Financial related news.
Ohio State University was among the top 10 private and public higher education institutions with the lowest amount of student debt on average in the state last year. Two other schools in central Ohio — Capital University and Ohio Wesleyan University — ranked among the 36 Ohio institutions listed in LendEDU’s fourth annual Student Loan [...]
JEFFERSON CITY, Mo. (AP) — After devastating flooding this year, Iowa funneled $15 million into a special fund to help local governments recover and guard against future floods. Missouri budgeted more money to fight rising waters, including $2 million to help buy a moveable floodwall for a historic Mississippi River town that has faced flooding [...]
WASHINGTON (AP) — Just what the fragile global economy didn’t need: An unpredictable escalation in President Donald Trump’s trade war with China, one that spreads the conflict to currency markets, threatens to involve other countries and raises the risk of a global recession. At a time when growth in the United States and the world [...]
ANNAPOLIS, Md. — A Maryland initiative to help residents with education loans purchase their first home and wipe out college debt at the same time is taking off. Maryland SmartBuy has helped home buyers pay off a total of $7 million in student debt since its inception in 2016, according to the state Department of [...]
WASHINGTON (AP) — There’s little dispute that the Federal Reserve this week will do something it hasn’t done since 2008, when the U.S. economy was gripped by the Great Recession: Cut its benchmark interest rate. This time, by contrast, the economy is solid by most measures. Consumers are spending. Unemployment is close to a half-century [...]
Consumers affected by the 2017 Equifax data breach (that’s most U.S. adults who have credit) can get their names on the list to get free credit monitoring and/or monetary compensation. You can see if you’re included by visiting the Equifax Data Breach Settlement website (http://bit.ly/equifax-breach-settlement-site). But the compensation you apply for may not be what [...]
WASHINGTON — Eight years ago, Washington’s power players reluctantly sealed a pact to curtail federal spending and the debt. Now, with help from President Donald Trump, they are writing its epitaph. The budget deal reached this week by Trump, Speaker Nancy Pelosi and Republican leaders represents the last gasp of the 2011 Budget Control Act, [...]
Central Ohio’s unemployment rate was 3.7 percent last month, down from 4.3 percent in June 2018, according to data the Ohio Department of Job and Family Services released Tuesday. The rate is not seasonally adjusted. The 10-county metro area’s civilian labor force increased to 1,104,300 workers last month — 10,900 more than June 2018. There [...]
WASHINGTON (AP) — Retired Supreme Court Justice John Paul Stevens never really put down his pen. Without opinions and dissents to write following his retirement from the Supreme Court in 2010, Stevens chose instead to write books from his home in Florida, reflecting on his life but also the Constitution. Stevens, who died last week [...]
TEHRAN, Iran — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic’s ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country. In Iran, some government officials worry that the energy-hungry process of “mining” Bitcoin is abusing Iran’s system of subsidized [...]