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The Student Borrower Protection Center, a watchdog group, says one lender seems to charge higher rates to graduates of historically black colleges.

Graduates Of Historically Black Colleges May Be Paying More For Loans: Watchdog Group

11:27am February 05, 2020

by Chris Arnold

Graduates of historically black or predominantly Hispanic colleges might be paying more to borrow money because of where they went to school, according to a report from a financial watchdog.

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Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December.

Education Dept. Unveils Fix For Student Loan Program's 'Bureaucratic Nightmare'

6:45pm January 31, 2020

by Cory Turner

In its first year, the forgiveness program turned away 71% of borrowers because of a paperwork technicality. Now, the department says it's fixing that roadblock.

Democratic senators are demanding that the Consumer Financial Protection Bureau, led by Kathleen Kraninger, do its job supervising the student loan system.

Senators To CFPB: Why Are You Still Failing To Protect Student Loan Borrowers?

6:21pm January 30, 2020

by Chris Arnold

Democratic lawmakers sent a letter to the director of the nation's top consumer watchdog agency demanding that the Consumer Financial Protection Bureau do its job supervising the student loan system.

Roughly 40 million Americans are likely to see their credit scores drop by 20 points or more. An equal number should go up by as much.

FICO Is About To Change Credit Scores. Here's Why It Matters

4:58pm January 30, 2020

by Chris Arnold

The firm says 40 million Americans' scores will drop by more than 20 points, and a similar number will rise.

The phone of Jeff Bezos allegedly was hacked via a WhatsApp account held by Saudi Crown Prince Mohammed bin Salman.

Economy

Don't Be Like Jeff Bezos. Here's How To Keep Your Phone Safe From Hackers

5:24pm January 23, 2020

by Chris Arnold

The world's richest man and high-tech mastermind, Jeff Bezos, allegedly was hacked by the crown prince of Saudi Arabia. What do you need to know to protect your phone from perhaps less royal attacks?

Many Americans who get overwhelmed by student loan debt are told that student debt can't be erased through bankruptcy. Now more judges and lawyers say that's a myth and bankruptcy can help.

Myth Busted: Turns Out Bankruptcy Can Wipe Out Student Loan Debt After All

9:31am January 22, 2020

by Chris Arnold

Many Americans who get overwhelmed by student loan debt are told student debt can't be erased through bankruptcy. Now more judges and lawyers say that's a myth and bankruptcy can help.

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What if our economy is built not on traditional theories of rational behavior, but on narratives and psychology?

Economy

The Story Of Money: How Human Behavior Shapes Economies — And Vice Versa

12:23pm January 21, 2020

What's the point of money? The answer might seem obvious: we need it to get paid for our work, and to buy the things we need. But there's also a deeper way to look at the role of money in our lives.

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Patients Still Struggle To Balance High Costs Of MS Treatment, Despite Generic

9:00am January 20, 2020

by Sydney Lupkin

Drugs to treat multiple sclerosis can run $70,000 a year or more. Patients hoped competition from a generic version of one of the most popular brands would spur relief, but prices went up. Here's why.

Alipay and WeChat QR codes for online payment are displayed at a vegetable stall in Nantong in China's eastern Jiangsu province. Now China's central bank is preparing to test a digital currency.

Economy

China To Test Digital Currency. Could It End Up Challenging The Dollar Globally?

8:10pm January 13, 2020

by Scott Horsley

Bitcoin promises users anonymity, but transactions using China's digital currency would be tracked by its central bank. Experts say it could someday rival the dollar in international payments.

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The Secure Act aims to make it easier for small employers to offer retirement benefits. But some analysts say the new law doesn't go far enough because it's optional and doesn't apply to gig workers.

Economy

New Law Aims To Help Americans Without Retirement Plans. Will It Work?

11:29am January 11, 2020

by Yuki Noguchi

The Secure Act is intended to make it easier for small employers to offer retirement benefits. But some analysts say it doesn't go far enough because it's optional and doesn't apply to gig workers.

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