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Aug 27, 2014

Tough Lesson for Textbook Publishers

Debt-weary college and grad students are opting for cheaper or even free textbook versions, forcing major publishers to revamp their business models...

Aug 26, 2014

If You Want to See Inequality in the U.S. at Its Worst, Visit an Impound Lot

For millions of Americans a towed car can lead to a crippling spiral of stress, debt, joblessness, illness and, in many cases, incarceration...

Aug 27, 2014

Are Social Security checks safe if you cosign a student loan?

James is in a sticky situation. He and his wife cosigned for their daughter's $90,000 private student loan. Now their daughter is having trouble repaying the debt...

Aug 26, 2014

Austria's Finance Minister Resigns

Austrian Finance Minister Michael Spindelegger resigned after eight months in the role, citing differences within his party on tax and debt reform. He also stepped down as vice chancellor and head of his party...

Aug 20, 2014

Struggling With Student Loan Debt Over Age 50

Student loan debt for Americans over age 50 is rising, and it's becoming a problem for retirement planning due to the potential for garnished Social Security income and more...

Aug 26, 2014

Burger King Nets Financing For Tim Hortons Merger

Burger King Worldwide has obtained commitments for $12.5 billion of financing to fund the cash portion of its merger with Tim Hortons, including a $9.5 billion debt financing package led by JP Morgan and Wells Fargo, the company announced... #Burger King #Wells Fargo #Tim Hortons Inc.

Aug 20, 2014

After Sale to Bain, Toms’s Chief Wants to Expand Global Reach

The deal with Bain Capital is said to value the retailer at about $625 million, including debt... #Bain Capital #TOMS Shoes

Aug 20, 2014

Fortescue Profit Jumps

Fortescue Metals Group said it hoped to repay as much as US$1.5 billion of debt within the next year, after a sharp rise in iron-ore output from its Pilbara mines fueled a 56% rise in annual profit... #Bain Capital #TOMS Shoes

Aug 21, 2014

U.S. judge schedules hearing Thursday in Argentina debt dispute

The U.S. judge overseeing the long-running litigation over Argentina bonds has scheduled a hearing for 3 p.m. EDT (1900 GMT) in New York, after Argentine officials announced plans to skirt his court rulings that pushed the country into default... #Bain Capital #TOMS Shoes

Aug 19, 2014

How Millennials Can Become Millionaires

Contrary to popular belief, it’s not the amount of student debt, choice of college major or even past interview failures that prevent many recent graduates from achieving wealth... #Bain Capital #TOMS Shoes