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The U.S. Economy’s Split Personality

Is the U.S. economy becoming bipolar? That’s what it seems like if you contrast the behavior of consumers versus corporations lately. Individual shoppers have been as bullish as they have been in years. With stocks relatively high, personal finances in better shape, and the housing market in recovery, American consumers have finally …

Highly Educated Have Biggest Debt Problems

The federal government is suing Bank of America for a $1 billion over the bank’s pre-crisis mortgage practice known as “the hustle.” But it wasn’t just naive home buyers who fed the financial crisis. Renters and the well educated had too much debt too, and a new study concludes that college graduates are most prone to debt mismanagement.

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