Reuters Money

Occupy colleges? How to shut down student debt

October 14, 2011

Members of the Occupy Wall St movement hold signs aloft while demonstrating. REUTERS/Lucas Jackson One of the more compelling issues to emerge from the Occupy Wall Street movement is subject of crushing student debt.

Margaret Atwood on debt and consequences

October 14, 2011

Margaret Atwood REUTERS/handoutWhat might be most surprising about the myriad economic problems around the globe right now is how many major world economies seem to have been taken by surprise by the concept of debt. Maybe they should have been reading more Margaret Atwood.

Divorce stress meets recession mess, and women struggle

October 14, 2011

When Carol Meerschaert of Paoli, Pennsylvania divorced 10 years ago, she experienced first-hand how starting over as a single mom also means managing the money without any help.

Why household debt reduction could jumpstart economy

September 19, 2011

If we could move beyond the housing crisis, where would we find the seeds of a broad-based turnaround?

A silver lining: Credit cards buffered from rate hikes

August 9, 2011

Credit cards are pictured in a wallet in Washington, February 21, 2010. REUTERS/Stelios VariasWith the downward plunge of the stock markets and the potential for interest-rate hikes following the downgrade of U.S. debt, consumers are understandably worried about their own interest-rates going up. But one bit of good news in all this volatility is that credit cards are somewhat insulated, for right now.

Gold Mine: Links and tweets from around the Web

August 8, 2011

A worker scoops gold shots at Japanese jewellery brand, Ginza Tanaka's original equipment manufacturer (OEM) factory in the Chiba prefecture, east of Tokyo September 14, 2009. REUTERS/Yuriko Nakao One consequence of the stock market decline is that everyone is talking about investing in gold as it hits record highs. But what are they saying?

Social Security, Medicare dodge bullet, but cuts loom

August 2, 2011

Social Security and Medicare dodged a bullet in the debt ceiling battle, but beneficiaries still have plenty to fear from the next phase of the deficit reduction war.

Answers to the 7 big “what-ifs” of debt default

July 29, 2011

The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country’s $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. That’s why major credit rating agencies are considering a downgrade of U.S. debt.

3 more gloomy bargains: How much the debt deal will cost you

July 22, 2011

No matter what plan Washington concocts to reduce the deficit, it’s going to cost you something. “Shared sacrifice” is in vogue, but your pain will be bigger if you’re unfortunate enough to earn wages or need social benefits.

5 questions about Social Security and the debt ceiling

July 19, 2011

Social Security is a pawn in the negotiations to avoid a federal debt default, and that has stirred fear and confusion among current and future beneficiaries. President Obama has threatened not to make August benefit payments in the event of a default, and signaled that he is open to cutting Social Security if it helps him secure a big deficit-reduction deal with Republicans.