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Bloomberg Business: Is Government Making a Bad Bet on Student Loans?: Megan McArdle
©2015 Bloomberg View NMK6GZ6KLVR6 (Bloomberg View) — Under the Barack Obama administration, the government has pretty much taken over the student loan business. Loans that might once have been made by banks (often with a federal guarantee) are now issued directly by the government. Proponents of this policy have hailed
Bloomberg Business: U.S. Stocks Advance on Rate Speculation After Yellen Statement
Copyright 2015 Bloomberg. NKABXH6KLVR9 (Bloomberg) — U.S. stocks rose to all-time highs after Federal Reserve Chair Janet Yellen indicated an increase in interest rates is unlikely before mid-year as inflation and wage growth remain too low. The Standard & Poor’s 500 Index rose 0.2 percent to a record 2,114.38 at 11:43
