Cultural response could improve Maori financial literacy

A report on the spending habits of Māori women has identified that a culturally-responsive community model could help improve financial literacy among Māori. The research project, which was conducted by the Westpac Massey ...

Japan scientists attack govt research cut plans

Top Japanese scientists, including four Nobel laureates, have criticised the new government for plans to slash research budgets, warning the country will loose its high-tech edge.

The unexpected benefits of adjustable rate mortgages

Using loan level data matched to consumer credit records, researchers have been able to determine that a reduction in mortgage payments of as little as $150 a month spurred a reduction in mortgage defaults and an increase ...

GOP warns Obama against tax increases, spending (Update)

(AP)—Republicans say President Barack Obama's second-term agenda will bring more tax increases and increase deficit spending. They're vowing to promote economic growth to help middle-class families find good jobs.

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