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Some consumers and businesses might see a little extra cash this summer as a result of the 2010 health care law. The Kaiser Family Foundation recently reported an estimated $1.3 billion in rebates will be delivered from health insurers who spent more than the law allotted on administrative expenses and profits.
From the perspective of the corporate profit and loss statement, a trading loss is one expense item in the context of all revenues and expenses. So $2 billion should be compared to the bank's $26.7 billion in pretax profits for 2011, suggesting a reduction of something less than 10 percent in annual profit.
This event will address the problems and improvements needed for student loans, beginning with a keynote presentation by former secretary of education Bill Bennett.
Recent economic research suggests that colleges siphon off a significant portion of federal education aid rather than lowering costs to students
SymphonyIRI reports that “57 percent of consumers are feeling increased financial strain when gas prices increase, and more than four in ten say high gas prices make it difficult to meet monthly expenses,” based on polls conducted in the second quarter of 2011. Furthermore, 49 percent of consumers plan to reduce grocery spending if gas prices climb another 50 cents. What can be done?
The use of soft dollars distorts reported expense ratios and undermines the goal of the House bill "Mutual Funds Integrity and Fee Transparency Act of 2003"to achieve greater transparency.
How many times have you heard Barack Obama talk about "investing" in education? Quite a few, if you've been listening to the president at all.In fact Americans have been investing more and more in education over the years, led by presidents Democratic and Republican. But it's become glaringly...
For all the talk about the Affordable Care Act's mandate to purchase insurance, you might think that the mandate is the linchpin of the entire law. It isn't, at least from the standpoint of whether the insurance market will collapse without it.






