May incomes surge, but savings outpace spending (USA Today) Households pushed their savings rate to the highest level in more than 15 years in May as a big boost in incomes from the government's stimulus program was devoted more to bolstering nest eggs than increased spending.
B&L pours millions into lens rebranding efforts (Rochester Democrat and Chronicle) With its competitors focusing more on monthly wear contact lenses, B&L is aiming at daily disposable contacts.
New Plan for College Loans: Income-Based Repayment (Time Magazine) A new federal plan aims to cap monthly payments as a percentage of graduates' income -- and to kick private lenders out of the market
New Plan for College Loans: Income-Based Repayment (Time Magazine) A new federal plan with caps monthly payments aims to kick private lenders out of the market
Pet insurance can cover everything from routine animal care to catastrophic events (Standard-Examiner) Torn ligaments didn't drop Meea the Rottweiler to her knees - and the cost of fixing her problem didn't knock her owner off his feet, either.Meea, 7, has undergone ACL surgery two times, at a cost of $2,400 per knee. But thanks to pet insurance, owner Jeremy Frost says his out-of-pocket expense was only a third of that hefty bill.
Plastic bag use falls 70% at Metro grocery stores (CBC Montreal) Four weeks after it started charging a five-cent fee for single-use plastic bags, the Metro grocery store chain said Monday its customers in Ontario and Quebec are using 70 per cent fewer bags than the normal monthly average.
Single moms fight for kids' futures (The Japan Times) For single mothers, no government financial assistance means no higher education for their children — and probably no future. With the government in April terminating financial assistance to single parents that in Tokyo amounted to about ¥23,000 a month, many have no means to cover the expenses to even send their children to high school. Read the full story
Home loan tips (rediff.com) Home loan expert Harsh Roongta advises readers on what they should do if they are prepaying their home loans.
New program assists with loan payments (The Daily Texan) The federal government’s new income-based repayment program, which will cap monthly payments on student loans, went into effect Wednesday.
Mixed data clouds recovery picture (Tiscali) NEW YORK (Reuters) - U.S. consumer confidence this month fell short of expectations and a record drop in euro zone industrial production dampened signs from Asia of a nascent global economic recovery.
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