The Great Debate

Aging Americans have a new companion: higher debt

By Helaine Olen
November 18, 2013

I like to joke about the fact that I have a ten-year-old boy at the age when my mother was not only an empty nester, but also an empty nester with a son-in-law. (That would be my husband.)

How to close America’s financial literacy gap

By David Nelms
February 21, 2012

In an election year, many issues vie for our attention. Complex matters like healthcare, social security, and taxes — that inspire endless opinions but have no easy solutions — are debated daily. One issue that we should all agree on without any debate: the need for financial education in schools. As a country we are failing in financial literacy. We owe it to our children to provide them with the best opportunity for a brighter financial future. By giving them a stronger grasp of the basic principles that can help them achieve their dreams — and avoid financial nightmares — we can help our nation as well.

from Reuters Money:

Tea Party downgrade? Here’s what S&P actually said

August 10, 2011

Was it a Tea Party downgrade?

Beltway media has offered the usual pox-on-both-political houses analysis of Standard & Poor's downgrade of U.S. debt and this week's market meltdown. The two parties spent Monday blaming one other side for the debacle. According to this narrative, both sides must bear equal guilt.

from Reuters Money:

Fury brewing at ratings agencies as markets gyrate

August 9, 2011

Carnival revellers are silhouetted as they carry a burning wooden wagon in Liestal, near Basel, February 21, 2010.  REUTERS/Michael BuholzerSo let me get this straight.

Ratings agencies helped spark the financial meltdown of 2008-9, when they deemed that steaming piles of mortgage junk were brimming with triple-A goodness. They were wrong – and epically so.

from Reuters Money:

What the CFPB should be doing with private education lenders

By Guest Contributor
July 19, 2011

The following is a guest contribution from Mark Kantrowitz, founder and publisher of finaid.org and fastweb.com. The opinions expressed are his own.

from Reuters Money:

How safe is your money-market fund?

July 12, 2011

Here's a $12 trillion question: Are money-market mutual funds safe?

The industry insists that they are and banking regulators aren't calling in the National Guard, although the U.S. Treasury Department is considering some emergency measures in case of a U.S. debt default.

from Reuters Money:

Is the American Dream dead?

June 23, 2011

The American Dream lures people from all over the world, and it’s because of this possibility: If you come here and work hard, your kids will have a better life than you.

from Reuters Money:

5 reasons why banks hate Elizabeth Warren

June 2, 2011

Elizabeth Warren, it's not you they hate. It's what you represent. You want to be an honest cop when so many before you in Washington have looked the other way and pretended that the banking industry could police itself.

The gender gap in personal finance

July 17, 2009

womenmoneyIt’s not surprising that men and women handle their personal finances differently. Yet, data collected by the employee benefits company Financial Finesse shows that men trump women when it comes to managing their wallets.