The 2010 overhaul to healthcare legislation simultaneously included massive changes to the federal student loan program.  The bill was intended to make a college education more accessible for the aspiring students across the nation; however, how effective has the legislation proven, now over a year since its passing?   Studies have shown that, despite the [...]

Under the three-stage “liquidity” plan recently announced by the Federal Reserve and other European officials, the U.S. central bank will print money to bail out the EU.   The goal of the program is to supply dollars Europe can use to buy its own bonds in an effort to prevent the entire European economy from [...]

An internal survey conducted by Walmart revealed that the inflation rate may be higher than desired by Federal Reserve Chairman Ben Bernanke.  MKM Partners surveyed prices of consumer products sold by Walmart, the world’s largest retailer; the results revealed that retail prices have risen 0.6 percent in the last two months.  At this rate, prices [...]

A meeting of the Group of 20 nations held recently in Gyeongju, South Korea, sought to propose an acceptable solution to the currency wars which have raged among the world’s leading economies in recent months. Despite U .S. efforts to hammer out a concrete solution with enforceable restrictions and a precise measure of trade balances, [...]

A meeting of the Group of 20 nations held recently in Gyeongju, South Korea, sought to propose an acceptable solution to the currency wars which have raged among the world’s leading economies in recent months.  Despite U.S. efforts to hammer out a concrete solution with enforceable restrictions and a precise measure of trade balances, the [...]

Tax cuts enacted by the Bush administration in 2001 and 2003 are due to expire by the end of the year.  These cuts reduced marginal income tax rates for earners at every level and gave special breaks for education, married couples, and families with children.  Taxes on capital gains and dividends were also substantially reduced, [...]

E-mails recently released by a Senate subcommittee implicate Wall Street giant Goldman Sachs in making “serious money” off of the real estate bubble burst. The e-mail chains contradict claims by Goldman officials that the investment bank also lost a substantial amount of money from mortgage-related investments, and will be addressed during the bank’s Senate hearing [...]

BC’s Carroll School of Management students recently learned that their undergraduate program has been ranked in the Top Ten in the nation for 2010.  A leap upward from number 17 in 2009, CSOM’s current place at number nine is certainly an incredible achievement.  How did CSOM make such a drastic improvement, according to Business Week?  [...]

The dollar grew in strength against the euro for the sixth consecutive week after the Fed announced an increase in the discount rate last Thursday.  The euro, valued at $1.3618 on Wednesday evening, decreased to $1.3544 after the Fed’s Thursday announcement. The Fed’s decision to raise the rate it charges banks for emergency loans from [...]

Experts are uncertain as to the immediate future of retail sales during the coming weeks of December.