analysis announced Friday. In its third estimate of the nation’s gross domestic product for the fourth quarter of 2010, the BEA said the [...]
Melvin Baker – AHN News Reporter Madison, WI, United States (AHN) – Pro-union demonstrators are pledging to continue rallies outside the capitol Thursday after Republican senators, in a controversial move, passed legislation restricting public employees’ collective bargaining rights. The measure had been stalled for three weeks after Democratic senators left the state to deny the [...]
Kris Alingod – AHN News Contributor Madison, WI, United States (AHN) – Wisconsin Gov. Scott Walker detailed a budget plan late Tuesday seeking deep cuts to schools and local governments. Protesters were blocked from the chamber in which the speech was given and one lawmaker had to climb into a window to re-enter the capitol [...]
Kris Alingod – AHN News Contributor Madison, WI, United States (AHN) – Wisconsin Gov. Scott Walker on Monday will outline a budget plan curbing collective bargaining rights to close a gaping deficit. Unions have protested since early this month, offering to pay more for healthcare premiums and pensions but standing firm on their right to [...]
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