Category Archives: Finance

Family Federal Education Loan Borrowers Get a Reprieve if They Have Defaulted

About a million student loan borrowers who were left out of earlier relief efforts are getting a reprieve — but only if they defaulted on their loans. The Education Department said on Tuesday that it will temporarily stop collecting on defaulted loans that were made through the Family Federal Education Loans program and are privately […]

Pandemic Helps Stir Interest in Teaching Financial Literacy

In the latest round of legislative proposals, some states are merely encouraging the teaching of financial skills while a few would make the subject a graduation requirement. Ohio, for instance, is considering a proposal that would require high school students to pass a half-credit class in personal finance in order to graduate. The class must […]

A Family Opens Up About Its Investing Mistakes

An added layer of complexity is getting a family to agree to change course. Creating a strategy from scratch isn’t easy, but scrapping the old one for a new, untried one is more challenging, said John Zimmerman, president of Ascent Private Capital Management, the high-net-worth arm of U.S. Bank. “It’s more difficult and complicated than […]

Realtors Want to Sell You a Home. Their Trade Group Backs Evicting Others.

“Redfin has consistently been in favor of moratoriums,” said its chief executive, Glenn Kelman. “History will judge us.” Updated  April 18, 2021, 11:28 a.m. ET Zillow supports the C.D.C. edict, too, and it believes that moratoriums work most effectively when policies and relief programs include landlords and property managers in addition to renters. Last month, […]

An Argument for Investing Where the Return Is Social Change

Getting a market-rate return is something impact investors are comfortable with, but a lower return makes it harder to attract enough investors, said Trenton Allen, managing director and chief executive of Sustainable Capital Advisors. “It’s not impossible,” he said. “But you’re narrowing the number of investors you have access to.” Traditional impact investors also argue […]

Deals Designed to Lure Travelers Off Their Couches

Resorts there are unfurling the welcome mat in the form of deals. Through April, Katikies, which has seven boutique hotels between the islands of Mykonos and Santorini, is offering 20 percent off rates and 100-euro (about $118) food and beverage credits for three-night-minimum stays throughout 2021, including a full refund in case a pandemic-related travel […]