People with a master's degree or doctorate can bank on a much higher starting salary than those with the same major but only a bachelor's degree. That's according to a recent survey of employers by the National Association ...
Economics & Business
Mar 20, 2020
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The U.S. government now owes over US$23.5 trillion in debt, or about $71,000 for every man, woman and child living within its borders. It has risen $3 trillion since President Trump took office in 2017 and is almost double ...
Economics & Business
Mar 19, 2020
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In 2019, U.S. consumer debt reached an all-time high, surpassing levels last seen during the 2008 financial crisis. Such debt takes many forms, including mortgages and student loans. But credit card debt alone exceeded $870 ...
Economics & Business
Jan 24, 2020
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Climate negotiations opening next week in Madrid must prioritise funding for nations already dealing with the cost of drought, floods and superstorms made worse by rising temperatures, more than 150 environmental groups said ...
Environment
Nov 29, 2019
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A recent college graduate has come up with a new way to help himself and others carrying student debt to reduce their loans faster.
Economics & Business
Nov 27, 2019
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3
Credit default swaps (CDS) were heavily criticized for being a major contributor to the 2008/09 financial crisis.
Economics & Business
Jul 30, 2019
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Like Kenny Rogers' gambler, who has to "know when to hold 'em, know when to fold 'em," banks face financial risks and uncertainty when deciding when to chase consumers who default on their credit card payments and when to ...
Economics & Business
Jul 25, 2019
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The opening of the Oscar-winning film The Big Short, a comedy-drama on the global financial crisis of 2007-2008, begins with a famous quote: "It ain't what you don't know that gets you into trouble. It's what you know for ...
Earth Sciences
Jul 19, 2019
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20
By the end of fourth quarter 2018, total household debt in the United States reached a new high of $13.54 trillion. A new Economic Inquiry study found that nonprofit credit counseling—which reaches millions of consumers ...
Economics & Business
Jul 3, 2019
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As of February 2019, student debt in the United States was more than $1.5 trillion. The rapid growth of America's student debt is a cause for concern for numerous observers, who fear the outbreak of a financial crisis.
Economics & Business
Jun 11, 2019
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