Personal Finance

More Than 1 Million New Defaulted Student Loans in 2016

At the end of last year, some 42.4 million Americans owed $1.3 trillion in federal direct student loans. The total number of defaulted federal direct loans rose by 1.1 ...
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Easter Spending Expected to Reach $18 Billion

Although its lags behind the big year-end holidays, Easter is a boom time for many retailers. Consumers will spend $18.4 billion on Easter this year, up 6% to an all-time ...
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2017 Data Breaches Soar Above 350

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 353 data breaches recorded this year through March 21, 2017, and that over 1.3 million ...
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New York Data Breaches Exposed 1.6 Million Records Last Year

New York Attorney General Eric Schneiderman on Wednesday said nearly 1,300 data breaches occurred in the state last year and that those incidents exposed personal records of some 1.6 million ...
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Kickstarting America’s Stalled Productivity Growth

In each of the past three years, U.S. productivity has risen less than 1%. Productivity is a measure of the amount of output the economy generated for an hour of ...
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Who Is Getting the Best Pay Raises?

The highest-paid CEO last year was Thomas Rutledge of Charter Communications. He received total compensation of $98.6 million. Rutledge's pay was presumably based on Charter's return to shareholders, which came ...
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6 Insider Tips for Home Buyers

While trading stocks on the basis of insider information could earn you a vacation in one of Uncle Sam's less desirable destinations, insider info can be just as valuable — ...
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Cities Where Home Prices Are Up Over 20%

Home prices rose by 21.4% year over year in February in Portsmouth, New Hampshire, and by 20.1% in Deltona, Florida. These are the two U.S. cities with the highest price ...
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5 Real Estate Tax Tips From the One-Percenters That Could Help You

One thing that helps the wealthy maintain their wealth is taking advantage of all the tax breaks available to them. This tactic applies not only to income taxes but to ...
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58% of Millennials, Nearly Half of All Student Borrowers Have Missed a Payment

Some 44 million Americans have student loan debt, totaling more than $1.4 trillion. That represents more than 37% of all consumer credit outstanding at the end of December and about ...
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Counterfeit Hoverboard Battery Could Cost Amazon $30 Million

In January of last year, a $1 million home in Nashville was destroyed when a hoverboard purchased from Amazon.com Inc. (NASDAQ: AMZN) caught fire. The family's father had to rescue ...
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Pace of Wage Growth Quickens as Minimum Wage Rises

In 2016, 17 states and the District of Columbia raised state-mandated minimum wages. In those states, total wage growth for workers in the 10th (lowest) percentile of the population rose ...
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How a Fed Interest Rate Hike Affects Your Savings Account

With interest rates so low for so long — 0.01% typically — stashing money in a savings account has seemed little better than putting it under your mattress. That situation ...
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More Than 300 Data Breaches to Date in 2017

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 312 data breaches recorded this year through March 14, 2017, and that over 1.3 million ...
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New Gmail Feature Allows Users to Send Money

Google has announced that Gmail now can be used to send money, as well as request it. The new product does not require Gmail users to download any new software, and ...
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