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.
Gold Courts $1,500 Per Ounce for Second Day
By Marlene Y. SatterGold had set a new record on Monday at $1,497.20 per ounce in the wake of Standard & Poor's cut of its outlook on the U.S. and as worries over debt in the euro zone seethed.
April 12, 2011
CBO Estimates '11 Budget Deficit to Hit Record $1.5 TrillionThe $38 billion in spending cuts agreed to last week won't prevent this year's budget deficit from setting another record high, estimated at $1.5 trillion.
April 12, 2011
Greek Bond Sale Sees Demand, Yield Slightly Higher Post-BailoutTuesday’s auction by Greece of some 1.63 billion euros ($2.35 billion) in 6-month T-bills, while presenting slightly higher yields than its last auction in March, also drew more interest from foreign investors and somewhat higher demand.
April 08, 2011
PIMCO’s El-Erian: Portugal Actions Represent ‘New Phase’ in European Debt CrisisPortugal’s decision to follow Greece and Ireland in seeking a European Union-led bailout may mark a watershed in the region’s debt crisis, according to PIMCO chief Mohamed El-Erian.
April 06, 2011
FASB Unveils Update to Improve Reporting for Debt RestructuringsThe Financial Accounting Standards Board has issued an update that aims to improve financial reporting through greater consistency in the way generally accepted accounted principals (GAAP) is applied to debt restructurings.
April 05, 2011
FASB Unveils Update to Improve Reporting for Debt RestructuringsThe Financial Accounting Standards Board has issued an update that aims to improve financial reporting through greater consistency in the way generally accepted accounted principals (GAAP) is applied to debt restructurings.
April 01, 2011
Ireland Disappointed by ECB in Wake of Stress TestsIreland had hoped that the European Central Bank would announce a new funding plan on Thursday just after the results of stress tests on Ireland’s banks were made public.
March 31, 2011
Euro Zone Downgrades Not Over Yet: Moody’sMoody’s Investors Service said Thursday that downgrades to troubled nations in the euro zone were not over, thanks to inadequate measures to resolve the ongoing debt crisis that were announced last week by the European Union.