The U.S. economy grew by 3 percent in the last quarter of 2011, which was the strongest growth in a year and a half. The economy experienced a 1.8 percent gain in the prior quarter, according to the Commerce Department, who reported the numbers March 29. Federal Reserve Chair Ben Bernanke said he expects U.S. […]
Monthly Archives: March 2012
The total outstanding student loan debt in the United States has surpassed $1 trillion, the Consumer Financial Protection Bureau said. The number was much larger than estimated in numerous other studies, Rohit Chophra, CFPB’s student loan ombudsman, said March 21. The staggering number came from the bureau’s first major study of the private student loan […]
A collateral loan is a loan secured against something you own, and it never affects your credit. Collateral loans are becoming more popular in an era of slow economic rebound and little available credit. One of the reasons collateral loans are popular is there is less risk in obtaining a collateral loan than other types […]
The historical figure surrounding St. Patrick’s Day, St. Patrick of Ireland, was actually born in Britain around A.D. 390. At the age of 16, he was kidnapped and sent overseas to work in Ireland, according to Phillip Freeman, a classics professor at Luther College and the author of St. Patrick of Ireland: A Biography. As […]
Here are just a few reasons to shop local. According to the economic analysis firm Civics Economics, for every $100 spent at a locally-owned business, $68 returns to the community, while only $43 out of every $100 spent at big box retailers and global chains goes back to the community. The $68 filters back into […]