Archive for July 17th, 2017

In an echo of the subprime mortgage crisis, one of the largest owners of troubled student loans cannot collect because documents are missing.

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A quarter of all U.S. jobs and half of all low-skill positions could be offshored or automated in the coming years.

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The number might surprise you.

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It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.

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Even the richest Americans can qualify for Social Security retirement benefits

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If you like paying hefty tax bills in retirement, stick with your regular 401(k) plan.

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An explosion in costs has emerged as a central problem for the state, and state and local governments are pondering a series of measures to correct course.

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Almost six months into Donald Trump’s presidency, Americans are feeling fairly optimistic about their jobs, the strength of the U.S. economy, and their own fortunes.

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<p>The global recall of Takata Corp's defective air bags widened last week and the number of confirmed deaths rose, but legal experts said the bigger worry for car companies caught in the fallout is playing out in a Delaware bankruptcy courtroom.</p>

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To hear Richard Reeves tell it, the upper middle class is fast becoming the bane of American society. Its members have entrenched themselves just below the top 1 percent and protect their privileged position through public policy and private behavior. Americans cherish the belief that they live in a mobile society, where hard work and imagination are rewarded. The upper middle class is destroying this faith, because its impeding poorer Americans from getting ahead.
That conclusion is dead wrong, but it contains just enough truth to seem plausible. We need to separate fact from…

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