More than 45 million Americans have borrowed $1.45 trillion in student loans to help pay for their post-secondary educations. Repaying those loans can be tough, especially if the loan amount is high and pay for the first job after graduation is low.
One option for recent graduates might be refinancing their student loans. This works much the same was a home mortgage, but there is no collateral....More>>>
First Japan, and now China, is getting markets notably the bond world stirred up.
Bonds are the topic du jour, especially after the Bank of Japan got everyone a bit worked up yesterday by trimming its government bond purchases. Then this morning, Bloomberg reported China is considering cutting back on its U.S. Treasury holdings.
Timing is everything. That news has been tanking stock....More>>>
As a presidential candidate, Donald Trump promised to leave the issue of marijuana legalization to the states. Then he chose Jeff Sessions as his attorney general, and it was only a matter of time before that changed. Sessions has long pined for a crackdown on pot. “Good people don’t smoke marijuana,” he said in 2016. As a senator from Alabama he watched over the past few years....More>>>
U.S. stock futures are trading broadly higher this morning, as Wall Street prepares for the start of another earnings season. Big banks will kick earnings into high gear today. J.P. Morgan Chase & Co. (NYSE:JPM) has already stepped into the earnings confessional this morning. Following on its heels are Goldman Sachs Group, Inc. (NYSE:GS) and Morgan Stanley (NYSE:MS) and Bank of America....More>>>
The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>