Author: super@dmin
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Capitol Report: Will Fannie and Freddie get a new sibling?
The Trump administration and the Federal Housing Finance Agency are both making overtures toward getting the ability to charter a new mortgage finance giant in the mold of Fannie Mae and Freddie Mac, something all housing observers are keeping a close eye on.
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The Moneyist: This father paid $400,000 to get his child into Georgetown, but his son said he didn’t know — should he have been expelled?
Where does the responsibility lie for those children embroiled in the college admissions scandal?
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This bank is eliminating all fees from its checking and savings accounts — why consumers shouldn’t necessarily flock to it
Consumers have a growing number of options when it comes to fee-free checking and savings accounts.
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Encore: Married women more at risk in retirement than singles
Two-earner couples benefit less from Social Security and save too little in 401(k) accounts
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Metals Stocks: Gold futures pull back after a multiday climb
Gold futures move lower Monday following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that’s expected to offer hints on the central bank’s plan on interest rates.
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Economic Report: Empire State manufacturing index posts largest-ever drop into negative territory in June
The Empire State factor index plummeted 26 points in June and is now signaling contraction for the first time since Oct. 2016, the New York Fed said Monday.
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U.S. stock market has conflicting patterns, according to Elliott Wave theory
The general theme is bearishness, but if the S&P 500 breaks out, that could suggest a run to 4,000 points.
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Europe Markets: Europe markets quiet as Fed meeting in focus
Investors debated whether economic data was pushing central banks closer to easing
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Treasury Dept. says student-debt crisis is so bad that financial education should be mandatory for college students
The recommendation comes as students loan borrowers cope with $1.5 trillion in debt.
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Peter Morici: Why the Fed should ditch its 2% inflation target
Spending, not inflation, drives growth and prosperity, writes Peter Morici.