Sewanee, a Tennessee liberal arts college.
For those who wonder how college tuition costs manage to keep rising year after year, apparently defying laws of economic gravity, Sewanee, a liberal arts college in Tennessee, has an answer: they can’t. On Wednesday, Sewanee announced that it will cut its $46,000 annual bill for students by 10 percent in the fall.
Continue reading… “Tennessee College Bucks the Trend by Lowering Tuition”
Recession strengthens marriage vows.
While money problems sometimes strain a marriage, the opposite may also hold true: More than one-quarter of married Americans polled in a recent survey said the current recession has strengthened their union.
Continue reading… “Survey Finds Recession Can Strengthen a Marriage”
Okay, okay, we get it. House Republicans don’t like the idea of trying to reign in pollution. I mean really don’t like it. Many of them already claimed that climate change wasn’t real on the campaign trail, and said they’d fight climate legislation. Then, the powerful chairman of the House Energy Committee, Fred Upton (R-MI), has already sponsored a bill designed to prevent the EPA from enforcing the Clean Air Act, claiming it would kill jobs and whatnot. Now, House Republicans have released their vaunted plan for massive federal spending cuts. At the top of the list? The EPA.
Continue reading… “EPA’s Budget To Be Slashed”
One quarter of students defaulted within 3 years of starting repayment on their college loans.
About one-quarter of students who took out federal loans to attend for-profit colleges defaulted within three years of starting repayment, according to a new federal analysis.
Indians get richer.
Per capita income of Indians grew by 14.5% to Rs 46,492 in 2009-10 from Rs 40,605 in the year-ago period, as per the revised data released by the government today.
Continue reading… “Per Capita Income Grew by 14.5% in India”
PayPal is making more changes to its online payment service in India, saying it will begin restricting the size of payments to merchants in India because of new rules from the Reserve Bank of India.
Continue reading… “PayPal to Restrict Size of Payment to Merchants in India”
American dream of homeownership is not right for everyone.
Homeownership used to be the bedrock of the American dream, but the economic storm and its lasting effects have radically changed how everyone — no matter what stage of life they’re in — looks at their home.
Continue reading… “Home Ownership’s Changing Financial Role”
The total number of credit cards issued by commercial banks in China has climbed as of this month to 210 million.
The China Banking Regulatory Commission (CBRC) has tightened the rules on the issuance and use of credit cards to limit misuse in business, as credit card usage explodes by 44% over last year.
Continue reading… “Credit Card Usage Explodes in China”
[youtube]http://www.youtube.com/watch?v=Iqvf0hXFQUg[/youtube]
Julian Assange, the WikiLeaks founder, today pledged to make public the confidential tax details of 2,000 wealthy and prominent individuals, after being passed the data by a Swiss banker who claims the information potentially reveals instances of money-laundering and large-scale illegal tax evasion.
Reloadable prepaid debit cards represent one of the fastest-growing segments of the financial services industry.
Last year, Michael Abukhader’s 12-year-old son, Jacob, received a $30 NASCAR prepaid Visa card from an aunt who thought it would provide a convenient way to give him cash for birthdays and other events. But once Abukhader, who lives in Queen Creek, Ariz., reviewed the terms of the card, he closed the account.
Continue reading… “Consumers Beware – Reloadable Prepaid Debit Cards Loaded with Fees”
Shani Shingnapur, the world famous temple town in Maharashtra where houses have neither doors nor locks, now befittingly has its first commercial bank branch with no locks on its front door. The public sector UCO Bank is the first to throw open the doors of commercial banking to this unique town of 3,000 people. Bowing to local religious sentiments, the bank last week decided to open the branch without a lock on its front door…
Continue reading… “Bank in India Launches Branch Without Locks”
Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction.
Continue reading… “Facebook Valued at $50 Billion After Goldman Sachs Investment Deal”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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