| Feb 26, 2014
| 11:29 AM
[Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.]
In its first action against a company in the for-profit college industry, the federal Consumer...
| Mar 3, 2014
| 10:30 AM
When it comes to building a college nest egg, the investment plans known as 529s are at the top of many parents' lists. The accounts are easy to open, the investment options are plentiful and the tax benefits are meaningful.
But in the marketing fine...
| Feb 20, 2014
| 5:00 AM
Retired aerospace engineer Owen Klasen was rejected last year when he sought a second mortgage to paint and re-roof his house.
Home prices hadn't risen enough, the loan officer told him.
But last month, the same loan officer offered him more than...
| Feb 23, 2014
Dashiell and Marya Talbot thought that their most pressing financial problem was the five-figure student loan debt that seemed to make home buying an impossibility. Then they learned that Marya was pregnant.
The Los Angeles couple, both in their 30s,...
| Feb 3, 2014
| 8:10 PM
In a move that will add to the city's mountain of debt, Mayor Rahm Emanuel won support Monday from the City Council's Finance Committee to issue up to $900 million in bonds backed by property taxes.
It's the largest request put forth during Emanuel's...
| Feb 4, 2014
| 6:30 AM
Netflix formally announced it is seeking to offer $400 million aggregate principal amount of 10-year senior notes due 2024 to institutional investors, coin it expects to use for acquiring original content and expanding into Europe.
The Internet streaming...
| Feb 9, 2014
| 5:00 AM
Dear Liz: My wife of 34 years died five years ago. Her father is 94. He has accumulated a large amount of wealth over the last 40 years. I always made a point of staying out of financial discussions between my father-in-law and his daughters. He told us...
| Feb 6, 2014
| 8:08 AM
Weaker signals from the housing markets sent mortgage rates lower for the fifth week in a row, with Freddie Mac reporting that lenders were offering 30-year fixed home loans to solid borrowers at an average of 4.23%, down from 4.32% a week ago.
| Feb 6, 2014
| 2:36 PM
"Connecticut is moving forward," Gov. Dannel P. Malloy repeated several times Thursday in his snow-delayed fourth State of the State speech to a joint session of the General Assembly.
It was a cautiously optimistic and for the most part accurate...
| Feb 7, 2014
| 2:00 PM
Attorney General Douglas F. Gansler, running for the Democratic nomination for governor, proposed Friday that the state give commuters a break on the tolls on the Intercounty Connector in the Washington suburbs.
Gansler's campaign issued a statement and...
| Feb 10, 2014
Last October, in between arguments over the debt ceiling, the federal government somehow found time to send me an email. My student loan payment was 70 days past due, the message read, so the government had negatively reported me to each major credit...