Obama outlines plan to stem skyrocketing cost of college

Obama outlines plan to stem skyrocketing cost of college

President Barack Obama wants to tackle the skyrocketing cost of college by tying billions of dollars in federal student aid to how well colleges rank on affordability and other measures.

Barclays can keep billions related to Lehman buyout, US judge rules

Barclays scored a significant legal victory in the US last night in its long tussle over billions of dollars of disputed assets from its acquisition of Lehman Brothers in 2008.

Helping the richest get richer

Last week, the Senate voted on a proposal by New Jersey Sen. Robert Menendez to end some of the billions of dollars in handouts enjoyed by the fossil-fuel industry.

Budget cuts give Herrera Beutler pause

U.S. Rep. Jaime Herrera Beutler admits she has reservations about the billions of dollars in discretionary nondefense programs the House wants to cut from the current year’s federal budget. (21 hours ago)

b>Personal Finance Daily: Let’s deal with banks the way they deal with us

The federal government — that is, you, me and every other U.S. taxpayer — doled out billions of dollars to banks to give them a second chance after they brought themselves to the brink of failure through high-risk financial activities. But banks aren’t nearly so supportive of that second-chance idea when they’re the ones with the power to offer, or withhold, a helping hand. (12 hours ago)

Inheritance windfalls better spent lowering debt than buying stocks: analysts

MONTREAL – Canadians receiving billions of dollars of inheritance this year should avoid plunging their windfalls into the volatile stock market and instead focus on paying down debt, say investment advisers. (14 mins ago)