Headline News Archive

2017

July

21

• Trump administration cancels hundreds of Obama-era regulations. The White House has frozen or withdrawn hundreds of planned rules, a move aimed at bolstering the economy but that scraps proposed protections for workers…

20

• Hiring a bank lawyer to attack CFPB bank rules. President Trump and Republicans in Congress have broadcast their every intention to gut the Consumer Financial Protection Bureau. The president’s budget attempted to defund it…

• How American families pay for college: 2017. Sallie Mae’s 10th survey of parents and children shows that parents are saving less and students are borrowing more.

• N.Y. Attorney general opens inquiry into student loan collection. The New York attorney general, Eric T. Schneiderman, has opened an investigation into the collection practices of the National Collegiate Student Loan Trusts, one of…

• Voters support CFPB, strict financial regulation. As Republicans push to overhaul Dodd-Frank, a new poll shows that voters favor strict regulation of financial institutions and the goals of the controversial CFPB.…

• New U.S. subprime boom, same old sins: Auto defaults are soaring. It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud. Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto…

• Retirement deferred: Workers and companies grapple with a new reality. Life after 65 is starting to look a lot more like life at … 64. The percentage of Americans working past the traditional retirement age hit new highs…

19

• How the Senate health care bill failed. The Senate bill, which faced a near-impossible path forward after the House passed its version of the legislation in May, was ultimately defeated by deep…

• Progressives revive attacks on Wall Street in health care's wake. When it comes to Wall Street regulations, congressional Democrats have spent the year playing defense. But as the seventh anniversary of the Dodd-Frank Act approaches…

• Judge orders Quicken Loans to pay $11 million in fines and damages. Quicken Loans arguably has the mortgage industry’s most squeaky-clean image — named by J.D. Power as No. 1 in home loan customer satisfaction for seven…

• Senadores republicanos analizan a regañadientes acuerdo bipartidista para reformar ley de salud EEUU. Tras fracasar en sus esfuerzos de siete años para derogar y reemplazar el Obamacare en el Senado de Estados Unidos, los republicanos se enfrentan a…

18

• Mounting student loan debt mobilizing bankruptcy courts. Wiping out student loan debt in bankruptcy is so difficult it’s rarely an option for distressed borrowers. But there are indications that bankruptcy courts are…

• Hackers stole credit card numbers from Trump’s hotels for months. Guests at 14 Trump properties, including hotels in Washington, New York and Vancouver, have had their credit card information exposed, marking the third time in as many…

• Missing paperwork? Private student loans may be wiped away. Tens of thousands of people who took out private loans to pay for college but have not been able to keep up payments may get…

• Millennials are broke because they're making choices out of order. A record 55 percent of millennial parents have had children before getting married — compared to 25 percent of the youngest baby boomers who did…

• Republicanos EEUU fracasan en cambiar o derogar la ley de salud de Obama. Los legisladores republicanos fracasaron el martes en su intento para cambiar o derogar la ley de salud promulgada por el expresidente Barack Obama, en un…

17

• Going cashless? Bad for tax cheats, privacy, poor. Economists see great payoffs in a cashless society: lower transaction costs, new tools to manage economic growth and an end to tax evasion and money…

• Make sure you understand terms of service before paying a home inspector. A reader writes in to ask what to do when a home inspector isn't up front about the financial terms and conditions of the home…

• As companies relocate to big cities, suburban towns are left scrambling. Corporate relocations are happening across the country as economic opportunities shift to a handful of top cities and jobs become harder to find in some…

• Jóvenes se la juegan y le dicen no a la cobertura médica. Julian Senn-Raemont no está muy convencido de que vaya a necesitar realmente una cobertura médica cuando quede afuera del plan de su padre dentro de…

15

• La Sanidad en EE UU: Vidas en la Cuerda Floja. Los republicanos buscan una alternativa con la que liquidar la reforma sanitaria de Obama. Millones de personas corren el riesgo de quedarse sin cobertura

14

• Want a fabulous wedding? Consider eloping. Gone are the days when elopement almost always meant only that spontaneous trip to City Hall.

• Customer records for millions Of Verizon subscribers exposed. A cyber security firm says information for at least 14 million Verizon residential and small business wireline customers was found on an unsecured web server,…

• Don't repay your child's student loans. Rebrand the ‘borrowing’ as a future tax and you’ll make much better decisions

13

• New rule bans restrictive arbitration clauses in bank contracts. If you have a bank account, chances are your bank has a contract clause that requires you to go through arbitration if you feel you've…